Francisco hits more gold
The latest drill results at Francisco Gold’s (FGX-V) wholly owned El Sauzal gold project in Mexico’s Chihuahua state are expected to expand reserves.Of the 29 drill holes recently completed, 85% inter…
Articles by Northern Miner Staff
Juniors cope with new Nasdaq listing requirements
The idea that bigger is better is putting the pinch on junior mining companies in the U.S., as the National Association of Securities Dealers (NASD) implements plans to toughen listing requirements on…
GOLD FUNDS (March 16, 1998)
Gold Funds as of March 5, 1998BGRCentralNet Value$15.31$6.29Price$11.80$5…
LME WAREHOUSE LEVELS (March 16, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Mar.10/98 (change from Mar. 3 in brackets):MetalStocks(tonnes)Change…
Sand River secures sizable Mexican land position
Sand River Resources (SRIV-C) has acquired a portfolio of 16 exploration projects, 14 of which are situated in Mexico.The company’s premier exploration and development target is the Macocozac property…
GREATEST VALUE TRADED, Mar. 4-10
ExchgVal($000s)HighLowCloseChangeInco LtdT162319…
PRODUCER AND DEALER PRICES (March 16, 1998)
Aluminium: LME settlements US$1423.50, alloy US$1,247 per tonne (Mar.10/98).Antimony: Representative mid-market US$1,575 per tonne (Mar. 10/98).Bismuth: Representative mid-market US$3.75 per lb. (Mar….
Klondike gold show set for May
Miners, suppliers and government officials will converge in the historic Klondike region in May for the 13th Annual Dawson City International Gold Show.The 2-day event, billed as North America’s large…
MOST ACTIVE ISSUES, Mar. 4-10
ExchgVol(000s)CloseCrystallexT71567.35Inco LtdT66…
DIAMOND PAGE — SouthernEra mining Sugarbird blow
SouthernEra Resources (SUF-T) has successfully commissioned the diamond recovery plant at its Klipspringer project in South Africa’s Northern province.The plant recovered a total of 768 carats during …
SPOT PRICES (March 16, 1998)
Wednesday, March 11, 1998Price (US)Week’s ChangeGold*$295.25- $0.75Silver*$ 6.31…
Rupert arranges financing
Rupert Resources (RUP-V) has arranged a $4.65-million brokered special warrant financing.The financing, led by C.M. Oliver, will consist of up to 1.5 million special warrants at $3.10 each. Each speci…