MOST ACTIVE ISSUES (January 11, 1999)
ExchgVol(000s)HighLowCloseChangeWilliam ResT122580.060.040.06-0.00Barrick GoldT1204930.6529.2029.60-0.10Placer DomeT871518.1017.0717.45-0.15Royal Oak Mns*X69980.310.190.25…
News
Rubicon raises half a million (January 11, 1999)
Junior Rubicon Minerals (RMX-V) has closed a private placement of 1.5 million units priced at 35 cents each, resulting in gross proceeds of $545,000.Each unit consists of one share and one non-transfe…
THE NORTHERN MINER — North American Mining Index (January 11, 1999)
92.33 (+2.78)(Sept. 30/98 = 100)…
THE NORTHERN MINER — Small Producers Index (January 11, 1999)
83.50 (+0.26)(Sept. 30/98 = 100)…
NAME CHANGE (January 11, 1999)
Hawkeye Gold (HAW-V) has changed its name to Hawkeye Gold International (HGO-V) on a 1-new-for-4-old-share basis.
METAL PRICES (January 11, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateJan. 5Jan. 4Jan. 1Dec. 31…
Viceroy advances Gualcamayo project in Argentina — Junior prepares to launch second phase of diamond drilling
Concerns that gold-bearing fines are being lost during diamond drilling at the Gualcamayo project in Argentina have prompted Viceroy Resource (VOY-T) to begin twinning the holes with a reverse-circula…
Trillion, Oliver cancel merger
Trillion Resources (TLQ-T) and Oliver Gold (OGO-V) are not proceeding with a proposed merger; nor are they proceeding with a related loan to Trillion of $500,000.Instead, the companies are reviewing o…
COMMENTARY — Promoting a positive approach in Montana
In a vote that was important to the industry, the Montana ballot initiative to ban mining’s use of cyanide in the recovery of precious metal was passed by a 53% vote in favor.Unfortunately, there was …
Index (January 04, 1999)
CareersClassifiedCommentaryDividendsDrillersEditorialMetal PricesOdds’n’SodsProfessional DirectoryQueryStock MarketSubscription Services…
Careers (January 04, 1999)
Pricewaterhouse CoopersEXECUTIVE SEARCHCHIEF METALLURGISTOur client, a major international gold producer, is seeking a Chief Metallurgist. Based at an Ontario mine site, the position will also t…
Royal Oak suspends debt payments — Greenstone reworks loans, boosts working capital
The walls keep closing in on Royal Oak Mines (RYO-T).Facing crushing debts, the exasperated gold miner announced two days before Christmas that it would defer making payments on its outstanding loans …