NWMA opposes amendments
The Northwest Mining Association (NWMA) is urging U.S. mining companies to oppose recommended changes to regulations governing hardrock mining on lands managed by the Bureau of Land Management (BLM).T…
Articles by Northern Miner Staff
MINING MARKET & INVESTMENT NEWS — TSE Short Positions
Short positions outstanding at March 31, 1999Larger individual positions include:Abitibi-Consolidated 956,778, up 463,778; Alcan Aluminium 845,904, up 215,568; American Gem 111,065, up 111,065; Anders…
LETTER TO THE EDITOR — Ontario’s ‘Living Legacy’ bolsters certainty
At the same time that the provincial government released “Living Legacy,” the Ministry of Northern Development and Mines also released its “Commitments to the Minerals Industry.” Leaders in the minera…
MINING MARKET & INVESTMENT NEWS — EASTERN MARKETS — Kinross solidifies producer status with True North
Gold prices showed some strength during the April 7-13 report period, rising $3.60 to US$283.85 per oz. on the London morning fix of April 14.Gold’s rise buoyed Canada’s two biggest producers, with Ba…
PEOPLE — Golden Gate Resources
Phil Lawry appointed director.
PEOPLE — Fairmile Gold
Michael Raftery appointed director.
MOST ACTIVE ISSUES, April 7-13
ExchgVol(000s)HighLowCloseChangeAmerican GemT1308…
PRODUCER & DEALER PRICES (April 19, 1999)
Antimony: Representative mid-market US$1,285 per tonne (April 13/99).Bismuth: Representative mid-market US$3.25 per lb. (April 13/99).Cadmium: Representative mid-market US$0.23 per lb. (April 13/99).C…
MINING MARKET & INVESTMENT NEWS — WESTERN MARKETS — Polymet, AG among gainers on buoyant VSE
The Vancouver Stock Exchange composite index rose 3.36 points, or 0.8%, to finish the week ended April 13 at 429.85. The mining index lost 3.55 points, or 1.16%, and closed at 302.74.Meanwhile, the co…
Breakwater in red despite production gains
Low metal prices and operational problems kept Breakwater Resources (BWR-T) in the red during 1998, despite increases in both zinc and lead production.With property writedowns totalling $32.4 million,…
EDITORIAL & OPINION — FACTS ‘N’ FIGURES — Gold industry transforms
The years 1997 and 1998 were trying times for the U.S. gold industry. Gold prices fell to an 18-year low and were clearly the driving force behind changes in the industry. This price decline spurred e…
EDITORIAL & OPINION — Mines are where you find them — Apples and oranges
Not everyone agrees that the “Living Legacy” initiative is good news for northern Ontario’s multi-billion-dollar exploration and mining industry, despite the positive spin placed on the land-planning …