Eldorado buoyed by Kisladag
A porphyry gold deposit in western Turkey’s Usak province is providing Eldorado Gold (ELD-T) with encouraging drill results, including a 247-metre intersection grading 3.23 grams gold per tonne.Drilli…
News
Toronto Stock Exchange Indices (August 30, 1999)
Date-1999Aug. 24Aug. 23Aug. 20Aug. 19Aug. 18HighLow…
PolyMet chooses process
PolyMet Mining (POM-V) will use pressure oxidation to process ore from the NorthMet polymetallic deposit in northeastern Minnesota.Pressure oxidation was selected over a hybrid process that combines b…
Producer and Dealer Prices (August 30, 1999)
Antimony: Mid-mkt US$1,215/t.Bismuth: Mid-mkt US$3.85/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65/t.Cobalt: Recent trades US$18.60-20.00/lb.Copper: Comex Sept. US$0.7555/lb.Indium: Ind…
Correction (August 30, 1999)
In our Aug. 16 issue, we incorrectly stated that the Tulawaka property in Tanzania belongs to Tan Range Exploration (TNX-A). In fact, it is a 70-30 joint venture between Pangea Goldfields (PGD-T) and …
Alta shuts down Olinghouse
Pending resolution of bankruptcy proceedings, Alta Gold (ALTAQ-O) has suspended mining at the Olinghouse gold mine, 30 miles east of Reno, Nev.The company hopes to avoid bankruptcy by selling a 40% in…
INVESTMENT COMMENTARY — Great Basin seen as classic ‘drill-hole trading play’
It has been said that only two things drive the Vancouver Stock Exchange’s resource market: the price of gold and hot drill results. With the price of gold in the dumper, junior companies not only hav…
The Northern Miner Small Producers Index (August 30, 1999)
67.04 (-0.18)(Sept. 30/98 = 100)…
Metal Prices (August 30, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateAug. 24Aug. 23Aug. 20Aug. 19…
The Northern Miner North American Mining Index (August 30, 1999)
98.70 (+0.42)(Sept. 30/98 = 100)…
MOST ACTIVE ISSUES (August 30, 1999)
August 18-24, 1999CompanyExchgVolume(000s)HighLowCloseChangeInco…
NEWS IN BRIEF (August 30, 1999)
Athlone Resources (AT-V) has changed its name to Athlone Minerals (ATH-V) on a 1-new-for-10-old-share basis.