Dynatec in black despite slowdown
Contract miner Dynatec (DY-T) reported net earnings of $700,000 in the latest quarter ended Sept. 30, down from $3.1 million a year earlier.The company has three divisions: mining services, drilling s…
Articles by Northern Miner Staff
GOLD FUNDS (November 23, 1998)
Gold Funds as of November 12, 1998BGRCentralNet Value$14.536.05Price$10.60…
MINING MARKETS & INVESTMENT NEWS — INSIDER TRADING — AfriOre, Black Hawk execs active
Recent insider trading transactions reported by the Ontario Securities Commission in its OSC Bulletin include the following:AfriOre (AFO-V) — Thomas DiGiacomo, director, transferred 80,000 shares fro…
THE NORTHERN MINER — SMALL PRODUCERS INDEX (November 23, 1998)
100.13 (+2.07)(Sept 30/98 = 100)…
MINING MARKETS & INVESTMENT NEWS — INVESTMENT COMMENTARY — Mining analysts seek sure bets in tough market
Mining companies are being battered left and right by low commodity prices and investor apathy, with junior companies bearing the brunt of the frontal assault. That might explain why only two companie…
MINING MARKETS & INVESTMENT NEWS — Allican funds project
Montreal-based Allican Resources (ALI-M) has raised $1.2 million for studies related to a ferrochrome production project in Thetford Mines, Que.The funds were raised from various sources. The company …
MINING MARKETS & INVESTMENT NEWS — NAME CHANGE (November 23, 1998)
Holt International Investments (HLT-V) has changed its name to Argent Resources (AOU-V).
LETTER TO THE EDITOR — Drill spacing imperative for accuracy
In the mid- to late-1980s, my apprenticeship as a geologist at the Dome and Paymaster gold mines, and more recent exploration work in the Hoyle Pond belt of the Timmins-Porcupine camp, afforded me the…
OBITUARIES — Colin Coats
Colin Coats, a former chief geologist with Falconbridge, has died of cancer.Born in Scotland, Coats obtained a degree at the University of Edinburgh before emigrating to Canada to complete his educati…
CIM steps back to golden era
The Klondike gold rush of 1898 will be discussed at the next luncheon of the Vancouver branch of the Canadian Institute of Mining, Metallurgy and Petroleum, to be held Nov. 29 at 12 noon at the Stanle…
SUPPLIERS NEWS ROUNDUP — Atlas Copco acquires JKS Boyles
JKS Boyles International, a manufacturer of underground and surface diamond drill equipment, has been acquired by Stockholm-based Atlas Copco.JKS Boyles now belongs to the Atlas Copco Craelius stable …
SUPPLIERS NEWS ROUNDUP — Lakefield opens first African lab
Lakefield Research has opened a commercial mineral testing laboratory in Johannesburg, South Africa.The facility was purchased from Johannesburg-based Gold Fields Mining & Development in a deal design…