Eldorado continues turnaround in latest quarter
A year ago, Eldorado Gold (ELD-T) was in the red to the tune of US$115.6 million (or US$1.58 per share) for the 9-month period ended Sept. 30. A vigorous cost-cutting program has pushed the Vancouver-…
Articles by Northern Miner Staff
Hebron Fjord finds anomalies
An airborne magnetic survey has identifed several anomalies at Hebron Fjord’s (HEF-M) gold-copper property in southern Peru.The anomalies occur along a northeasterly trending fault and cut across the …
METAL PRICES, Daily Metal Prices (November 15, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateNov. 9Nov. 8Nov. 5Nov. 4…
Junior options Wyoming platinum property
Trend Mining (TRDM-O) has optioned the Lake Owens platinum property in southeastern Wyoming from General Minerals (GNM-T).Trend can earn a 100% interest in 104 claims in Albany Cty. by spending US$750…
US coal miner slapped with fine for wastewater leak
Lone Mountain Processing has been fined US$1.6 million after pleading guilty in U.S. federal court for twice discharging water contaminated with waste from coal processing into Virginia waterways.The …
NEWS ROUNDUP — Antofagasta hits commissioning stage
Commissioning of the US$1.4-billion Los Pelambres mine in Chile is under way.British-based owner Antofagasta Holdings reports that ore is being fed into the concentrator, and copper concentrate is exp…
NEWS ROUNDUP — Nuinsco resumes work at Lac Rocher
Drilling at the Lac Rocher property in northwestern Quebec is following up on a nickel discovery by Nuinsco Resources (NWI-T).The initial target of the current program is Anomaly A, an untested mafic-…
NEWS ROUNDUP — KEGS starts scholarship fund
The Canadian Exploration Geophysicists Society (KEGS) has established a scholarship fund for students interested in pursuing studies in geophysics.The KEGS Foundation is currently raising funds for bo…
Tulawaka reveals more gold
Partners Pangea Goldfields (PGD-T) and Minires du Nord (MDN-M) continue to report high gold values from their Tulawaka property in Tanzania’s Lake Victoria Goldfields district.Results from 15 holes i…
DIAMOND PAGE — Diamond Fields sells more gems
Vancouver-based Diamond Fields International (DFI-V) has sold a 6,475-carat parcel of diamonds from its Luderitz ocean concessions, off the coast of Namibia.The US$164-per-carat sale was preceded by t…
Companies (November 15, 1999)
Aber ResourcesAfrioreAnaconda NickelAnglo AmericanAnglogoldApex Silver MinesAshanti GoldfieldsAtna ResourcesAurizon MinesBarrick GoldBattle MountainBema GoldBlack Hawk MiningCambiorCamecoCanarc Resour…
Bema, Ecuadorian swap shares
As a means to advance its South American projects, Ecuadorian Minerals (EMC-T) is exchanging 3.8 million of its shares for 3.3 million shares of Bema Gold (BGO-T).The trade, which is subject to regula…