Second Romanian dam breaks
A tailings dam at the Baia Borsa base metal mine in northwestern Romania has broken, sending more waste into the Tisza River, a tributary of the Danube.Like the tailings dam at the Baia Mare gold proj…
Articles by Northern Miner Staff
Robex nixes $300,000 financing Chinese venture to get cash infusion
Ste-Foy, Que.-based Robex Resources (RBX-M) says “technical reasons” forced it to cancel a $300,000 financing plan a little more than a month after it was announced.However, the company raised $500,00…
Fraud artists target Canadian mineral explorers
A Toronto mining executive is warning Canadian juniors against a scheme in which companies are promised introductions to European investors eager to own mining shares.William Burton, president of Toro…
Spot Prices (March 27, 2000)
Precious MetalsPrice (US$/oz.)ChangeGold$289.40+$0.70Silver$ 5.14+$0.06…
Gold Funds (March 27, 2000)
Gold Funds as of March 16, 2000Dynamic MutualCentral FundNet Value$13.51$5.64Price$8.
Northgate re-launches Kemess mine
Having assumed the reins of the Kemess mine, about 300 km northwest of here, Northgate Exploration (NGX-T) is determined to turn the large-tonnage, low-grade copper-gold producer into a profit-maker.S…
Placer Dome makes South African debut
Last year’s acquisition of half of the South Deep mine in South Africa helped to more than double Placer Dome’s (PDG-T) ore reserves to nearly 66 million oz. gold.The Vancouver-based major purchased a…
Land-use battles subject of forum at MM2000
Competing interests in the land-use battle were explored in a recent forum titled “Land-use battles: will they ever end?”, at Mining Millennium 2000, a Toronto conference jointly sponsored by the Pros…
Virginia funded for programs in Quebec
Few juniors have generated as much exploration smoke as Virginia Gold Mines (VIA-T) or assembled a land package as prospective as that company’s 14 gold and base metal properties in northern Quebec. K…
Diamond Fields begins study
Diamond Fields International (DFI-T) is advancing its marine diamond concessions near Luderitz, Namibia, to the stage of final feasibility study.As part of the study, U.K.-based Seacore, a British mar…
CDNX cools off as tech rally weakens
Canada’s junior exchange slowed its bull run to a mere trot, posting only 29.44 points, or 0.67%, to finish the week ended March 21 at 4,404.89. The mining index kept a slightly faster pace, tacking o…
GREATEST VALUE TRADED, March 15-21
Exchg Val($000s)HighLowCloseChangeAlcoa*N 892947 69.19 61.75 68.31 + 7.06…