Drilling expands prospect
Turkey’s ambivalence over the use of cyanide in mining hasn’t impeded exploration at the Yenipazar polymetallic project, a joint venture involving Anatolia Minerals Development (AMCD-C) and Rio Algom …
Articles by Northern Miner Staff
PEOPLE — Global Expl.
Anthony Field appointed chairman, Rupert Bowen appointed director, Allison Eaton appointed president, and Betty Anne Loy appointed secretary.
PEOPLE — Kit Res.
Ian McDonald appointed chairman, CEO and director.
EDITORIAL & OPINION — A land-use planner’s job is never done — Changing goalposts
Margaret Thatcher once said that trying to run a country by consensus is foolhardy at best and an abdication of leadership at worst (or words to that effect). Nonetheless, governments of all stripes c…
Franco earnings dip slightly
Low commodity prices have barely clipped the bottom line of Franco-Nevada Mining (AGM-T), a royalty company with a 50% interest in the newly producing Ken Snyder gold mine in Nevada.Franco posted net …
Companies (February 22, 1999)
Altius MineralsAnatolia Minerals DevelopmentArgentina GoldAurizon MinesBarrick GoldBeaufield Consolidated ResourcesBoreal ExplorationCambiorCamecoCamphor VenturesChalice MiningComincoDayton MiningDe B…
DIAMOND PAGE — Higher output but lower prices for Cameco
Despite having produced and sold record levels of uranium and gold in 1998, Cameco (CCO-T) reports that its net earnings were only about half those of 1997.The Saskatoon-based company earned $44 milli…
Restructuring adds to Noranda’s bottom line
Despite low metal prices and a disappointing fourth quarter, Noranda (NOR-T) managed to turn a profit in 1998 by divesting itself of several assets.The major earned $658 million (or $2.68 per share) o…
Writedowns lead to loss for Teck — Carosue Dam targeted for feasibility; Antamina contracts awarded
Despite having taken some significant writedowns in junior companies during the past few years, Teck (TEK-T) hasn’t shied away from its longstanding practice of investing in juniors with promising exp…
Cost-cutting adds strength to Eldorado
Rigorous cost-cutting enabled Eldorado Gold (ELD-T) to triumph over production shortfalls in the recent fourth.During the 3-month period ended Dec. 31, 1998, Eldorado produced 39,932 oz. gold, compare…
Lac Rocher property picture begins to clear
Staking around the Nuinsco Resources (NWI-T) nickel-copper discovery near Lac Rocher, Que., is continuing, as option deals are being signed on properties in the region, about 120 km northeast of Matag…
EDITORIAL & OPINION — ODDS ‘N’ SODS — Mr. Sandman
While prospecting near Lake Abitibi in Ontario in 1963, I had an odd experience involving a so-called gold mine.In order not to have any problems with thieves while I was prospecting, I would park the…