AMT to sell copper production to General Motors
Toronto-based junior AMT International Mining (AAI-T) has signed a long-term off-take agreement for its Copper Creek copper-molybdenum project, 45 miles northeast of Tucson, Ariz.Over five years, begi…
Articles by Northern Miner Staff
Franco-Nevada uses Nevada assets as springboard for growth
With the sole exception of the Ken Snyder mine in Nevada, Franco-Nevada Mining (FN-T) prefers to leave the operating of mines “to companies more expert in such matters.” Armed with a war chest of cash…
Trivalence nets US$4.3M
The sale of 6,890 carats of diamonds has generated US$4.3 million for Trivalence Mining (TMI-V), operator and 85%-owner of the Aredor mine in Guinea, West Africa.The five parcels of diamonds sold for …
Argentine prospects bright for Tenke Investment Commentary
If the efforts of Tenke Mining (TNK-T) are any indication, the Lundin group stands a good chance of building on its earlier successes in Argentina, according to mining analyst Robert van Doorn of Loew…
Geomaque boosts earnings
By lowering costs, Geomaque Explorations (GEO-T) managed to turn a respectable profit in the first quarter.Earnings topped US$402,000 (or 1 per share) on revenue of US$5.5 million, compared with US$8…
Gold Funds (June 12, 2000)
Dynamic MutualCentral FundNet Value$12.50$5.44Price$7.40$5.105Discount40.80%…
Battle Mountain upgrades Phoenix
Houston, Tex.-based Battle Mountain Gold (BMG-N) plans to expand the mining rate for its proposed Phoenix project by 40% to 30,000 tons per day.Average production at the project, situated in northern …
Drilling by Great Basin boosts Ivanhoe
With five rigs turning on its wholly owned Ivanhoe project in Nevada, Great Basin Gold (GBG-V) continues to hit bonanza-grade gold mineralization underneath the previous discovered Hollister resource….
Jesuit mission time capsule for Silver Valley
A Jesuit mission built in 1848 on the banks of the Coeur d’Alene River in northern Idaho is helping scientists understand what the natural levels of lead and zinc were prior to mining.The discovery of…
Kalahari active in Silver Bell Morenci Grange finds local interest in Wenatchee
Buoyed by improved prices for base metals, Kalahari Resources (KLA-V) is planning a program of summer drilling designed to test a newly assembled land package in the world-famous Silver Bell Morenci m…
Placer Dome takes its lumps for Getchell merger
After shelling out US$1.1 billion to acquire Getchell Gold, Placer Dome (PDG-T) was on its way to increasing gold production from operations in Nevada. However, falling gold prices during the summer o…
Gold prices cause dip in Nevada exploration
Falling gold prices have wreaked havoc with exploration budgets for most mining companies active in Nevada.The state produces in excess of 8 million oz. gold annually — more than 70% of America’s pro…