THE NORTHERN MINER — Small Producers Index (May 10, 1999)
70.93 (+1.85)
News
LME WHSE LEVELS (May 10, 1999)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at May 4/99 (change from April 27 in brackets):MetalStocks(tonnes)Change…
Wheaton River develops Bellavista
With a positive feasibility study in hand, Wheaton River Minerals (WRM-T) is seeking funds to develop its Bellavista open-pit heap-leach gold project in Costa Rica.Unnamed financial institutions have …
Aquest arranges financing
Junior Aquest Minerals (AQU-V) is seeking to raise $1.2 million through a non-brokered private placement of 2 million units priced at 60 cents per unit.A unit consists of one share plus a half-share p…
Placer tables strong first-quarter earnings
By reducing costs and increasing production, Placer Dome (PDG-T) continues to perform strongly, as evidenced by results from the first quarter.The company earned US$25 million (or 10 cents per share) …
America Mineral Fields hangs tough in DRC
With political instability continuing to cripple foreign mining ventures in the Democratic Republic of Congo (DRC), America Mineral Fields (AMZ-T) has battened down the hatches and is now waiting to r…
Gold Funds (May 10, 1999)
Gold Funds as of April 29, 1999BGRCentralNet Value$14.395.72Price$9.90$5.
TSE INDICES (May 10, 1999)
1999May 4May 3Apr. 30Apr. 29Apr. 28HighLowComposi…
Gold group retains law firm
A New Hampshire group calling itself the Gold Anti-Trust Action Committee (GATA) has retained the Philadelphia law firm Berger & Montague to help it investigate allegations of manipulation in the gold…
EDITORIAL & OPINION — Labour needs a new agenda — Us and them
Canadians and Americans are different in one major way, a visiting foreign businessman once observed. South of the 49th Parallel, the American Dream — the notion that Joe Average can become Top Dog t…
EDITORIAL & OPINION — ODDS ‘N’ SODS — Many mineros poor but happy
The following is the third in a series of articles in which the author, an exploration geologist based in Delta, B.C., recounts his experiences working in the jungles of Venezuela in the late 1980s an…
AG votes in favour of Homestake takeover
Shareholders of Argentina Gold (ARP-V) have voted 99% in favour of an offer by San Francisco-based Homestake Mining (HM-N) to acquire all of the junior’s outstanding shares.Under the proposed arrangem…