Partners ready Mistassini drill targets
Partners ready Mistassini drill targets Partners Canabrava Diamond (CNB-V) and Majescor Resources (MAJ-V) have…
Articles by Northern Miner Staff
Stillwater weathers charge
Montana-based platinum producer Stillwater Mining (SWC-N) finished 2001 off with net income of US$65.8 million desp…
Producer and Dealer Prices (February 11, 2002)
Antimony: Mid-mkt US$1,125/t.Bismuth: Mid-mkt US$3.25/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.95-7.40/lb.Copper: Comex Mar. US$0.7325/lb.
Queenstake to proceed with production at Magistral
The Magistral gold project in northern Sinaloa state, Mexico, will be pouring gold by September following a positive production decision by operator Queenstake Resources (QRL-T) and its joint-venture …
Black Hawk to buy out Limon royalty
Black Hawk Mining (BHK-T) has made arrangements to buy out a 2% royalty on the El Limon gold mine in Nicaragua for $1.25 million. The deal, with royalty-holder Repadre Capital (RPD-T), will see Black …
World Bank to aid Konkola
The World Bank and the Zambian government are floating a proposal that could keep the Konkola copper mines from sinking. The plan would see funds earmarked for other Zambian development programs funne…
Brett licence approved
The government of El Salvador has issued an exploration licence covering the El Potosi gold mine to Vancouver-based Brett Resources (BRN-V). The new licence was issued in conformance with a new Mining…
Lending Rates (February 11, 2002)
as of 4 pm ET, Feb. 5, 2002 (%)Bank of Canada2.25Canadian Prime3.75U.S. Discount1.25U.S. Prime4.75…
PEOPLE (February 11, 2002)
Tribute — David Wahl appointed chairman; Ian Brodie-Brown appointed president, CEO and director; John Wahl appointed COO; J.G. Davison appointed vp exploration; Peter Brodie-Brown appointed vp shareh…
Expatriate exits Fox River (February 11, 2002)
Vancouver –The Hunter-Dickinson group ends up with a 15.7% stake in cash-strapped Expatriate Resources (EXR-V) following the junior’s withdrawal from a $2.5-million deal to pick up a 12% stake in the…
Ontario exploration intensifies
Ontario exploration and deposit appraisal expenditures for 2001 are expected to continue the ascent started in 2000.Spending is expected to climb to $99 million in 2001, an increase of 10%. The upward…
John McCombe
Veteran geological engineer John McCombe, well known for his involvement in the aggregate industry and in open-pit mining, has died.McCombe, who graduated with a bachelor of science degree in geologic…