Claude expands discovery at Seabee
Small-but-steady about sums up the production history of Claude Resources’ (CRJ-T) Seabee gold mine in northern Saskatchewan.In continuous production since 1991, the underground mine has produced an a…
Articles by Northern Miner Staff
Aur posts quarterly loss
Toronto-based Aur Resources (AUR-T) posted a net loss of $1.7 million on revenue of $26 million for its latest quarter ended March 31, compared with earnings of $526,000 on revenue of $23.6 million a …
TSE INDICES (May 22, 2000)
Prices current May 16, 2000DateMay 16May 15May 12May 11May 10High…
NAME CHANGES (May 22, 2000)
Sand River Resources (SRL-V) has changed its name to Rio Fortuna Exploration (RFT-V) on a 1-new-for-7-old-share basis.
Spring triggers recommendations
The arrival of spring seems to have set off a flurry of interest in mining and exploration companies, though nervousness in the high-tech sector is perhaps the more likely reason why some investors ar…
LME Warehouse Levels (May 22, 2000)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, May 16/99 (change from May 9 in brackets):MetalStock (tonnes)ChangeAluminium627975(-3…
Mining index posts gain despite western slump
The Canadian Venture Exchange (CDNX) index dropped 10.21 points, or 0.3%, to close at 3,439.57 over the report period ended May 16. The oil, gas and technology indices posted modest losses while the m…
Producer and Dealer Prices (May 22, 2000)
Producer and Dealer PricesAntimony: Mid-mkt US$1,095/t.Bismuth: Mid-mkt US$3.75/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$…
Mining’s gauntlet
It is a puzzle to some investors that mine permitting in Canada can be a merciless running of the gauntlet in one part of the country and a relatively painless experience in another. And many are amaz…
Wayside results set downbeat tone for CDNX
The report period ended May 9 marked a 148.34-point decline as the Canadian Venture Exchange index fell through the 3,500 level to close down 4.1% at 3,449.78. The mining index shed 100.85 points, or …
Low prices hit Echo Bay
Despite an increase in gold and silver production and a decrease in operating costs, Echo Bay Mines (ECO-X) was unable to triumph over low gold prices in the first quarter.Compared with the correspond…
No Headline (May 15, 2000)
SectionVertical DepthHoleInterceptGold(m)(m)(grams/tonne)…