Articles by Northern Miner Staff


Ashanti produces record amount of gold

Ashanti Goldfields (ASL-N) surpassed all its production and cost targets for 1998 on the strength of a banner fourth quarter.The company racked up 1.55 million oz. in gold production for the year (a 3…


Asarco takes loss for quarter

Asarco (AR-N) declared a net loss for the fourth quarter of 1998 as a result of low copper prices.After non-recurring items, the company lost US$68.7 million (or $1.73 per share), compared with net ea…


Meetings (February 08, 1999)

Feb. 9, FCMI Feb. 10, Anderson Feb. 10, Nevada Star Feb. 11, Blackwater Feb. 11, La Teko Feb. 12, GMD Res. Feb. 15, ABX Feb. 15, Messina Diamond Feb. 15, Scandia Feb. 15, Wheat Hills Feb. 16, Colevill…


Diavik partners alter proposed plan

Ongoing feasibility and optimization studies at the Diavik diamond project in the Northwest Territories have led to a change in the proposed mining sequence of the kimberlite pipes.Situated 300 km nor…


Staking rush heats up

Dozens of staking crews are busy blazing claim lines through the spruce stands of the Lac Evans area, east of the James Bay highway in northwestern Quebec, on the heels of the recent nickel discovery …


Teck options three Chilean properties

Teck (TEK-T) will form joint ventures with General Minerals (GNM-T) on three copper projects in central Chile.The Vancouver-based major can earn a 60% interest in General Minerals’ Productura copper-g…


Kubaka’s performance buoys Kinross

With the Kubaka gold mine in Far Eastern Russia now its star performer, Kinross Gold (K-T) is continuing efforts to improve efficiencies at its other mines around the world.As part of this effort, Kin…




Grayd funds Alaskan work

Junior Grayd Resource (GYD-V) has raised $750,000 in a non-brokered private placement consisting of 3 million units priced at 25 cents each.A unit consists of one share and one non-transferable warran…


WMC finds more gold

WMC International, the North American unit of Australian major Western Mining, has discovered more gold-bearing iron formation at the Meliadine West gold project, 20 km north of Rankin Inlet, N.W.T.Si…


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