Commission urges probe of Noril’sk sale
A government commission in Russia has called for a halt to the privatization the Noril’sk Mining and Metallurgical Kombinat.The commission has recommended that the recent sale of the government’s rema…
Articles by Northern Miner Staff
New Britannia mine overachieving
Gold production is up and cash costs are down at the New Britannia mine in Manitoba.The mine, which is owned equally by TVX Gold (TVX-T) and High River Gold Mines (HRG-T), produced 91,415 oz. gold in …
TSE INDICES (January 26, 1998)
1998Jan. 20Jan. 19Jan. 16Jan. 15Jan. 14HighLowCom…
PRODUCER & DEALER PRICES (January 26, 1998)
Aluminium: LME settlements US$1,480.50, alloy US$1,339 per tonne (Jan.20/98).Antimony: Representative mid-market US$1,735 per tonne (Jan. 20/98).Bismuth: Representative mid-market US$3.35 per lb. (Jan…
STOCK MARKETS — Gold majors post gains as bullion rises — Base metal producers also enjoy a better week
Led by the surprising performance of the golds, the Toronto Stock Exchange 300 composite index ended the report period of Jan. 14-20 at 6509.45, a recovery of 179.86, or 2.8%, over its level of Jan. 1…
LETTERS TO THE EDITOR — Boom to bust and back again
The exploration industry has not experienced anything quite like the level of activity we have had over the past three years. It has been a world-wide party in terms of footage drilled, but, like all …
MOST ACTIVE ISSUES, Jan. 14-20
ExchgVol(000s)CloseWestmin ResT170785.30Barrick GoldT…
GOLD FUNDS (January 26, 1998)
Gold Funds as of January 15, 1998BGRCentralNet Value$14.49$5.99Price$11.50…
LME WHSE LEVELS (January 26, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Jan.20/98 (change from Jan. 13 in brackets):MetalStocks(tonnes)Change…
Drills turn at Burntbrush
Diamond drilling is under way at the Burntbrush gold property, 150 km northeast of Timmins, Ont.Tri Origin Exploration (TOE-T) optioned the 5,000-ha property from French-owned Cogema Resources in earl…
Apex locks up silver property in Honduras
Apex Silver Mines (SIL-X) will acquire a half interest in the Labor silver property in southwestern Honduras. The vendor, Intrepid Minerals (IAU-A), will retain the other half.The acquisition increase…
Metallica expands Brazilian resource
Metallica Resources (MR-T) has increased the gold resource at its Mara Rosa property in Brazil.A new calculation by a Chilean consultant puts the in situ gold resource in the Posse Mine zone at 12.7 m…