THE NORTHERN MINER — Small Producers Index (April 12, 1999)
68.97 (+0.56)(Sept. 30/98 = 100)…
Articles by Northern Miner Staff
THE NORTHERN MINER — North American Mining Index (April 12, 1999)
84.55 (+1.1)(Sept. 30/98 = 100)…
MINING MARKETS & INVESTMENT NEWS — Unusual trading activity halts Zamora
An unexplained increase in the share price of Zamora Gold (ZMRA-C), which led to a brief trading halt on the Canadian Dealing Network last month, appears to have triggered renewed interest in the juni…
MINING MARKETS & INVESTMENT NEWS — Analysts see return to profitability for Inco
John Lydall and Robert Webb of First Marathon Securities believe that beleaguered nickel miner Inco (N-STT) is turning the corner with a strong cost-cutting effort at its worldwide operations.The Bay …
LME WHSE LEVELS (April 12, 1999)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at April 6/99 (change from Mar. 30 in brackets):MetalStocks(tonnes)Change…
COAL, URANIUM & OIL SANDS — Southern Peru funds expansion
A 15-year loan agreement with Mitsui of Japan will enable Southern Peru Copper (PCU-N) to expand its operations.The US$100-million deal is linked to a long-term contract to sell copper.Southern Peru i…
COAL, URANIUM & OIL SANDS — Juniors to merge
Queenstake Resources (QTR-T) and Santa Cruz Gold (scg-t) have agreed to merge.Queenstake brings to the table properties in Peru, Chile and Mexico plus $8 million in cash.In Peru, the company holds 130…
MOST ACTIVE ISSUES, Mar. 31-Apr. 6
ExchgVol(000s)HighLowCloseChangeAmericn GemT48242…
MINING MARKETS & INVESTMENT NEWS — U.S. MARKETS — Dow flirts with 10,000 again
The Dow Jones industrial average continues to toy with the 10,000 mark. In the report period ended Arpil 6, the Dow cleared the mark once, before falling back to finish the week up 50.23 points, or 0….
SPOT PRICES, March 24, 1999 (April 12, 1999)
Wednesday April 7, 1999Precious MetalsPrice (US)ChangeGold$280.25+$0.45Silver$ 4.9…
Mountain Lake secures water at Klipgat
Mountain Lake Resources (MOA-V) has drilled a well that has eliminated the need for water to be trucked into its Klipgat 18 alluvial diamond mine, now in production along the Mooi River in northeaster…
TSE INDICES (April 12, 1999)
1999Apr. 6Apr. 5Apr. 2Apr. 1Mar. 31HighLowComposi…