WMC finds Meliadine West buyer
Australia’s WMC Resources (WMC-N) is dusting off the 4.5-million-oz. Meliadine West property in Nunavut and selling its 56% stake to Comaplex Minerals (CMF-T), a Calgary-based junior that already hold…
Articles by Northern Miner Staff
Fifteen Years Ago / August 1988
Noranda buys Falco blockNoranda has quietly gone to the open market and emerged as Falconbridge’s largest shareholder.While the market was distracted by some heavy trading of the Falconbridge issue, N…
South African strike unlikely
Talks regarding a new contract for miners in South Africa reached an impasse in mid-July, and workers in the world’s biggest gold-producing country set a deadline of late July for the first nationwide…
Kimberlites elude Majescor
After drill-testing 11 geophysical targets at its Portage project in Quebec, Majescor Resources (MAJ-V) reports that no kimberlite was intersected.The company used a reverse-circulation rig to sample …
No diamonds for Ashton at Caltha
The Caltha kimberlite, which was discovered this past spring on the Ric property in the Coronation Gulf region of Nunavut, has proved barren of diamonds.Ashton Mining of Canada (ACA-T) found the kimbe…
LME Warehouse Levels (July 28, 2003)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 22 (change from July 15 in brackets):MetalStock(tonnes)ChangeAluminium1289825(+3…
South Atlantic buys stake in Arctic Platinum
Vancouver — South Atlantic Ventures (SAA-V) will pay US$23 million in cash and US$8 million in shares for Outokumpu’s 49% interest in the Arctic Platinum partnership (APP), an exploration project in …
Exchange Rates (July 28, 2003)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJuly 22July 21July 18July 17July 16US$ in C$1.41161.40521.41141.3…
Producer and Dealer Prices (July 28, 2003)
Antimony: Mid-mkt US$2,380/t.Bismuth: Mid-mkt US$3.00/lb.Cadmium: Mid-mkt US$0.70/lb.Cobalt: Recent trades US$10.10-11.00/lb.Copper: Comex Sept. US$0.7725/lb.Indium: Indium Corp., ingot, US$140/kg.Iri…
No ‘blanket ban’ in Montana
As a reader of The Northern Miner for more than 20 years, I am aware that you strive for accurate reporting. However, your article on Profile Resources’ Waseka Mill (T.N.M., June 9-15/03) contains an …
Lassonde to head Quebec conference
Pierre Lassonde, president of Newmont Mining and arguably the most successful Quebec native in the gold industry, will be the honourary president of the inaugural Quebec Exploration 2003 conference, t…
Suppliers Roundup (July 28, 2003)
Aussie miner buys concentratorGiants Reef Mining, based in Western Australia, has purchased a Knelson concentrator built by Australian engineering firm ConSep, under licence by Langley, B.C.-based Kne…