GOLD FUNDS (May 31, 1999)
Gold Funds as of May 20, 1999BGRCentralNet Value$13.815.64Price$8.90$5.65…
News
East meets West at White Silver Mtn.
A decade ago, it would have been impossible for a Canadian junior to gain a foothold into the mining and metallurgical complex operated by state-owned Baiyin Non-Ferrous Metals Corp. (BNMC) in north-c…
PRECIOUS METALS — Cost reporting a hot potato for gold producers
Special to The Northern MinerProduction cost has always been an important measure of the relative health of a gold producer. Now, as bullion prices flirt with 20-year lows, it has become a glaring ind…
PRECIOUS METALS — Moydow goes public with Ghanaian gold assets
Dublin-based Moydow Mines International (MOY-T) is celebrating two recent events at its properties in Ghana: the successful startup of its first gold mine and the discovery of a promising new gold zon…
PEOPLE — Kolyma Goldfields
Daniel Matthews appointed president; Michael Stannard appointed director.
PEOPLE — Asarco
Francis McAllister appointed chairman and CEO; Kevin Morano appointed president, COO and director; William Dowd appointed vp finance and CFO; Richard Osborne, Michael Nelligan, Manuel Pacheco and Jame…
INVESTMENT COMMENTARY — Stillwater’s long-term prospects rosy: analyst
With palladium continuing to outperform many other commodities and showing positive supply-demand fundamentals, Stillwater Mining (SWC-X) is well-positioned for growth, says Wendell Zerb of Pacific In…
THE NORTHERN MINER — North American Mining Index (May 31, 1999)
90.45 (-6.05)
PEOPLE — Sand River
George Cavey appointed president and CEO.
PEOPLE — Pacific Bay
Guilford Brett appointed president; William Bird appointed vp of exploration.
PEOPLE — Admiral Bay
Thomas Kennedy appointed president and director.
MINING MARKETS & INVESTMENT NEWS — U.S. MARKETS — Metal prices punish producers
The Dow Jones industrial average slid 305.86 points, or 2.8%, during the report period ended May 25, while gold continued eroding and copper resumed its downward trend.Mining issues suffered for the w…