Cost-cutting adds strength to Eldorado
Rigorous cost-cutting enabled Eldorado Gold (ELD-T) to triumph over production shortfalls in the recent fourth.During the 3-month period ended Dec. 31, 1998, Eldorado produced 39,932 oz. gold, compare…
Articles by Northern Miner Staff
Writedowns lead to loss for Teck — Carosue Dam targeted for feasibility; Antamina contracts awarded
Despite having taken some significant writedowns in junior companies during the past few years, Teck (TEK-T) hasn’t shied away from its longstanding practice of investing in juniors with promising exp…
MINING MARKETS & INVESTMENT NEWS – WESTERN MARKETS — Hyperion, New Indigo bright spots on dull market
The Vancouver Stock Exchange composite index dropped 5.01 points, or 1.2%, to finish the week ended Feb. 9 at 414.21. The mining index slipped below the 300 mark, losing 8.25 points, or 2.7%, to close…
MINING MARKETS & INVESTMENT NEWS – Trelleborg to divest Boliden
Swedish industrial conglomerate Trelleborg plans to divest its holding in its one-time subsidiary, Boliden (BOL-T), by distributing Boliden shares as a dividend to its shareholders.Trelleborg, which i…
EDITORIAL & OPINION — NEW HORIZONS — Lasers simplify hallmarking
For more than two years, the Birmingham Assay Office investigated the possible application of laser technology in the marking of jewelry and similar products. This marking process is called hallmarkin…
Partners brighten Glimmer mine
Partners Exall Resources (EXL-T) and Glimmer Resources (GME-V) are continuing development efforts at their producing Glimmer gold mine near Matheson, Ont.This year’s programs will include 35,000 metre…
Cominco amends deal with Solitario
Solitario Resources (SLR-T) has revised its joint-venture agreement with Cominco Ltd. (CLT-T), greatly expanding the size of the Bongara zinc project in northern Peru.Cominco will concede 151,800 ha o…
General Minerals adds to potential in Chile
Results from four more holes indicate potential for the discovery of a large-scale porphyry copper-gold-molybdenum deposit at the Escalones project in central Chile.General Minerals (GNM-T) reports th…
Companies (February 15, 1999)
Akrokeri-Ashanti Gold MinesAllied ResourcesArgentina GoldAscot ResourcesAtna ResourcesAur ResourcesBarrick GoldBattle Mountain GoldBema GoldBillitonBolidenBreakwater ResourcesCampbell Reso…
GOLD FUNDS (February 15, 1999)
Gold Funds as of February 4, 1999BGRCentralNet Value$13.936.06Price$9.40$…
PEOPLE — Newmont Mining (February 15, 1999)
Robert Miller, James Taranik and Robert Quenon appointed directors.
Meetings (February 15, 1999)
Feb. 15, ABX Feb. 15, Messina Feb. 15, Scandia Feb. 15, Wheat Hills Feb. 16, Coleville Feb. 16, Montoro Feb. 17, New Nadina Feb. 18, Gold Gate Feb. 18, Grayd Feb. 18, Mishibishu Feb. 18, MT Tom Feb. 1…