Twin Gold finds diamonds in Ungava
Toronto-based Twin Gold (TWG-T) has discovered diamonds in samples from a dyke in the Torngat Mountains, east of Ungava Bay in northwestern Quebec.Five samples, totalling 212.2 kg, contained 112 diamo…
Articles by Northern Miner Staff
Index (October 25, 1999)
CareersClassifiedCommentaryDrillersEditorialInsider TradingInvestment CommentaryLetter to the EditorMetal PricesOdds’n’SodsPeopleProfessional DirectoyStock MarketSubscription Services…
TSE INDICES (October 25, 1999)
1999Oct. 19Oct. 18Oct. 15Oct. 14Oct. 13HighLowCom…
SPOT PRICES (October 25, 1999)
Precious MetalsPrice (US$/oz.)ChangeGold$309.75-$10.75Silver$ 5.24-$0.31…
INSIDER TRADING — Barrick, Black Hawk executives sell shares
Recent insider trading transactions reported by the Ontario Securities Commission include the following:Barrick Gold (ABX-T) — Michael Brown, officer, exercised 10,000 options at $22.55 and sold thos…
LME WHSE LEVELS (October 25, 1999)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Oct. 19/99 (change from Oct. 12 in brackets):MetalStock(tonnes)Change…
THE NORTHERN MINER — North American Mining Index (October 25, 1999)
100.01 (-1.48)
THE NORTHERN MINER — Small Producers Index (October 25, 1999)
67.67 (-4.77)
INVESTMENT COMMENTARY — Aber shareholders in wait-and-see mode
The appointment of David Anderson as Canada’s minister of the environment has sent a wave of nervousness through the country’s fledgling diamond mining sector. In the past, Anderson has been a protest…
Madison ups Mt. Kare stake
Madison Enterprises (MNP-V) has acquired an additional 25% indirect interest in the Mt. Kare gold-silver project from Australian-based Carpenter Pacific Resources.Under the deal, Madison will gain all…
Manhattan raises $27.5m
Manhattan Minerals (MAN-T) has closed a $27.5 million equity financing.A syndicate of underwriters sold 5.5 million shares at $5 each. Proceeds are earmarked for a second phase of exploration and dril…
PEOPLE — Allican
Gerard Potvin appointed director.