Rough ride for gold
Denver — Fallout from the Bank of England’s gold auction, combined with a decision by the Dutch government to sell 300 tonnes of gold, sent the market on a roller-coaster ride for the report period e…
News
CDNX bullish after first week jitters
Vancouver — After stumbling out of the starting gate last week, the new Canadian Venture Exchange (CDNX) index managed to gain some momentum, posting a gain of 46.93 points, or 2.4%, to finish the we…
Northern Orion restructures debt with Miramar’s help
Vancouver — Northern Orion Explorations (NNO-T), further in the red following a series of writedowns attributed to its Mantua gold operation in Cuba, has arranged a refinancing with parent Miramar Mi…
EVENTS (December 13, 1999)
Jan. 23-24 Cambridge House Int’l — “Vancouver Investment Conference.” Hotel Vancouver, Vancouver, B.C. Phone: (604) 227-7722.Jan. 25-28 B.C. & Yukon Chamber of Mines — “Cordilleran Geology and Explo…
Superconductors race with silver
Electric power losses in heavy-duty motors caused by resistance in wires is a major problem for utility companies and consumers. These losses amount to nearly 60% of total power consumption and requir…
REGULAR DEPARTMENTS (December 06, 1999)
CareersClassified Commentary Editorial Facts and Figures Guest Column Investment CommentaryMetal PricesProfessional DirectoryStock MarketSubscription Services…
NAME CHANGES (December 06, 1999)
Mango Resources (MRH-V) has changed its name to Consolidated Mango Resources (MRH-V) on a 1-new-for-5-old-share basis.
Correction (December 06, 1999)
In our Nov. 29 issue, we incorrectly stated that Phelps Dodge (PD-N) had spent US$9.6 million on the Alamo claims surrounding Azco Mining’s (AZC-T) Adelita silver project in Mexico’s Sonora state.The …
No Headline (December 06, 1999)
The Northern Miner — North American Mining Index (December 06, 1999)
91.85 (-1.60)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (December 06, 1999)
61.97 (-1.79)(Sept. 30/98 = 100)…
Bank of England sale knocks stuffing out of gold
In the wake of a third gold auction by the Bank of England, gold bullion prices fell heavily over the Nov. 24-30 report period, sinking US$6.45 to US$291.40 per oz. on the London morning fix of Dec. 1…