LME WHSE LEVELS (May 03, 1999)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at April 27/99 (change from April 20 in brackets):MetalStocks(tonnes)Change…
Articles by Northern Miner Staff
EDITORIAL & OPINION — Crown Jewel owners vow to fight back — Blind as a Babbitt
With an election imminent in the United States, miners and other resource developers south of the 49th Parallel are hoping the winds of change will be strong enough to blow their long-time nemesis, In…
GREATEST VALUE TRADED, April 21-27
ExchgVal($000s)HighLowCloseChangePlacer DomeT2481…
UBC research centre to receive geologist’s life’s work on diamonds — New library will cater to researchers, industry
The University of British Columbia will become a diamond hunter’s best friend following the donation by a Toronto geologist of decades of research papers related to the sought-after stone.Patricia She…
SPOT PRICES, April 28, 1999
Precious MetalsPrice (US)ChangeGold$282.80-$1.10Silver$ 5.21+$0.09…
Nuinsco sees widely disseminated sulphides at Lac Rocher
The release of new drill results from the Lac Rocher property in northwestern Quebec seems to have disappointed the market less this time around. Shares in property holder Nuinsco Resources (NWI-T) we…
Careers (May 03, 1999)
BetzDearborn, A Division of Hercules Incorporated, is the world’s premier supplier of advanced engineered chemical treatment programs for water, waste water and process systems for industrial, commerc…
PRODUCER & DEALER PRICES (May 03, 1999)
Antimony: Representative mid-market US$1,235 per tonne (April 27/99).Bismuth: Representative mid-market US$3.55 per lb. (April 27/99).Cadmium: Representative mid-market US$0.23 per lb. (April 27/99).C…
Teck sells $125m in convertible debentures
Teck (TEK-T) has entered into a private placement underwriting agreement with TD Securities and Griffiths McBurney & Partners allowing for the sale of $125 million in adjustable-rate, 25-year debentur…
HMINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Markets react to TVX-Normandy deal
The biggest story of the April 21-27 report period was the new partnership between Australia’s largest gold producer, Normandy Mining, and chronic underperformer TVX Gold.In a complex deal, Normandy i…
Resolute buys out Ashanti’s stake at Golden Pride
Australian-based Resolute will pay US$40 million for the remaining half-interest in the Golden Pride mine that it does not already own. The half-interest in the Tanzanian mine is currently held by Ash…
PEOPLE — Riverdance (May 03, 1999)
Dusan Berka, Frank Lang, James Bryce, Vladimir Horvath and Walter Brenner appointed directors.