Articles by Northern Miner Staff

Drilling by Noranda (NOR-T) has encountered significant copper-gold mineralization at the El Morro porphyry property in north-central Chile.The major, which can earn a 70% interest in the property fro…

Northgate Exploration (NGX-T) has arranged a US$100-million financing package from Scotia Capital, which will be used to repay a portion of the US$145-million bridge loan provided by Trilon Financial …

The Sadiola Hill gold operation in Mali has allowed Iamgold (IIMG-T) to post hefty profits and boost its balance sheet to US$72.7 million in cash.The company and operating partner AngloGold (AU-N) eac…

North-central Newfoundland is proving to be a popular destination for companies on the trail of massive sulphide deposits. Inmet Mining (IMN-T), by teaming up with Altius Minerals (ALS-V), is the late…

Despite record output and lower cash costs, Black Hawk Mining (BHK-T) failed to turn a profit in 1999.Net losses totalled US$12.3 million (or 10 per share) on revenue of US$31.7 million, compared wit…

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NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick Gold…

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Ashton Mining of Canada (ACA-T) has discovered a new kimberlite at its 53.3%-owned Roundrock property, 200 km north of Yellowknife, N.W.T.The Cygnus pipe appears to represent a flat-lying, sill-like b…

Higher prices and a slight increase in the size of recovered diamonds helped Namibian Minerals (NMR-T) combat lower production in the first quarter of 2000.The company posted earnings of US$2.2 millio…

Canada’s fledgling diamond industry took another step forward with the release of a bankable feasibility study for the Diavik project in the Lac de Gras region of the Northwest Territories.The study s…

Precious MetalsPrice (US$/oz.)ChangeGold$274.85-$2.95Silver$ 5.04+$0.01…