THE NORTHERN MINER — North American Mining Index (November 22, 1999)
94.21 (+0.18)
1999
Companies (November 22, 1999)
Archangel DiamondAsarcoAtna Res.Aur Res.Banff Res.Broken Hill Pty.CambiorCampbell Res.Canmine Res.Channel Res.Claude Res.Coeur d’Alene MinesCyprus AmaxDe Beers Cons. MinesDia Met MineralsEcho Bay Mine…
Moydow funds exploration
To finance exploration of its Ghanaian gold assets, junior Moydow Mines International (MOY-T) is raising $5 million via a private placement.The financing, brokered by Loewen, Ondaatje, McCutcheon, wil…
Campbell tackles costs
Excess dilution has prompted Campbell Resources (CCH-T) to switch mining methods at its Joe Mann gold mine, near Chibougamau, Que.Since September, production has been restricted to upper levels, with …
Niocan lines up customers
Montreal-based Niocan (NIO-M) will distribute at least 25% of its ferroniobium in Europe, possibly begining at the end of 2001.The company, which has signed an agreement with a leading ferro-alloy pro…
North American Palladium doubles Lac des les resource
The Lac des les palladium deposit in northern Ontario has just doubled in size.AGRA Simons, retained by mine owner North American Palladium (PDL-T) to perform a feasibility study, estimates a measure…
Manhattan to resume work at Tambo Grande project
Manhattan Minerals (MAN-T) will begin a second round of drilling at its 75%-optioned Tambo Grande polymetallic project in northwestern Peru.During the first phase, which consisted of 102 core holes (2…
GEOLOGY 101 – Skarn deposits, Part 1
Skarn deposits are significant sources of tungsten, copper, iron, gold, molybdenum, lead, zinc and tin, as well as being minor sources of silver and bismuth. Industrial minerals, including wollastonit…
PEOPLE — Solitario
John Hainey appointed director.
PEOPLE — LionOre
Colin Steyn appointed president and CEO; Donald Bailey appointed vice-chairman.
Placer boosts Zaldivar stake
Less than a year after it announced plans to divest itself of base metal assets, Placer Dome (PDG-T) has acquired full ownership of the Zaldivar open-pit copper mine in Chile.Placer shelled out US$251…
COMMENTARY – Canada must fight for fairness
Increasingly, Canadians are seeing product bans that discriminate against our mineral exports. The impact on metals markets is serious and is already being felt.Banning, labeling or imposing restricti…