COMMENTARY – The cause of gold’s demise
Prominent Wall Street firms, influential news columnists and central bankers have been slamming gold as dead, a relic of the past, a stupid investment, and worse. In recent weeks, long-standing expect…
Articles by Northern Miner Staff
Pelangio, Franco size up Detour Lake
Junior Pelangio-Larder Mines (PLLM-C) and joint-venture partner Franco-Nevada Mining (FN-T) have released a 1.8-million-oz. resource estimate for their Detour Lake gold project, north of Timmins, Ont….
Viceroy buys gold mine Down Under
Viceroy Resource (VOY-T) is acquiring the Bounty gold mine and related tenements in Australia from Forrestania Gold, a wholly owned subsidiary of Toronto-based LionOre Mining International (LIM-T).The…
Grades still consistent at Red Lake
Delineation drilling at the Red Lake mine in northwestern Ontario continues to confirm the grades and widths measured in earlier drilling.Goldcorp (G-T) has been delineating mineralization below the m…
Rio Narcea reports mixed quarter
Despite record production and lower cash costs at its El Valle gold mine in northern Spain, Rio Narcea Gold Mines (RNG-T) posted a net loss in the second quarter.The company lost US$674,500 on revenue…
Aquest hits more gold at Anabella
Junior Aquest Minerals (AQU-V) has intersected additional gold and antimony at its Anabella project in western Guatemala.The mineralization is hosted in fine-grained, disseminated arsenopyrite in argi…
Ontario court throws out Scintilore’s Hemlo suit
With several tart comments about the ethical conduct of its management, Mr. Justice Robert J. Sharpe of the Superior Court of Justice, Ontario, has dismissed the suit in which Scintilore Explorations …
Southwestern, Pasminco drill in Peru
Southwestern Gold’s (SWG-T) joint-venture partner, Pasminco, is ready to begin a third phase of drilling at the Accha zinc project in southern Peru.Previous work defined an indicated and inferred oxid…
Companies (August 23, 1999)
AfrioreAltius MineralsAntares Mining & ExplorationAquest MineralsAshanti GoldBarrick GoldBattle Mountain CanadaBattle Mountain GoldBolidenCampbell ResourcesCamphor VenturesComaplex MineralsCopper Hill…
MINING MARKETS & INVESTMENT NEWS — U.S. Markets — Aluminum dominates trading
The Dow Jones industrial average jumped 461.93 points, or 4.3%, during the report period ended Aug. 17 at 11,117.08, again climbing toward an all-time high.Aluminum took the spotlight as industry lead…
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Companies (August 16, 1999)
AfrioreAlcanAlcoaAlusuisse LonzaAnaconda NickelAnglo American PlatinumAnglo AmericanAnglogoldAquest MineralsArmada GoldAshanti GoldfieldsAtna ResourcesAur ResourcesAuric ResourcesBarrick …