Stillwater reports rosy second quarter
Record production and earnings made for a profitable second quarter for Stillwater Mining (SWC-X), though its hedging policy kept the company from reaching the maximum value of its namesake platinum-p…
Articles by Northern Miner Staff
Atna expands Wolf deposit in Yukon
With drill results pending, Atna Resources (ATN-T) is encouraged by the degree to which it is expanding the Wolf polymetallic property in southeastern Yukon.Of the 10 holes completed to date, eight ha…
SPOT PRICES (July 20, 1998)
Wednesday July 15, 1998Price (US)Week’s ChangeGold*$292.80- $1.55Silver*$ 5.32…
ODDS ‘N’ SODS — Homage to an old timer
Seldom do we have the opportunity and privilege to pay tribute to a real “old timer.” Robert Ekloff was such a man.I recently read in the paper of his passing, at 97 years of age, and my mind went bac…
MINING MARKETS & INVESTMENT NEWS – U.S. MARKETS — Dow breaks into new territory
The Dow Jones Industrial average jumped nearly 150 points on July 15 to push the average to an all-time high. For the report period ended July 14, the Dow Jones climbed 160.50 points (1.8%) to close a…
Abcourt drills Vendome property
Diamond drilling has expanded the Barvallee zone of silver-zinc mineralization at the Vendome property, 60 km northeast of Val d’Or, Que.Abcourt Mines (ABI-M) wrapped up a 9-hole, 1,500-metre program …
Laguna advances Rio Chiquito
With proceeds from a recent private placement in hand, Laguna Gold (LGC-T) is set to move ahead with a small open-pit operation at its Rio Chiquito property in Costa Rica.The company recently complete…
DIAMOND PAGE — Diadem funds work at Leek Springs, Mestiza
By means of a private placement, Toronto-based Diadem Resources (DIR-M) intends to raise $5.1 million for exploration and development work on the Leek Springs diamond project in northeastern Californi…
Caledonia seeks cobalt-copper in Congo
Junior Caledonia Mining (CAL-T) has entered into two joint-venture agreements with the state mining agency of the Democratic Republic of Congo.The partners will explore two cobalt-copper concessions a…
Kinross working on the Railroad
Having selected several targets it considers to be of high calibre, Kinross Gold (K-T) has kicked off a drill program at the Railroad gold project in Nevada’s Carlin trend.The project, in which Kinros…
Asia Minerals to option Copperstone from Royal Oak
Asia Minerals (ASE-A) has entered into a joint-venture agreement to acquire up to an 80% interest from Royal Oak Mines (RYO-T) in the past-producing Copperstone gold mine in La Paz Cty., Ariz.The agre…
MINING MARKETS & INVESTMENT NEWS – WESTERN MARKETS — Foreign plays attract attention in otherwise dull western market
The Vancouver Stock Exhange composite index shed 7.95 points, or 1.5%, to close at 520.04 over the report period ended July 14. The mining index followed suit, dropping 8.35 points, or 2.2%, to finish…