Gold vanishes into thin air
Denver — A shipment of unrefined gold from the West African nation of Benin was recently reported missing at Chicago’s O’Hare International Airport, according to an Associated Press report.The gold, …
Articles by Northern Miner Staff
Western Mining eyes Olympic Dam expansion
Denver — Western Mining (WMC-N) is evaluating options to expand copper production at its giant Olympic Dam mine in South Australia.The board of directors has given the green light to engineering work…
Anatolia to drill four prospects in Turkey
Denver — Anatolia Minerals Development (YMC.U-V) is preparing to launch four drilling programs in Turkey.Among these will be a US$350,000 program with partner Rio Tinto (RTP-N) at two copper-gold por…
Exall, Glimmer make amends
Partners Exall Resources (EXL-T) and Glimmer Resources (GME-V) are resolving a 3-year-old dispute over the Glimmer gold mine in northern Ontario.The two have signed a heads-of-agreement, details of wh…
Golden Phoenix buys mine
Denver — Reno, Nev.-based Golden Phoenix Minerals (GPXM-O) has succeeded in its bid for the Mineral Ridge mine in southern Nevada.To acquire the past-producer from federal bankruptcy court, the junio…
Sulliden drilling at Mario project
Drilling by Sulliden Exploration (SUE-T) has confirmed a previous massive sulphide discovery at the Mario project in the Peruvian department of Junin, some 50 km southeast of Huancayo.The first hole i…
Iriana explores near Jakarta
An Indonesian tin company has launched an exploration program to test two properties held by Iriana Resources (IR-T) on Flores Island, east of Jakarta.The Wae Dara and Nggorang properties, about 15 km…
The Silver slump
There has been much speculation as to why silver prices are touching 20-month lows. London-based Gold Fields Mineral Services (GFMS) has produced an interim review of the silver market, and its resear…
PEOPLE (November 20, 2000)
Birim Goldfields — Matthew Chinn appointed COO.Celtic Minerals — Barry Greene appointed vp exploration.Champion Bear — Anthony Pryslak appointed vp exploration.Corner Bay…
Gold Funds (November 20, 2000)
Gold Funds as of Nov. 9, 2000Dynamic MutualCentral FundNet Value$11.52$5.44Price$6.40$4.590…
Asarco prolongs mine life
Denver — At the Mission copper mine in southern Arizona, Asarco plans to reduce production and increase its stripping of waste material.Daily output is expected to fall 33% to 41,000 tonnes, while wa…
NMA names new leader
Denver — John (Jack) Gerard will replace Richard Lawson as president and chief executive officer of the Washington, D.C.-based National Mining Association.Gerard is chairman and CEO of the firm McClu…