Miramar Mining posts big loss
Miramar Mining (MAE-T) saw its losses double from 1996 to 1997.The company posted a loss of $63.8 million (or $1.12 per share) in 1997, compared with a loss of $29.1 million (51cents per share) in the…
Articles by Northern Miner Staff
Romarco calculates resource at Midas
After two field seasons, Romarco Minerals (R-T) has completed a resource calculation on its Midas gold-silver property in northern Nevada.Based on 51 drill holes on the Gold Crown vein, two footwall v…
U.S. MARKETS — Dow ends on new high
The Dow Jones Industrial average closed the April 15-21 report period at a record high of 9,184.94. The average was up 74.74 points, or 0.8%, for the week.A surge in the price of gold late in the repo…
TORONTO STOCK EXCHANGE INDICES (April 27, 1998)
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PRODUCER AND DEALER PRICES (April 27, 1998)
Aluminium: LME settlements US$1,419, alloy US$1,279 per tonne (Apr. 21/98).Antimony: Representative mid-market US$1,565 per tonne (Apr. 9/98).Bismuth: Representative mid-market US$4.05 per lb. (Apr. 9…
MINING MARKETS AND INVESTMENT NEWS — Analyst weighs Tenke’s risk factors in Africa
Without ignoring various financial and political risk factors, the mining division of HSBC James Capel has issued a “buy” recommendation for Tenke Mining (TNK-T), based on the fundamentals of the its …
GREATEST VALUE TRADED, April 8-14
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Rondal signs up for survey
An induced polarization survey is set to begin on a 25,000-acre land package under option to Rondal Gold (RGD-A) in Mexico’s Zacatecas state.Rondal has the right to acquire 49% of the shares of a priv…
NovaGold goes solo at Murray Brook
NovaGold Resources (NRI-T) has signed a new agreement with privately owned Sheridan Platinum Group to acquire a 100% interest in the Murray Brook polymetallic property in northern New Brunswick.An ear…
QUERY — Yuma swimming against tide
The Northern Miner has often reported on Yuma Copper (YUM-V), but recently it has been dropped from your weekly stock price listing. I hear that it was delisted. I did not see any mention of this in y…
MINING MARKETS AND INVESTMENT NEWS – Western Markets — Anooraq rises on Mexican acquisition
The Vancouver Stock Exchange composite index edged down 1.23 points to close at 636.08, or 0.2%, over the holiday-shortened report period ended April 14. The mining index also nudged down 1.94 points,…
MINING MARKETS AND INVESTMENT NEWS – Eastern Markets — Palladium and platinum soar as Russia halts exports
The Toronto Stock Exchange 300 composite index hit yet another record high during the report period of April 8-14, closing at 7,780.53 points on April 14, up 200 points, or 2.6%, over the holiday-shor…