The Northern Miner Small Producers Index (March 01, 1999)
81.73 (+1.84)(Sept. 30/98 = 100)…
Articles by Northern Miner Staff
SPOT PRICES (March 01, 1999)
February 24, 1999Courtesy of ScotiabankPrecious MetalsPrice (US)ChangeGold*$286.10+ $0.75S…
GOLD FUNDS (March 01, 1999)
Gold Funds as of February 18, 1999BGRCentralNet Value$13.825.93Price$9.25…
MOST ACTIVE ISSUES, Feb. 17-23
ExchgVol(000s)HighLowCloseChangeSutton ResT9933…
EXCHANGE RATES (March 01, 1999)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateFeb. 23Feb. 22Feb. 19Feb. 18Feb. 17…
Homestake posts profit for quarter — Gain reflects year-long restructuring plan
Benefiting from an overhaul, Homestake Mining (HM-N) reported earnings of US$1.4 million (or 1 cents per share) for the fourth quarter of 1998, compared with a loss of US$58.4 million (28 cents per sh…
Valerie to drill Estrella property
Junior Valerie Gold Resources (VLG-V) is about to begin diamond drilling at its 16,866-ha Estrella property in the western Mexican state of Nayarit.The 2,500-metre program will test the grade, depth p…
Major drills Murgor’s ground
Another round of drilling by Battle Mountain Gold (BMG-N) will test Murgor Resources’ (MUG-M) Mishi Creek gold property in the Mishibishu area of northwestern Ontario.The 1999 program, scheduled to be…
Boards OK merger of Repadre with Golden Knight
The terms of a proposed merger between Repadre Capital (RPD-T) and Golden Knight Resources (GKR-T) are fair to the minority shareholders of Golden Knight, according to study by investment banking firm…
NEWS ROUNDUP — Scintilore gains ground in N.B.
Scintilore Explorations (SLP-T), best known for a longstanding lawsuit against two prospectors who staked the Hemlo gold discoveries, has staked some ground of its own, in New Brunswick.The Toronto-ba…
Mazarin posts modest loss
The building slowdown in Asia has hindered the bottom line of Mazarin Mining (MAZ-T). The diversified minerals producer holds an indirect stake in LAB Chyrsotile, which sells 65% of its Quebec asbesto…
Wheaton eyes George Lake
The George Lake gold project, near Bathurst Inlet, N.W.T., has caught the eye of Wheaton River Minerals (WRM-T).The Toronto-based junior recently bought another 5.4 million shares in project-owner Kit…