Companies (June 28, 1999)
Aber ResourcesAurizon MinesBarrick GoldCambiorCamphor VenturesCanaco ResourcesClaude ResourcesCogema ResourcesComincoCSA ManagementDayton MiningDe Beers Consolidated MinesDenison MinesDia…
News
BASE METALS — Rio Tinto eyes zinc project
A zinc-lead-silver project with similarities to the Polaris mine in Canada’s High Arctic has caught the eye of Rio Tinto Mining (RTP-N).The London-based major plans to spend US$500,000 on a summer pro…
SouthernEra tests Camafuca pipe in Angola
Results from a 1998 drill campaign at the Camafuca diamond property in Angola’s Lunda Norte province suggest that the kimberlite may be richer than previously thought.SouthernEra Resources (SUF-T), wh…
MINING MARKETS & INVESTMENT NEWS — U.S. MARKETS — Low gold pulls down producers
The Dow Jones industrial average climbed 126.64 points (1.2%) to reach 10,721.63 over the report period ended June 22. But the continued strength of the American economy did nothing to stop gold’s sli…
Westward, MacMillan test target in Peru
A drill program funded by Westward Explorations (WWE-V) will test MacMillan Gold’s (MMG-T) Armonia gold property in central Peru.Westward can earn a 50% interest in the project from MacMillan. This ye…
METAL PRICES (June 28, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateJune 22June 21June 18June 17…
MOST ACTIVE ISSUES, June 16-22
ExchgVol(000s)HighLowCloseChangeDenison MinesT155…
LETTER TO THE EDITOR — Reader disputes Pakeagama Lake claims
We note with interest the recent exchange of letters between John Cumming and Donald Bubar in the June 14-29 issue of The Northern Miner, regarding the claims made for the Pakeagama Lake pegmatite dis…
EDITORIAL & OPINION — ODDS ‘N’ SODS — In record time
I recently had the privilege of renewing contact with George and Lois Jewett and the family of Merv Upham. I first met them in the 1950s, during the glory days of the development of ten uranium mines …
BASE METALS — Partners start work at Duck Pond — First phase to include 20-hole drilling program
In yet another illustration of the rebirth of exploration in central Newfoundland, a drilling program, now under way, could blow a decade’s dust off two base metal deposits that have been inactive sin…
Index (June 28, 1999)
CareersClassifiedDiamond PageDrillersEditorialFacts’n’FiguresLetter to the EditorMarket PlaceMetal PricesMining Markets & Investment NewsOdds’n’SodsProfessional DirectoyStock MarketSubscr…
BASE METALS — Foran expands McIlvenna Bay deposit — Exploration program targets gold-rich portion of stockwork
With an infill drilling campaign nearing completion, Foran Mining (FOM-V) is beginning a program of stepout work in an attempt to boost the tonnage of the McIlvenna Bay zinc-copper-gold deposit.The 13…