The Northern Miner’s support of a strong and viable U.S. mining industry is very much appreciated. Recent editorials on Summitville, Bruce Babbitt, and zinc and the EPA have been right on point. Your …
Constructed at a cost of US$64.7 million, Homestake Mining’s (HM-N) Ruby Hill gold mine near Eureka, Nev., has become the century-old mining company’s lowest-cost operation.The new mine achieved comme…
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BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateJune 8June 7June 4June 3…
Asia MineralsBarramundi GoldBattle Mountain GoldBerland ResourcesBlackRock VenturesBroken Hill ProprietaryCassiar Mines & MetalsComaplex MineralsCopper Ridge ExplorationsCorriente ResourcesC…
The California state lands commission has granted a prospecting permit to Deloro Minerals (DLO-A), which has staked a 480-acre area near the border with Nevada.The property is within 5 miles of the Au…
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To alleviate its US$115-million debt load, Vengold (VEN-T) has sold 25 million shares of Lihir Gold (LIHRY-Q).The proceeds, which tally to about $25 million (Australian), will reduce Vengold’s outstan…
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Effective June 8, Minroc Mines became Cassiar Mines & Metals (CIR-T) and drew down a $5-million financing for its magnesium-chrysotile project at Cassiar in northern British Columbia.The past-producin…
Encouraging results are reported from the Munn Lake kimberlite sill discovery at the Back Lake project in the Northwest Territories.A 42-kg aggregate kimberlite sample collected from two core holes an…
The Vancouver Stock Exchange composite index lost 8.09 points, or 1.8%, over the report period ended June 8, to close the week at 444.62. The mining index followed suit, losing 4.07 points, or 1.3%, t…
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