GREATEST VALUE TRADED, May 19-25
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Articles by Northern Miner Staff
PRECIOUS METALS — Cost reporting a hot potato for gold producers
Special to The Northern MinerProduction cost has always been an important measure of the relative health of a gold producer. Now, as bullion prices flirt with 20-year lows, it has become a glaring ind…
PRECIOUS METALS — Geomaque extends La Chicharra
Ongoing drilling by Geomaque Explorations (GEO-T) has extended the La Chicharra zone at its producing San Francisco gold property in Sonora state, Mexico.La Chicharra lies just west of, and along stri…
PRODUCER & DEALER PRICES (May 31, 1999)
Antimony: Representative mid-market US$1,235 per tonne (May 18/99).Bismuth: Representative mid-market US$3.60 per lb. (May 18/99).Cadmium: Representative mid-market US$0.23 per lb. (May 18/99).Chromiu…
Great Basin funds work on Ivanhoe
Junior Great Basin Gold (GBG-V) has arranged, with Exploration Capital Partners, a private placement of 666,667 units priced at $1.50 each, for gross proceeds of $1 million.A unit will consist of one …
PRECIOUS METALS — Moydow goes public with Ghanaian gold assets
Dublin-based Moydow Mines International (MOY-T) is celebrating two recent events at its properties in Ghana: the successful startup of its first gold mine and the discovery of a promising new gold zon…
PRECIOUS METALS — Drilling expands Mt. Kare
Madison Enterprises (MNP-V) has tabled the results of 13 additional diamond drill holes at the Mt. Kare deposit in Papua New Guinea, expanding the resource model there.In November 1998, Watts Griffis …
PRECIOUS METALS — Starcore, ProAm still hot on Samuels Lake — Juniors join search for platinum group metals in Ontario
ProAm Explorations (PMX-V) and Starcore Resources (SOE-V) have released encouraging results from a second phase of drilling on their jointly held Samuels Lake intrusive complex, 56 km west of Atikokan…
Taseko poised to close deal for Gibraltar copper mine
Hunter-Dickinson-led Taseko Mines (TKO-V) has entered into an agreement with Boliden (BOL-T) to acquire the Gibraltar copper mine, near Williams Lake in central British Columbia.Gibraltar is a large-s…
Manhattan wins approvals
It was a long time coming, but Manhattan Minerals (MAN-T) has finally received all necessary government approvals to begin exploration on the Tambo Grande mining concessions in northern Peru.The Peruv…
Vengold tables loss, responds to criticism
Saddled with a US$115-million debt load and a first-quarter net loss of US$16.7 million, Vengold (VEN-T) found itself facing some criticism from shareholders at its annual meeting in Vancouver.Several…
NEWS ROUNDUP — IG ponders expansion in Myanmar
Singapore-based Indochina Goldfields (ING-T) is investigating the possibility of expanding the S&K copper mine in Myanmar.The company says it would cost US$7.5 million to boost production by about 40%…