SPOT PRICES, Wednesday August 4, 1999
Precious MetalsPrice (US$/oz.)ChangeGold$257.50+$3.50Silver$ 5.20+$0.05…
Articles by Northern Miner Staff
EDITORIAL & OPINION — FACTS ‘N’ FIGURES — Asian flu hits titanium markets
The past two years have seen the titanium minerals and titanium oxide pigment industries affected by significant consolidation among producers and end-users.A rash of acquisitions in the paint industr…
Battle Mountain reports mixed quarter
Although Battle Mountain Gold (BMG-N) achieved all of its production goals in the second quarter, weak gold prices prevented the Houston, Tex.-based miner from realizing a profit.The loss amounted to …
TSE INDICES (August 09, 1999)
1999Aug. 3Aug. 2Jul. 30Jul. 29Jul. 28HighLowCompo…
Greenstone in default
Having recently defaulted on debt payments, Greenstone Resources (GRE-T) is engaged in discussions with its bondholders and lenders aimed at recapitalizing the company and ensuring its ability to cont…
Canmine aims to acquire plant
The problem-plagued Cobatec hydrometallurgical plant and refinery near Cobalt, Ont., is about to change hands.Canmine Resources (CMR-T) plans to buy the cobalt-nickel processing plant for $6.1 million…
Cominco frustrated by closure of Highland Valley
The doors of the Highland Valley copper mine in southern British Columbia remain closed, following an unsuccessful attempt by the owners to reach an agreement with unionized workers.Highland Valley Co…
Hebron Fjord to resume work in Peru
Armed with $600,000 from a recent financing, Hebron Fjord Resources (HEF-M) plans to resume drilling at its Torrecillas gold-copper property in southern Peru.Late last year, the company drilled four h…
GREATEST VALUE TRADED, July 28-Aug 3
ExchgVal($000s)HighLowCloseChangeAlcoa*N264815…
Bema tables new production estimate for Refugio
Improved mining methods and new processing equipment will boost gold production at the Refugio gold mine by 30,000 oz. per year, according to new estimates by equal partners Bema Gold (BGO-T) and Kinr…
Cancor tests Gemini project
Junior Cancor Mines (KCR-M) has identified two additional drill targets at its Gemini base metal project in northwestern Quebec.Two massive sulphide lenses rich in zinc and copper have been defined. T…
Triex resumes Minnitaki drilling
The discovery of gold anomalies has induced Triex Resources (TIE-V) to carry out a 10-hole, 1,500-metre drill program at its Minnitaki property in the Sioux Lookout region of northwestern Ontario.Seve…