The Northern Miner Small Producers Index (March 01, 1999)
81.73 (+1.84)(Sept. 30/98 = 100)…
News
GOLD FUNDS (March 01, 1999)
Gold Funds as of February 18, 1999BGRCentralNet Value$13.825.93Price$9.25…
NEWS IN BRIEF (March 01, 1999)
Jopec Resources (JPR-V) has changed its name to Fortuna Ventures (FVI-V) on a 1-new-for-7-old-share basis.
Profits, hedging buoy Placer Dome
With gold production reaching a record high and cash costs falling to a record low, Placer Dome (PDG-T) bucked the industry trend and recorded a strong financial and operating performance for 1998.The…
Index (March 01, 1999)
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Conference promotes ‘African renaissance’
Despite low commodity prices and the political turmoil engulfing many African states, the mood at this year’s Investing in African Mining conference (also known as Indaba) was guardedly optimistic, as…
PEOPLE — Inspiration Mining
Robert Lockwood appointed president and director, Stefano Paoli appointed director, and Jerry Beaulac appointed secretary.
PEOPLE — Indo Metals
P.T. O’Kane appointed director.
NEWS ROUNDUP — Altai options project to Barrick
Toronto-based Altai Resources (ATI-T) has optioned its Rodeo gold project in Peru’s Ancash province to a unit of Barrick Gold (ABX-T).The companies agreed to hold the property in a joint-stock company…
Aur to fund feasibility at Tiomin’s Kwale project
The relationship between mid-tier copper producer Aur Resources (AUR-T) and junior Tiomin Resources (TIO-T) has been cemented by Aur’s financing of a feasibility study on Tiomin’s Kwale titanium-sands…
ODDS ‘N’ SODS — The last laugh
The Quebec Ministry of Mines used to publish lists of claims that were about to expire. These were studied by stakers like myself, since one never knew when some hot property was going to come open. P…
Inco finds partner for exploration — Dowa Mining to fund work in Indonesia, Turkey
Tight times in the nickel industry have forced Inco (N-T) to concentrate on exploration at its advanced projects, but a joint-venture agreement with Tokyo-based Dowa Mining will permit less advanced p…