THE NORTHERN MINER — Small Producers Index (October 04, 1999)
73.26 (+8.81)(Sept. 30/98 = 100)…
News
Crown Jewel challenge rejected — Ruling cites congressional approval of $160m mine
Partners Crown Resources and Battle Mountain Gold have cleared the latest in a long line of hurdles toward the development of the Crown Jewel gold mine in Washington state.The latest victory stems fro…
Diesel conference planned
About 130 delegates from Canada and abroad are expected to attend the Mining Diesel Emissions Conference, to be held Nov. 3-4 at the Embassy Suites Hotel in Markham, Ont.In keeping with the theme of t…
OBITUARY — Philip Malouf
Philip Malouf, who discovered what became one of the longest-living asbestos operations in North America, has died. He was 86.Malouf obtained an engineering degree from McGill University in 1935. Six …
Coal industry pushes for zero-emission energy
The Coal Association of Canada (CAC) has formed a joint venture with the Los Alamos National Laboratory in New Mexico to explore the technical and commercial feasibility of generating electricity from…
Juniors exploring prospects in James Bay
Activity is heating up in the James Bay area, where several juniors recently launched exploration programs.Virginia Gold Mines (VIA-M) and its partners have begun drill programs at several projects ne…
MINING MARKETS & INVESTMENT NEWS — NEWS ROUNDUP — Fortune sells Ontex shares
In order to focus on core projects, Fortune Minerals (ft-t) plans to sell 5.7 million shares of Ontex Resources (ONT-A) at 60 cents per share for proceeds of $3.4 million.The company has already secur…
MOST ACTIVE ISSUES, SEPT. 15-21
ExchgVol(000s)HighLowCloseChangePlacer DomeT13084…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Big golds recover ground in weak market
The Toronto Stock Exchange slid badly over the trading period Sept. 15-21, with the TSE 300 composite index falling 220.22 points (3.1% of value) to close at 6,917.87 on Sept. 21. The base metal stock…
Valdez finds gold in Chihuahua
Junior Valdez Gold (VAZ-A) has found low-grade gold mineralization on its Gaby property in Chihuahua state, Mexico.Anomalous gold values were found in soil samples from the Los Jarros prospect, which …
MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — Valerie among juniors to shine on VSE
The Vancouver Stock Exchange composite index edged up 0.73 of a point, or 0.2%, to close at 406.79 for the report period ended Sept. 21. The mining index tumbled 3.63 points, or 1.3%, to finish the we…
EDITORIAL & OPINION — COMMENTARY — Ontario mining in the veins
“There is no failure except in no longer trying.” — Elbert HubbardQuotations such as the one above are lived out daily in the mining business. If the town of Kirkland Lake had given up hope, it could…