Stillwater secures funding
Stillwater Mining (SWC-X) has raised US$175 million to finance an expansion of its namesake platinum-palladium operation in southwestern Montana.The funding consists of a US$125-million term loan and …
Articles by Northern Miner Staff
TSE INDICES (March 22, 1999)
1999–DateMar. 16Mar. 15Mar. 12Mar. 11Mar. 10HighLow…
Careers (March 22, 1999)
LAURENTIAN UNIVERSITY and MIRARCOLaurentian University is located in Sudbury, at the heart of Ontario’s hard-rock mining industry. Laurentian is undertaking a major initiative to build on and strength…
OVERSEAS QUOTES (March 22, 1999)
Close: Tuesday March 16, 1999SOUTH AFRICA (SA Rand)VolumeCloseAnglovaal Mg290,00024.40Avgol…
LME WAREHOUSE LEVELS (March 22, 1999)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Mar.16/99 (change from Mar. 9 in brackets):MetalStocks (tonnes)Change…
NEWS ROUNDUP — First Labrador drilling Ming’s Bight
A drill program by First Labrador Acquisitions (FLI-A) is testing the Ming’s Bight property on Newfoundland’s Baie Verte Peninsula.The work program is aimed at testing the gold and base metal potentia…
AG cuts high grades
Red-hot junior Argentina Gold (ARP-V) has released still more encouraging results from its aggressive drilling campaign at the Veladero project in northwestern Argentina.Reverse-circulation drilling a…
Companies (March 22, 1999)
Aber ResourcesAlcan AluminumAnglo AmericanAnglogoldArgentina GoldBarrick GoldBattle Mountain GoldBillitonBroken Hill ProprietaryCambiorCancor MinesClaude ResourcesEuro-Nevada MiningFalconbridgeFarallo…
The Northern Miner — North American Mining Index (March 22, 1999)
88.80 (+0.08)(Sept. 30/98 = 100)…
Kennecott finds NWT pipe
Kennecott Canada Exploration has found a new kimberlite pipe on a block of ground contiguous with the southern boundary of the Ekati diamond mine in the Northwest Territories.The kimberlite, dubbed EG…
Juina produces diamonds
Juina Mining (GEMM-O) has started producing alluvial diamonds at its namesake operation in southwestern Brazil, with buyers already lined up for initial shipments.The company holds mining rights to 2,…
Homestake bids for Argentina Gold — American miner to continue due diligence until deal closes
David Copperfield, take a seat. Lucas Lundin, director of Argentina Gold (ARP-V), has pulled off a feat that has surprised many.After urging shareholders to reject Barrick Gold’s (ABX-T) failed $5-per…