Companies (April 12, 1999)
Aber ResourcesAdrian ResourcesAlberta EnergyAnglogoldArch CoalAsarcoAshton Mining of CanadaAtna ResourcesAuric ResourcesBarrick GoldBlue Desert MiningBolidenBroken Hill ProprietaryCamecoCanabrava Diam…
1999
COAL, URANIUM & OIL SANDS — Blue Desert options property
Blue Desert Mining (bde-a) can acquire from Kennecott Canada Exploration the Antimony Mountain gold property in the Yukon.The property consists of 255 claims covering 4,950 acres and is situated 65 km…
Cumberland boosts Meadowbank resource
Vancouver-based Cumberland Resources (CBD-T) has increased resources at its Meadowbank gold project, 70 km north of Baker Lake in the new territory of Nunavut.Resources stand at 8.8 million tonnes ave…
COAL, URANIUM & OIL SANDS — Coal production costs to come under scrutiny in 1999
Special to The Northern MinerNineteen ninety-nine is expected to be “the worst export year in a decade,” says a coal mining industry executive, and companies are going to be cutting, chopping and barg…
GOLD FUNDS (April 12, 1999)
Gold Funds as of April 1, 1999BGRCentralNet Value$13.445.70Price$9.30$5.8…
COAL, URANIUM & OIL SANDS — Poplar forms joint venture with Dia Met Minerals
North Star Diamonds, the 65%-owned subsidiary of Poplar Resources (PPX-V), has reached a preliminary agreement to option a 70% interest in its Swedish diamond project to Kelowna-based Dia Met Minerals…
COAL, URANIUM & OIL SANDS — Iamgold bouyed by profits
Increased production and lower costs from the Sadiola Hill gold mine in Mali have enabled Iamgold (IMG-T) to post higher revenue, income and cash flow in 1998 over the previous year.The company and pa…
MINING MARKETS & INVESTMENT NEWS — Richmont to buy own stock
Montreal-based Richmont Mines (RIC-T) intends to repurchase shares for cancellation. The Toronto and Montreal Stock Exchanges have accepted the company’s normal course issuer bid, which began March 24…
COAL, URANIUM & OIL SANDS –Expatriate expands Yukon position
Junior Expatriate Resources (EXR-V) has added to its Yukon holdings by acquiring the Hyland and Forty Mile properties.The Vancouver-based junior purchased a 100% interest in the 527 claims that compri…
Wheaton River expands at Bellavista gold property
Wheaton River Minerals (WRM-T) has boosted by 8% the amount of open-pit reserves at its Bellavista gold project in Costa Rica.Proven and probable reserves are now estimated at 11.2 million tonnes grad…
METAL PRICE
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateApril 6April 5April 2April 1…
COAL, URANIUM & OIL SANDS — Curator options Crowsnest
Eastfield Resources (ETF-V) has reached an agreement with International Curator Resources (IC-T) concerning exploration of the Crowsnest gold property in southeastern British Columbia.Curator can init…