KEGS distributes five scholarships
The Canadian Exploration Geophysical Society (KEGS) has awarded its first five scholarships to undergraduate students enrolled in geophysics at various universities.The scholarship program is part of …
Articles by Northern Miner Staff
Safety Society honours its own
Ben Sheppard, who presides over Ben W. Sheppard & Associates in Hayden Lake, Idaho, has won the Safety Professional of the Decade Award. The honour was bestowed on him by the International Society of …
Noril’sk eyes large PGM deposit
By this time next year, Russian mining and smelting giant Noril’sk Nickel plans to start the commercial development of the MS-Gorizont low-sulphide platinum group metals (PGM) deposit in the Taimyr Pe…
The truth about Hope Bay
With reference to Barry Smee’s interesting letter on the history of Hope Bay area of Nunavut (T.N.M., July 10-16/00), I feel it’s important to set the record straight.The initial efforts by Roberts Mi…
Peruvian tax changes could hurt miners
The Peruvian congress has passed a bill aimed at removing many of the existing financial incentives for mining.The bill, presented by President Alberto Fujimori, who was recently re-elected to a third…
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Mentor steps up work in Quebec
Armed with more than $10 million in working capital, Mentor Exploration & Development (MV-T) has acquired three gold projects in northern Quebec.About $400,000 will be spent this year on the Lac Corve…
San to drill near Bissett
Winnipeg-based San Gold Resources (SGR-W) has launched a major exploration program on its property near the producing Bissett mine in northern Manitoba.The $500,000 program will consist of basal till …
Phelps Dodge beats estimate
Phelps Dodge (PD-N) posted better-than-expected second-quarter earnings of US$4.5 million (or 66 per share) before restructuring charges and non-recurring items of US$52 million.In late June, the com…
Share swap offer for Altoro
In an attempt to diversify its exploration portfolio, Denver-based Solitario Resources (SLT-T) has tabled a friendly takeover bid for junior Altoro Gold (ATG-V).The share swap offer would see Altoro s…
Glen Harper convicted on insider trading charges
The Ontario Court of Justice has found Glen Harper, president of Golden Rule Resources (GNU-T), guilty of two charges of illegal insider trading in the company’s shares during early 1997, when the com…
Analyst gives nod to Battle Mountain-Newmont merger Investment Commentary
What’s good for the goose isn’t alway great for the gander. Tanya Jakusconek, gold analyst for National Bank Financial, views the recently announced merger between Battle Mountain Gold (BNG-N) and New…