Mining stocks slumber through Christmas period
While the world’s stock markets were generally red hot in the last few weeks of 1999, most mining stocks on the Toronto and Montreal exchanges showed little movement over the holiday-shortened period …
Articles by Northern Miner Staff
Winspear, Inca Pacific among gainers on CDNX
During the holiday-shortened report period ended Dec. 28, the Canadian Venture Exchange added 57.38 points to close up 2.6% at 2,226.09.Winspear Resources was up 9 at $2.24. The company has been gran…
Looking back
The past year was not one of the better ones for the North American industry, one reason being this continent’s love affair with technology ventures, which have sucked up billions of speculative dolla…
GREATEST VALUE TRADED, DEC. 15-21
Val($000s)HighLowCloseChangeAlcoa*N 839180 80.88 74.50 76.06 + 1.37…
METAL PRICES (December 27, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateDec. 21Dec. 20Dec. 17Dec. 16…
Resource stocks climb on backs of stronger Metal Prices
Ending three consecutive weeks of losses, gold jumped $7.15 during the Dec. 15-21 report period to land at a London morning fix of US$287 per oz. on Dec. 22. The yellow metal had been suffering a bout…
Laguna expands holdings
Laguna Gold (LGC-T) will issue 35 million shares and 4.9 million 3-year share purchase warrants (priced at US4 each) to acquire 2,550 sq. km in Mexico from Monrovia and 6,270 sq. km in Colombia from …
Due diligence under way at Canatuan
TVI Pacific (TVI-T) has completed a 5-hole drill program at its Canatuan polymetallic project in the Philippines.The best results from the recent program were obtained from hole 1, which returned 8.5 …
Teck eyes Potter mine property
A letter agreement with Millstream Mines (mlsm-c) sets the stage for diversifed producer Teck (tek-t) to acquire all or part of the Potter polymetallic property, near Timmins, Ont.Teck has agreed to p…
EVENTS (December 27, 1999)
Jan. 25-28 B.C. & Yukon Chamber of Mines — “Cordilleran Geology and Exploration Roundup.” Hotel Vancouver, Vancouver, B.C. Tel: (604) 681 5328.Feb. 8-10 Int’l Investment Conferences — “Investing in …
World Wide acquires Dafang prospect
Libra Gold, the exploration subsidiary of World Wide Minerals (WWSS-C), has acquired Princess Resources’ (PRL-V) 51% interest in the Dafang gold-silver project in China’s Hunan province.World Wide’s C…
Converse drill results mixed
Drilling at the Converse gold project in Nevada has returned lacklustre results for Cameco (CCJ-T) and Romarco Minerals (R-T).At Converse, the companies, together with 50% joint-venture partner Newmon…