Year-end production down across the board
Canadian production of diamonds, potash, refined copper and zinc rose between December 1998 and December 1999, whereas output of uranium, primary copper and zinc, lead, nickel, gold and silver was dow…
Articles by Northern Miner Staff
Viceroy eyes Bounty horizon Down Under
Mid-tier gold producer Viceroy Resources (VOY-T) has struck a deal to explore a highly prospective gold-bearing horizon on properties immediately south of its Bounty mine in Western Australia.Under an…
New phase of drilling at Duck Pond property
Seeking to expand known copper-zinc mineralization and possibly snare a Buchans lookalike, Thundermin Resources (THR-T) and joint-venture partner Queenston Mining (QMI-T) have started a further phase …
Billiton reports strong half
Rising metal prices helped Billiton, the world’s third-largest aluminum producer, post a profit of US$241 million for the first half of the major’s fiscal year. Profits for the 6-month period ended De…
Marlene Fipke takes control of Dia Met
As part of a $120-million divorce settlement, Charles Fipke has agreed to transfer all his shares in Dia Met Minerals (DMM-T) to his former wife. The agreement makes Marlene Fipke the largest single s…
Namco profits soar
Stronger production and higher realized prices enabled marine diamond miner Namibian Minerals (NMR-T) to post a tidy profit in 1999.Earnings topped US$17.1 million (or 43 per share) on 1999 revenue o…
Altoro tables rhodium results from Pedra Branca
Junior Altoro Gold (ATG-V) has tabled encouraging rhodium assay results from drill core pulled from the Pedra Branca platinum-palladium project in Brazil.Half of the samples were derived from the Esba…
El Peon off to good start Investment Commentary
Following a visit to the newly opened El Peon gold mine in Chile, National Bank analyst Kerry Smith has issued a “focus buy” recommendation for the mine’s owner and operator, Meridian Gold (MNG-t).”T…
Atna buys stake in Marg property
Junior Atna Resources (ATN-T) has purchased a 66.7% interest in the Marg polymetallic property, near Mayo, Y.T., for $250,000. (The remainder is held by uranium giant Cameco (CCO-T)The property hosts …
St. Elias outlines zone
Channel-sampling by St. Elias Minerals (SLI-V) has outlined a promising gold zone at the Cueva Blanca property in western Peru.The 110-sq.-km property covers a large epithermal alteration system in th…
PFN cuts precious metals near Sudbury
A second phase of drilling at the Janes property in northern Ontario has intersected additional values of platinum group elements for Pacific North West Capital (PFN-T).Hole 19 cut 28.2 metres (from 1…
Phelps Dodge outlines deposit
Phelps Dodge (PD-N) has outlined a copper-gold deposit at its 50%-held Sossego project in northern Brazil.Some 120 drillholes point to a resource of 219 million tonnes grading 1.14% copper and 0.34 gr…