Careers (October 12, 1998)
Gold Fields LimitedGold Fields Ghana, a subsidiary of Gold Fields Limited, which is one of the largest gold producers in the world, has achieved full production at 300000 tons ore per month in the pla…
News
PEOPLE — El-Misti
John Huguet appointed chairman, president and director; Nick DeMare appointed corporate secretary; Gregory Chorny, Al Jamal, John Maclean and Robin Slaughter appointed directors.
Ventures buys Alaskan time
Junior Ventures Resource (VRS-V) has re-secured the right to explore 3 million acres of central Alaska.The company negotiated a 2-year extension to its land holdings with the Alaska native corporation…
New mine plan cuts Gold Reserve’s costs at Las Brisas
By modifying its mine plan, Spokane Wash.-based Gold Reserve (GLR-T) has reduced estimated cash operating costs by as much as 24% at the proposed Las Brisas copper-gold producer in southeastern Venezu…
EDITORIAL & OPINION — Irrational exuberance gives way to gloom — Is this the bottom?
The morality plays of the Middle Ages used a stock cast of characters who personified the virtues and vices that tug the sleeves of the ordinary person. They generally ended with a cameo appearance by…
Prime hits silver at Corey
Prime Resources Group (PRU-T) has encountered a narrow interval of high-grade silver mineralization at the Corey property, held by Kenrich Mining (KRC-V) in northeastern British Columbia.The hole, whi…
Noranda plant subject of CIM meeting
The primary magnesium production plant owned by Noranda in Asbestos, Que., will be the focus of the next luncheon of the Canadian Institute of Mining, Metallurgy and Petroleum, to be held Oct. 22 at 1…
Canadian BHP arm wins B.C. reclamation prize
The Canadian subsidiary of Broken Hill Proprietary has been awarded the 1997 British Columbia Mine Reclamation Award for its work at the Island Copper mine near Port Hardy.Once the third-largest coppe…
Stillwater puts expansion on fast track — New tunnel to East Boulder expected to speed development
Stillwater Mining (SWC-X) is stepping up expansion plans at its namesake operation in southwestern Montana.The company had planned to boost platinum and palladium production to 1.3 million oz. per yea…
MINING MARKETS & INVESTMENT NEWS — The Northern Miner’s Mining Indices
This week we introduce our own indices of market performance in the mining sector: The Northern Miner North American Mining Index and The Northern Miner Small Producers Index both of which can be foun…
GREATEST VALUE TRADED (October 12, 1998)
ExchgVal ($000s)HighLowCloseChangeBarrick GoldT63…
MOST ACTIVE ISSUES (October 12, 1998)
ExchgVol (000s)HighLowCloseChangePlacer DomeT2115…