Campbell tackles costs
Excess dilution has prompted Campbell Resources (CCH-T) to switch mining methods at its Joe Mann gold mine, near Chibougamau, Que.Since September, production has been restricted to upper levels, with …
Articles by Northern Miner Staff
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Broad market shines on mixed producer showings
The Toronto Stock Exchange 300 index climbed 287.21 points during the Nov. 10-16 report period, ending at 7,570.73. Resource stocks were mixed again, with the metals and minerals sub-group rising 47.2…
MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — VSE composite index gains momentum
William Hess, chairman of the Alberta Securities Commission, has been selected as the president and chief executive officer of the soon-to-be-launched Canadian Venture Exchange (CDNX). As part of a ma…
INVESTMENT COMMENTARY — Dia Met gets nod for strong financial performance
Having completed the transition from explorer to producer, Dia Met Minerals (DMM-T) is getting attention from mining analysts for the strong performance of the Ekati diamond mine in the Northwest Terr…
METAL PRICES, Daily Metal Prices (November 22, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateNov. 16Nov. 15Nov. 12Nov. 11…
LETTER TO THE EDITOR – Explorers better served by well-planned Ontario survey
Operation Treasure Hunt (OTH), announced by the Ontario government with great fanfare earlier this year as a gesture of support to the mining industry, has undergone some rather curious and difficult-…
COMMENTARY – Canada must fight for fairness
Increasingly, Canadians are seeing product bans that discriminate against our mineral exports. The impact on metals markets is serious and is already being felt.Banning, labeling or imposing restricti…
Placer boosts Zaldivar stake
Less than a year after it announced plans to divest itself of base metal assets, Placer Dome (PDG-T) has acquired full ownership of the Zaldivar open-pit copper mine in Chile.Placer shelled out US$251…
Manhattan to resume work at Tambo Grande project
Manhattan Minerals (MAN-T) will begin a second round of drilling at its 75%-optioned Tambo Grande polymetallic project in northwestern Peru.During the first phase, which consisted of 102 core holes (2…
Moydow funds exploration
To finance exploration of its Ghanaian gold assets, junior Moydow Mines International (MOY-T) is raising $5 million via a private placement.The financing, brokered by Loewen, Ondaatje, McCutcheon, wil…
TVX lets out contract for Olympias project
With a green light from its final feasibility study and permit applications awaiting approval, TVX Gold (TVX-T) has awarded the principal construction management contract for its Olympias mine project…
Hedging clips Newmont
Accounting charges related to hedging pulled down earnings for Newmont Mining (NEM-N) in the third quarter.The company posted a loss of US$39 million (or 23 cents per share) after a US$41.3-million no…