Iamgold updates reserves at Sadiola Hill
Markham, Ont.-based Iamgold (IMG-T) has updated the reserve and resource estimates of its three major gold assets in Mali.The most prized of these is the Sadiola Hill open-pit mine, which is owned 38%…
Articles by Northern Miner Staff
LATIN AMERICA — CaribGold aims to upgrade resource at Jacinto
Another round of drilling is under way at the Jacinto gold property near Camaguey, Cuba, a joint venture between CaribGold Resources (CG-T) and a state-owned mining company.The work is aimed at expand…
MINING MARKETS & INVESTMENT NEWS — U.S. MARKETS — Metal prices send miners soaring
The Dow Jones industrial average edged up 53.54 points, or 0.5%, during the report period ended April 20 to close at 10,448.55, as strong commodity prices lit a fire under resource companies. Miners r…
NEWS ROUNDUP — NAR options titanium project
Junior NAR Resources (NRL-M) can acquire a one-third interest in a titanium deposit discovered by privately held Titanium Corp. of Canada in the Shubenacadie River near Truro, N.S.To earn its interest…
LATIN AMERICA — Drilling disappoints for Metallica
Follow-up drilling by Metallica Resources (MR-T) at its El Morro and La Fortuna projects in central Chile has yielded disappointing results. Thirteen reverse-circulation holes failed to return copper …
LATIN AMERICA — Low copper prices stall Petaquilla
With total minable reserves of 1.1 billion tonnes averaging 0.5% copper, 0.09 gram gold per tonne and minor molybdenum, the Petaquilla property in eastern Panama is one of the largest undeveloped copp…
LATIN AMERICA — Gammon secures Brenda
Dartmouth-based junior Gammon Lake Resources (GAML-C) has reached an agreement to earn the remaining interest in the Brenda gold project near the city of Ocampo, in Chihuahua state, Mexico.Gammon, whi…
LATIN AMERICA — Yanacocha number-one gold producer in Latin America
The Yanacocha operation in northern Peru’s Andes Mountains held its status as the top gold producer in Latin America in 1998, turning out 1.34 million oz. with full production from a fourth mine and s…
EDITORIAL & OPINION — NEW HORIZONS — Silver solder improved
Silver-tin alloys have established a superior record of performance for strong, ductile bonds that stand up to unlimited thermal and physical shocks, as well as for prohibiting the build-up of bacteri…
LATIN AMERICA — Ecuador commissions airborne survey
The government of Ecuador and the World Bank are collaborating on an airborne magnetic survey over the portion of the Cordillera Occidental that occupies the country.Watts Griffis & McOuat and SIAL Ge…
LATIN AMERICA — NEWS ROUNDUP — Golden Peaks reports encouraging results
Golden Peaks Resources (GL-V) has received encouraging drill results from its Sierra de Las Minas project in northwestern Argentina.Results for hole 8, drilled to test a mineralized zone on the Vallec…
LATIN AMERICA — Reforms benefit perubar, SPC and other producers
At first glance, the silver-lead-zinc mine operated by Perubar 50 km east of here has little in common with the huge copper mining and smelting complex operated by Southern Peru Copper (PCU-N) in the …