Romarco complaint dismissed
A legal complaint filed against Romarco Minerals (R-T), President Joseph van Bastelaar and various other parties has been dismissed.Filed in Utah late last year by the estate of Henry Austin Belnap, t…
Articles by Northern Miner Staff
Don Indio keeps Stratabound optimistic
Junior Stratabound Minerals (SB-A) has received heartening results from preliminary exploration at its Don Indio polymetallic property in Mexico’s Coahuila state.Don Indio is the smallest of three clo…
Facts ‘n’ Figures — Low stainless demand hits nickel
World consumption of nickel in 1998 is estimated to have fallen to 1 million tonnes from a total of 1.01 million tonnes in the previous year. The decline was the result of decreased demand in stainles…
PRODUCER & DEALER PRICES (March 22, 1999)
Antimony: Representative mid-market US$1,350 per tonne (Mar. 16/99).Bismuth: Representative mid-market US$3.25 per lb. (Mar. 16/99).Cadmium: Representative mid-market US$0.24 per lb. (Mar. 16/99).Chro…
GREATES VALUE TRADED, March 10-16
ExchgVal ($000s)HighLowCloseChangeBarrick GoldT55…
Mountain Lake digs Klipgat gravels
Alluvial diamond mining has begun at the Klipgat 18 concession in South Africa.Mountain Lake Resources (MOA-V) reports that its privately owned partner recovered four stones in February from just over…
U.S. MARKETS — Dow soars as gold falls
The Dow Jones industrial average climbed 236.71 points, or 2.4%, during the report period ended March 16, briefly touching 10,000, before closing at 9930.47 points.However, it was bad news for miners …
Pangea, Rio Tinto hit values in Peru
Drilling by the exploration arm of Rio Tinto (RTP-N) has intersected copper-gold-silver mineralization at the Pukaqaqa property in Peru, a joint venture with Toronto-based Pangea Goldfields (PGD-T).Th…
Index (March 22, 1999)
CareersClassifiedCommentaryDiamond PageEditorialFacts’n’FiguresLetter to the EditorMetal PricesMining Markets & Investment NewsNews RoundupStock Market…
Redstar to gain Yukon ground
A preliminary option agreement sets the stage for Redstar Resources (RST-V) to acquire the Clear Creek property in the Yukon’s Dawson mining district.To exercise the option, Redstar must spend $1.25 m…
Claude sets production record — Earnings steady but writedowns hurt profit figures
A record year for production at the Seabee gold mine in northern Saskatchewan ensured an operating profit for Claude Resources (CRJ-T) in 1998, but writedowns taken on assets meant earnings were lower…
Winspear, Aber disagree at Camsell Lake
A dispute has arisen between Winspear Resources (WSP-V) and Aber Resources (ABZ-T), partners at the Camsell Lake diamond project in the Northwest Territories.The quarrel centres on Aber’s participatio…