SPOT PRICES, Wed. May 26, 1999
Precious MetalsPrice (US)ChangeGold$271.70-$1.15Silver$ 5.05-$0.24…
Articles by Northern Miner Staff
THE NORTHERN MINER — North American Mining Index (May 31, 1999)
90.45 (-6.05)
INVESTMENT COMMENTARY — Stillwater’s long-term prospects rosy: analyst
With palladium continuing to outperform many other commodities and showing positive supply-demand fundamentals, Stillwater Mining (SWC-X) is well-positioned for growth, says Wendell Zerb of Pacific In…
PEOPLE — Asarco
Francis McAllister appointed chairman and CEO; Kevin Morano appointed president, COO and director; William Dowd appointed vp finance and CFO; Richard Osborne, Michael Nelligan, Manuel Pacheco and Jame…
PEOPLE — Kolyma Goldfields
Daniel Matthews appointed president; Michael Stannard appointed director.
EDITORIAL & OPINION — Back-door victory — Congress saves Crown Jewel
The U.S. Congress recently used its considerable weight to overturn a bizarre technicality that had sidelined the plan of operations for the Crown Jewel gold project in the Okanagon Highlands of Washi…
NEWS ROUNDUP — Ontex to begin exploring Brookbank
A first-phase drill program by Ontex Resources (ONT-A) is testing the 29,000-acre Beardmore-Geraldton property, northeast of Thunder Bay, Ont.The property hosts the Brookbank deposit, which at last re…
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…
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 — 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…
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 …
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…