SPOT PRICES, Wed. September 22, 1999
Precious MetalsPrice (US$/oz.)ChangeGold$262.60+$5.20Silver$ 5.26+$0.13…
Articles by Northern Miner Staff
NAME CHANGE (September 27, 1999)
Caesars Gold (CZA-V) has changed its name to Caesars Explorations (CZA-V) on a 1-new-for-2-old-share basis.
MINING MARKETS & INVESTMENT NEWS — U.S. MARKETS — Brit sale buoys gold
A weak U.S. dollar pushed the Dow Jones industrial average down 311.86 points, or 2.9%, for the report period ended Sept. 21.Spot gold, on the Comex division of the New York Mercantile Exchange, jumpe…
LME WHSE LEVELS (September 27, 1999)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept. 21/99 (change from Sept. 14 in brackets):MetalStock(tonnes)Change…
MINING MARKETS & INVESTMENT NEWS — NEWS ROUNDUP — Jaguar drills copper prospect
A drill program by International Jaguar Equities (JAG-V) is testing a copper-silver porphyry system at the Northwest copper prospect in the Taseko Lakes region, 200 km north of Vancouver, B.C.The 4-ho…
MINING MARKETS & INVESTMENT NEWS — JNR targets W Bear uranium
Vancouver-based JNR Resources (JNN-V) has started drilling at its West Bear property in northern Saskatchewan. The property is near the West Bear uranium deposit (124,000 tonnes grading 0.37% uranium)…
Abandoned mines get attention
Ontario’s Ministry of Northern Development and Mines has unveiled a $27-million program aimed at rehabilitating abandoned minesites throughout the province.Work will begin immediately on up to 30 open…
Kimberley to host conference
The historic city of Kimberley, South Africa, will host the World Diamond Conference Nov. 1-4.Nicky Oppenheimer, chairman of diamond mining giant De Beers Consolidated Mines, will present the opening …
New zone found near Caber, Caber North
Drilling has intersected a narrow zone of zinc-copper-silver massive sulphide mineralization in an untested area between the Caber and Caber North deposits near Matagami, Que.Noranda (NOR-T) can earn …
GOLD FUNDS (September 27, 1999)
Gold Funds as of September 16, 1999BGRCentralNet Value$13.135.37Price$8.95…
Standard Bank sponsors mining conference in Iran
The Standard Bank of London, England, is sponsoring the first Internationl Mines and Metals Investment Forum. The event, scheduled for Oct. 19-20, will be held in Tehran, Iran.The event, being organiz…
Year of the accountant — The numbers game
We called it the year of the gilded reptile, and for good reason. We still shudder looking back at 1997, the annus horribilus that brought us the Busang salting scandal and assorted lesser scandals. R…