DIAMOND PAGE — Navigator disappointed
A drilling effort on the South Contwoyto Lake diamond property in the Northwest Territories came up empty for Navigator Exploration (NVR-A).The junior tested five high-priority targets with 550 metres…
Articles by Northern Miner Staff
MINING MARKETS & INVESTMENT NEWS — INVESTMENT COMMENTARY — Analysts view EuroZinc as small-cap zinc producer
Base metals have long been the workhorses of the mining industry, with lower profit margins and less glamour than gold. But since the yellow metal began its downward tumble, analysts have shown renewe…
GOLD FUNDS (June 21, 1999)
Gold Funds as of June 10, 1999BGRCentralNet Value$12.865.32Price$8.75$5.3…
TSE INDICES (June 21, 1999)
1999Jun. 15Jun. 14Jun. 11Jun. 10Jun. 9HighLowComp…
PRODUCER & DEALER PRICES (June 21, 1999)
Antimony: Mid-mkt US$1,270/t (June 15/99).Bismuth: Mid-mkt US$3.65/lb (June 15/99).Cadmium: Mid-mkt US$0.22/lb (June 15/99).Chromium: Recent trades US$60.00-90.00/t (June 15/99).Cobalt: Recent trades …
Bolivar to extend life of Tomi
During a 1-year preproduction and ramping-up period, the Tomi gold mine in Venezuela’s El Callao district processed and sold 30,000 oz. gold and generated revenue of US$8.6 million. The open-pit opera…
Careers (June 21, 1999)
Wabush Mines has an immediate opening at the site of its open pit and ore dressing complex in Wabush, Labrador, for the following:Mining EngineerReporting to the Chief Mining Engineer, the mine engine…
CORRECTIONS (June 21, 1999)
A report, in our June 7 issue, on Major General Resources’ (MGJ-V) Hammerdown gold project contained incorrect information about the size of a recoverable gold resource. The Newfoundland project conta…
Nelson writes down Zeravshan investment
Low gold prices and a mine-plan review have prompted Nelson Gold (NLG-T) to write down its investment in Zeravshan Gold, operator of the Jilau gold mine in Tajikistan.Although 1998 production increase…
General Minerals expands discovery
In the west-central Bolivian department of Cochabamba, General Minerals (GNM-T) is expanding silver mineralization at its Atocha property.Tunneling into the underground target has encountered silicifi…
Eldorado sizes up Turkish gold deposit — Reserves at Sao Bento in Brazil expected to rise
Drilling will enable Eldorado Gold (ELD-T) to evaluate the size and grade of the Gokgoz Tepe zone at its wholly owned Kisladag project in western Turkey.This season’s program, budgeted at US$725,000, …
NEVADA & THE WESTERN STATES — Kinross and Mirandor strike gold at Railroad
A discovery hole and the exploration potential of the Railroad gold property in Nevada have heartened partners Kinross Gold (K-T) and Mirandor Exploration (MIQ-M).A technical report by Kinross, which …