LionOre, partners find gold near Thunderbox
A group led by Australia’s LionOre Mining International (LIM-T) has discovered a gold prospect 7 km south of the company’s Thunderbox gold deposit in Western Australia’s northeastern goldfields.Named …
Articles by Northern Miner Staff
South Deep strike ends
Workers at the South Deep mine in South Africa have ended their week-old labour dispute.South Deep is a 50-50 joint venture between Placer Dome (PDG-T) and South Africa’s Western Areas. Placer purchas…
Newmont to buy Lomeros
Denver — Newmont Mining (NEM-N) has signed an agreement to acquire the Lomero-Poyatos polymetallic property in Spain from junior Cambridge Mineral Resources.Situated in the Pyrite Belt of southern Sp…
Higher output at Red Lake
Thanks to unexpectedly high headgrades, the Red Lake gold mine in northwestern Ontario is exceeding the production forecasts of its owner, Goldcorp (G-T).The mine, which began commercial production on…
Northern Miner Indices (April 16, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T19.3ComincoCLT-T5.1FalconbridgeFL-T6.7Franco-Nevada MiningFN-T6.3Freeport McMoRan Cop’r BFCX-N6.7Homestake MiningHM-N4….
Cutbacks bolster nickel
What had appeared to be a promising rally in base metals markets earlier on in the week of April 2 turned into something of a rout on April 6 as both copper and aluminum prices shed US$30-40 per tonne…
Vancouver loses in TSE-CDNX deal
A venture capital market is much more than its buildings and brokers, or even its listings and trading volumes. It’s a bastion of free enterprise, a launching pad for entrepreneurs willing to put thei…
News – 09-APR-01
Odds ‘n’ sods: A Tall tale
Years ago, I had a small, happy-go-lucky crew prospecting for lead and zinc near the village of Five Islands, on the north shore of Minas Basin in Nova Scotia. The mood of the crew changed, however, w…
Mines ministers to meet in Toronto in 2002
A new committee has been set up to organize the second World Mines Ministers Forum, which will be held in Toronto in 2002. The date has yet to be announced.The committee will propose workshops and con…
Partners drill Boston deposit at Hope Bay in Nunavut
Infill drilling of the Boston deposit in Nunavut by Hope Bay Gold (HGC-T) and Miramar Mining (MAE-T) is confirming results obtained by previous owner BHP (BHP-N).The best new result came fro…
Cumberland steps up Meadowbank drilling
Crews have been mobilized to the Meadowbank gold project, 70 km north of Baker Lake in Nunavut, as Cumberland Resources (CBD-T) prepares to begin a 4,000-metre drilling program.The $1.3-million progra…