Burkina Faso lures majors, juniors alike
A 3-day mining conference held recently in Burkina Faso provided ample proof that interest in the West African nation’s mineral potential is on the rise.Titled “Promin 98,” the event attracted 500 att…
Articles by Northern Miner Staff
EDITORIAL & OPINION — NEW HORIZONS — Auto-makers turn to magnesium
Magnesium, one of the lightest and most commonly used structural metals, is fast becoming a popular choice for manufacturing in the automobile industry. It soon may be even more popular than steel.Mag…
MINING MARKETS & INVESTMENT NEWS – INVESTMENT COMMENTARY — Yamama gets nod for aggressive work in Argentina
Argentina is an exploration hot spot, with a growing number of companies searching for gold and copper-gold mineralization, as well as less traditional types of deposits.Among the more established com…
THE NORTHERN MINER – NORTH AMERICAN MINING INDEX (December 07, 1998)
102.23 (-6.97)(Sept. 30/98 = 100)…
SPOT PRICES (December 07, 1998)
Wednesday December 2, 1998Price (US)Week’s ChangeGold*$293.90-$2.30Silver*$ 4.88…
PRODUCER & DEALER PRICES (December 07, 1998)
Aluminium: LME settlements US$1,300, alloy US$1,080 per tonne (Dec. 1/98).Antimony: Representative mid-market US$1,295 per tonne (Dec. 1/98).Bismuth: Representative mid-market US$3.20 per lb. (Dec. 1/…
MINING MARKETS & INVESTMENT NEWS — Pursuit writes down properties, shifts focus
It once held one of Kalimantan’s largest land positions, most of which was acquired during the height of the Busang-fueled gold exploration boom. But that boom has gone bust, prompting International P…
METAL PRICES (December 07, 1998)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateDec. 1Nov. 30Nov. 27Nov. 26…
GOLD FUNDS (December 07, 1998)
Gold Funds as of November 26, 1998BGRCentralNet Value$14.275.96Price$10.50…
Prime accepts Homestake offer
Shareholders of Prime Resources Group (PRU-T) have accepted Homestake Mining’s (HM-N) offer to acquire the 49.9% of Prime it does not already own.Homestake Chairman Jack Thompson says the transaction …
TSE INDICES (December 07, 1998)
1998Dec. 1Nov. 30Nov. 27Nov. 26Nov. 25HighLowComp…
Aurizon finds more gold (December 07, 1998)
Aurizon Mines (ARZ-T) continues to hit long gold intersections in the West Mine zone of the Casa Berardi mine in northwestern Quebec.Surface holes have intersected a gold-bearing zone at a depth of 60…