Articles by Northern Miner Staff

Strapped for cash and with now place left to turn, beleaguered Ashanti Goldfields (ASL-N) has agreed to share its prized Geita gold project in Tanzania in an attempt to raise US$100 million in a separ…

Few mining projects have had to carry as many social expectations as the Voisey’s Bay nickel-copper-cobalt project in Labrador. So heavy is the load that the project remains undeveloped, caught betwee…

Short positions outstanding at January 15, 2000Larger individual positions include:Abitibi-Consolidated 1,293,672 up 288,552; Alcan Aluminum 1,417,558 up 374,821; Barrick Gold 4,623,810, up…

Wednesday January 26, 2000Precious MetalsPrice (US$/oz.)ChangeGold$284.90-$3.85Silver$ 5.20+…

Gold Funds as of Jan. 20, 2000Dynamic MutualCentral FundNet Value$13.79$5.58Price$8.6…

86.67 (-7.81)(Sept. 30/98 = 100)…

60.28 (-0.69)(Sept. 30/98 = 100)…

Vista Gold (VGZ-X) intends to resume mining at its Hycroft gold property in northern Nevada following encouraging results from recent drilling.Results from the 10-hole program indicate that gold grade…

Val($000s)HighLowCloseChangeAlcoa*N 1039449 79.00 71.81 72.31 – 5.69…

Following the discovery of new showings, Cumberland Resources (CBD-T) has quadrupled the size of its Meadowbank gold property in Nunavut.In 1999, Cumberland took 480 samples (grab, chip and float) fro…

The tone for the Jan. 19-25 report period was set by gold, which sank US$3.85 over the week to US$284.90 per oz. on the London morning fix of Jan. 26.On Jan. 25, the Bank of England held another gold …

Golden Star Resources (GSR-X) expects to report an operating profit on the strength of production from its 70%-owned Bogoso mine in Ghana.In the fourth quarter of 1999, the mine produced 36,074 oz. go…