TVX board shrinks as Batista walks
Flamboyant Brazilian millionaire Eike Batista is resigning as chairman, chief executive officer and director of TVX Gold (TVX-T), effective April 1.Directors Nigel Lees and Ian Rugeroni are also resig…
Articles by Northern Miner Staff
Viceroy adds to New Morning resource
Vancouver — Junior Viceroy Resource (VOY-T) has bolstered the resource estimate at the New Morning nickel-sulphide deposit, adjacent to the company’s Bounty mine in Western Australia.Based on 2,252 m…
‘Help us become like you’
If it works, don’t fix it, or so the saying goes. Free enterprise works well, if done right, but that hardly matters to the thousands of well-fed and well-educated citizens who plan to protest its ill…
News – 19-MAR-01 (March 19, 2001)
Odds ‘n’ Sods: Joubin – The Father of Elliot Lake
Without the foresight, initiative and leadership of Franc Joubin (1911-1997), the mines of Elliot Lake, Ont., might never have come about.Joubin was one of the most outstanding explorers in North Amer…
Kutz postal collection on auction block
The Kenneth Kutz “Mining in Canada” collection of early mining documents, maps and postcards will be sold at an auction at the Metro Toronto Convention Centre on March 24.The collection, which spans f…
Ontario funds mining education kits
The Ontario government will spend $50,000 to promote awareness of mining among elementary school students.The Toronto-based Prospectors & Developers Association of Canada (PDAC) will use the money to …
Ashton finds new pipe
Drilling by Ashton Mining of Canada (ACA-T) on the Buffalo Hills property in north-central Alberta has uncovered another kimberlite.The discovery, known as K281, occurs 15 km southeast of kimberlite K…
LME Warehouse Levels (March 19, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, March 13/01 (change from March 6 in brackets):MetalStock (tonnes)ChangeAluminium467400…
Rio Narcea keeps production steady
Lower head grades at its flagship El Valle open-pit mine in northwestern Spain have taken a bit of the edge off the production numbers of Rio Narcea Gold Mines (RNG-T).During 2000, Rio Narcea produced…
Producer and Dealer Prices (March 19, 2001)
Antimony: Mid-mkt US$1,320/t.Bismuth: Mid-mkt US$4.00/lb.Cadmium: Mid-mkt US$0.22/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$13.50-15.00/lb.Copper: Comex March US$0.8115/lb.
Israel exports record amount of diamonds
Polished diamond exports from Israel rose 19% in 2000, to a record level of US$5.3 billion.”Exceeding the US$5-billion mark in polished exports is a great accomplishment, firmly establishing Israel’s …