GREATEST VALUE TRADED (August 23, 1999)
August 11-17, 1999CompanyExchgValue($000s)HighLowCloseChangeReyn…
Articles by Northern Miner Staff
Low gold prices take toll on Glamis
Low gold prices caused Glamis Gold (GLG-N) to rack up a US$2.7-million loss in the recent second quarter (or 3 cents per share), compared with a loss of US$131,000 (nil per share) in the corresponding…
Dayton tables quarterly loss
Record production at the Andacollo gold mine in Chile was not enough to prevent Dayton Mining (DAY-T) from incurring a loss in the second quarter.The company lost US$433,000 on revenue of US$10.2 mill…
Anglo American buys into Aussie nickel miner
Having advanced its Murrin Murrin nickel-cobalt mine and refinery to the commissioning stage, Australian-listed Anaconda Nickel is receiving a second vote of confidence from a foreign nickel producer….
NAME CHANGE (August 16, 1999)
Britannia Gold (BGP-V) has changed its name to Britannia Minerals (BM-V) on a 1-new-for-7-old-share basis.
Three aluminum giants enter into merger
In the biggest cosolidation move yet in the international aluminum industry, Alcan (AL-T) is taking the lead in a merger with two large European aluminum producers.The Montreal-based company announced…
Maracote dumps Halley
Following lacklustre drill results, Maracote International Resources (MCE-V) has dropped its option to acquire an interest in the Halley gold-silver property in south-central Peru.Assay results from t…
EDITORIAL & OPINION — A one-of-a-kind alluvial deposit? — Mining for miracles
A century ago, the poet Robert Service observed that there are “strange things done in the midnight sun by the men who moil for gold.” Had he met the boys from Busang, he could have added a few new st…
GOLD FUNDS (August 16, 1999)
Gold Funds as of August 5, 1999BGRCentralNet Value$13.215.63Price$8.80$5.
METAL PRICES (August 16, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateAug. 10Aug. 9Aug. 6Aug. 5…
PEOPLE — Weymin
Gerald Carlson appointed director.
PEOPLE — Titan Pacific
Harvey Ramstead appointed president and director.