Articles by Northern Miner Staff

Denver — Hecla Mining (HL-N) has agreed to sell its ball clay and kaolin division to Toronto’s Zemex (ZMX-T) for US$68 million.The Coeur d’Alene, Idaho-based miner will use the proceeds to pay down b…

Placer Dome (PDG-T) is gearing up to explore the 40-sq.-km Madsen gold project in Red Lake, Ont.The major, which operates the nearby Campbell gold mine, can earn a 55% interest from Claude Resources (…

It has been a while, but gold lived up to its reputation as a safe haven during the Dec. 13-19 report period, as a weakening U.S. dollar prompted gold-buying overseas.The buying came amid the U.S. Fed…

DateDec. 19Dec. 18Dec. 15Dec. 14Dec. 13HighLowTSE 3008886.179008.639020.049069.389098.12…

Antimony: Mid-mkt US$1,350/t.Bismuth: Mid-mkt US$4.00/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$12.70-15.50/lb.Copper: Comex March US$0.8695/lb.Indium: …

Precious MetalsPrice (US$/oz.)ChangeGold$270.20+$0.25Silver$ 4.61-$0.04Platinum$603.00-$1…

BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateDec. 19Dec. 18Dec. 15Dec. 14Dec. 13Aluminium1602.50…

Denver — Mining investors focus on drill results, feasibility studies and rates of return to determine which securities to buy. However, mining companies must do more than play with numbers to ensure…

Based on results from a mini-bulk sample, the K252 kimberlite is the best yet of the 35 pipes so far discovered by Ashton Mining of Canada (ACA-T) in the Buffalo Hills area of north-central Alberta.A …

Richmont Mines (RIC-T) has received heartening results from bulk sampling at the Hammerdown gold property in northwestern Newfoundland.Between July and September, Richmont extracted 19,300 tons gradin…

America Mineral Fields (AMZ-T) reports that Zinc Corp. of South Africa (Zincor) intends to exercise its option at the dormant Kipushi zinc-copper mine in the Democratic Republic of Congo.Under an agre…

43.52 (-3.2)(Sept. 30/98 = 100)…