INSIDER TRADING — Stillwater execs boost stake
Recent insider trading transactions reported by the U.S. Securities and Exchange Commission include the following:Stillwater Mining (SWC-X) — John Andrews, president, exercised 33,571 options at US$3…
Articles by Northern Miner Staff
Tarkwa wipes US$75m debt
Gold Fields (GDFDY-O) and Golden Knight Resources (GKR-T) have eliminated US$75 million in debt related to the construction of the Tarkwa gold mine in southwestern Ghana.The South African major, which…
TSE SHORTS (March 29, 1999)
Short positions outstanding at March 15, 1999Larger individual positions include:Abaddon Resources 120,000, up 120,000; Abitibi Consolidated 493,000, down 170,811; Alcan Aluminium 630,336; Barrick Gol…
METAL PRICES (March 29, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateMar. 23Mar. 22Mar. 19Mar. 18…
TSE INDICES (March 29, 1999)
1999Mar. 23Mar. 22Mar. 19Mar. 18Mar. 17HighLowCom…
EDITORIAL & OPINION – COMMENTARY — Robotics transforming mining
During the 20th century, the Canadian mining industry earned a global reputation as a leader in the development of advanced technology. Today, many of the technological innovations that were conceived…
Australian geology subject of tour
With a focus on Australia’s diverse geology, two field trips will make stops at 16 of the continent’s precious and base metals mines.Sponsored by the Australian Minerals Foundation (AMF), the tour, en…
East Bull Lake yields more PGE for Mustang
Junior Mustang Gold (MMIN-C) has discovered more platinum group elements in the East Bull Lake intrusion, 80 km west of Sudbury, Ont.The Toronto-based company resampled a hole that was drilled in the …
Redaurum shareholders approve takeover
Shareholders have approved a revised agreement for a business combination between Redaurum (RRK-T) and a private company.The revised merger agreement — effectively a reverse takeover of Redaurum — w…
Geomaque discovers new zone on San Francisco
Following a record year of output, Geomaque Explorations (GEO-T) has discovered a new zone of near-surface gold mineralization just west of its San Francisco mine in Mexico’s Sonora state.Results are …
SPOT PRICES (March 29, 1999)
Precious MetalsPrice (US)ChangeGold$284.25+$0.35Silver$ 5.10+$0.06…
SUPPLIERS NEWS ROUNDUP — Haulage firm buys into Nunavut company
Transport firm Braden-Burry Expediting is set to buy a 35% interest in Nunavut-based Peter’s Expediting.Northwest Territories-based Braden-Burry will pay owner Stewart Holdings $87,500 for its interes…