Polymet proceeds with pilot plant
Armed with $2 million from a recent financing, Polymet Mining (POM-V) intends to push ahead with construction of a pilot plant at the headquarters of Lakefield Research, near Peterborough, Ont. The pl…
Articles by Northern Miner Staff
TVX pockets quarterly profit
Bucking the industry trend, TVX Gold (TVX-T) turned a tidy profit in the three months ended March 31.Earnings topped US$4 million (or 1 per share) on revenue of US$42.1 million, compared with US$4.9 …
Gold district takes shape on Chile-Argentine border
When Barrick Gold (ABX-T) acquired what is now the Pascua-Lama property, through the 1994 takeover of Lac Minerals, gold resources were a mere 2.3 million oz. Today, it hosts proven and probable reser…
Gold aids Africa’s renaissance
While South Africa is expected to be number-one in gold for decades to come, the list of the world’s top 20 producers is expected soon to include several African nations now undergoing a mine-building…
Aurizon Mines poised to revive mining camp
Back in the mid-1980s, Quebec’s Casa Berardi camp was making news across Canada, including the front pages of this newspaper. The camp has since fallen on hard times, with its operations either deplet…
REGULAR DEPARTMENTS (May 29, 2000)
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MEETINGS (May 29, 2000)
May 29 Band-Ore — annual, specialMay 29 Boliden — annualMay 29 Caledonian — extraordinaryMay 29 Dayton Mining — annual, generalMay 29 Inca Mining…
Eldorado has hopes for Efemcukuru project’s potential
Eldorado Gold (ELD-T) is working towards achieving the next level of environmental assessment at its Efemcukuru project in western Turkey.The company operates the project through its wholly owned Turk…
TSE Shorts (May 29, 2000)
Short positions outstanding at May 15, 2000Larger individual positions include:Abitibi-Consolidated Inc. 1,285,729 up 194,498; Alcan Aluminium Ltd. 509,745 down 150,432; Anderson Exploration Ltd.
GREATEST VALUE TRADED, May 10-16
ExchgVal($000s)HighLowCloseChangeAlcoa*N 577590 68.44 64.56 66.94 + 0.82…
Ashanti produces more, earns less
Higher gold production was not sufficient to offset the effect of low gold prices for Ashanti Goldfields (ASL-N) during the first quarter.The Ghana-based company posted earnings of US$6.9 million (or …
Taurus to bulk-sample Fenelon
An option agreement with Fairstar Explorations (FFR-T) sets the stage for International Taurus Resources (ITS-V) to carry out a bulk sample that could lead to a feasibility study of the Fenelon gold p…