Companies (October 12, 1998)
Aber ResourcesAdmiral Bay ResourcesAlberta EnergyAnglo AmericanAscot ResourcesAshton Mining of CanadaAtapa MineralsAtna ResourcesBattle Mountain GoldBlack Hawk MiningBolidenBolivar GoldfieldsBreak…
Articles by Northern Miner Staff
METAL PRICES (October 12, 1998)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateOct. 6Oct. 5Oct. 2Oct. 1…
Summo to develop Lisbon Valley copper
Denver-based Summo Minerals (SMA-T) has received approval to construct and develop the Lisbon Valley copper project in southeastern Utah.The go-ahead stems from a decision, by Deputy Chief Administrat…
Drilling continues at Jericho project
The discovery hole into the recent kimberlite find at the Jericho project in the Northwest Territories pulled 92.5 metres of kimberlite from the land-based Contwoyto-1 target between a downhole depth …
Atna’s court date with Boliden delayed
Atna Resources’ (ATN-T) court date with Boliden (BOL-T), originally scheduled for Sept. 24 and 25, has been postponed to Nov. 25 and 26.Earlier this summer, the British Columbia Supreme Court granted …
PEOPLE — El-Misti
John Huguet appointed chairman, president and director; Nick DeMare appointed corporate secretary; Gregory Chorny, Al Jamal, John Maclean and Robin Slaughter appointed directors.
Golden Regent, LBN cut gold in Slovakia
Drilling at the past-producing Lom gold-antimony project in Slovakia has confirmed mineralization for Golden Regent Resources (GRR-A) and its partner, LBN Syndicate of Australia.The first two core hol…
MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — Vancouver records gains, Alberta dips slightly — Deals, good results buoy Canadian, foreign juniors
The Vancouver Stock Exchange composite index lost 7.38 points, or 1.85%, over the week ended Oct. 6 to close at 392.61. The mining index managed to tack on 3.36 points, or 1.2%, to round out our tradi…
LETTER TO THE EDITOR — The evolution of geostatistics
Jim Whyte’s recent article (“Recent history reveals trends in mine failures”, T.N.M., Sept. 28-Oct. 4/98) was an interesting read, even more so when I came across my name and quotes from a 1991 articl…
Magadan, firms set exploration budgets
The regional government of Magadan in northeastern Russia has budgeted $14 million for the exploration of new gold deposits in 1999.The government intends to spend $11.4 million in the search for hard…
Royalty twins pick up Romarco’s Midas play
Franco-Nevada Mining (FN-T) and Euro-Nevada Mining (EN-T) have tightened their grip on the Midas district in northern Nevada by acquiring the properties of Romarco Minerals (R-T) in a stock deal value…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Gold remains a haven amid global uncertainty — Nickel dives to 11-year low as base metal majors slump
Market anxiety continued to reign during the Sept. 30-Oct. 6 report period as the economic crisis gripping Asia and Russia threatened to take hold in Latin America. The Group of Seven most-industriali…