Maya, Billiton in Honduras
Maya Gold (MAY-A) and the Canadian subsidiary of London-based Billiton will explore for the yellow metal on the Triunfo concession in southern Honduras.To acquire an option on the property, Billiton h…
Articles by Northern Miner Staff
Index (August 16, 1999)
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Placer reports solid quarter, continues cost-cutting efforts
North America’s third-largest gold mining company turned a profit in the second quarter, demonstrating an ability to adapt to lower gold prices by increasing efficiency and maintaining solid hedging p…
Homestake makes $100,000
Higher production pushed Homestake Mining (HM-N) into the black during the second quarter of 1999, despite poor gold prices.The company earned US$100,000 in the 3-month period, compared with a loss of…
NA Palladium ups Lac des les resource
The world’s largest open-pit palladium deposit, and Canada’s only primary producer of the metal, just got bigger.The Lac des les mine of North American Palladium (PDL-T) is situated near Thunder Bay,…
Afriore, Iamgold to test for gold
Afriore (AFO-V) and Iamgold (IMG-T) have signed a tentative joint agreement to test an area in South Africa with the potential to host extensive Witwatersrand-type gold mineralization.The area contain…
PEOPLE — Summo
Frank Wheatley, James McClements and Gordon Bogden appointed directors.
PEOPLE — OroGrande (August 16, 1999)
G.E. (Tim) Wood appointed president and CEO.
PEOPLE — Gold Summit
Anthony Roodenburg appointed director.
PEOPLE — Corker (August 16, 1999)
Gordon Hoy appointed president, CEO and director; James Morrice appointed vp land; Bruce Gigg appointed vp engineering and development; Richard Rathier appointed vp exploration; A.E. Barroll, G.W. Phi…
SUPPLIERS NEWS ROUNDUP — BLM awards minerals educators
Golden, Colo.-based Mineral Information Institute (MII) has received an award from the U.S. government for its efforts to educate U.S. school children about mining and minerals.The Excellence in Educa…
SPOT PRICES (August 16, 1999)
Precious MetalsPrice (US$/oz.)ChangeGold$256.90-$0.60Silver$ 5.34+$0.14…