AFRICA — Nora explores for Namibian diamonds
Among the ranks of Canada’s diamond producers, one company often overlooked is Montreal-based Nora Exploration (NXI-M), which is mining the rich beach deposits found along the coast of Namibia in sout…
Articles by Northern Miner Staff
EDITORIAL & OPINION — FACTS ‘N’ FIGURES — Photo silver a picture of health
Because of its superior quality, convenience and low cost, silver-based photography will continue to edge out digital imaging in use in applications ranging from family snapshots to medical X-rays to …
LETTER TO THE EDITOR — Cartoon exhibits disregard for safety
I am writing to take extreme exception to the editorial cartoon “Chicken Little Underground,” which ran in your Jan. 11-17 issue.The cartoon portrays two miners, one with the cartoonist’s initials, “J…
MINING MARKETS & INVESTMENT NEWS – WESTERN MARKETS — Argentina Gold a mover and shaker on western market
The Vancouver Stock Exchange composite index lost 3.49 points, or 0.8%, to close the week ended Jan. 26, at 418.73. The mining index pushed forward, gaining 2.07 points, or 0.7%, and finished at 310.3…
MOST ACTIVE ISSUES (February 01, 1999)
ExchgVol(000s)HighLowCloseChangeNuinsco ResT15953…
Searchgold finds it in Gabon
Drilling by Searchgold Resources (RSG-M) has increased the resource at its Bakoudou gold deposit in southeastern Gabon.Prior to Searchgold’s program, which ended in October 1998, the deposit was drill…
Freeport increases earnings
Record quarterly sales for copper and gold produced at its Grasberg operation in Indonesia enabled Freeport-McMoRan Copper & Gold (FCX-N) to boost earnings during the last three months of 1998.Freepor…
Noveder resumes drilling at Cabot property
With cash in hand from a recent financing, Noveder (NED-M) has resumed drilling at its Cabot copper-cobalt property in the Baie Verte region of northwestern Newfoundland.The junior raised $550,000 in …
AFRICA — South African gold miners compete with North American cousins
Dramatic restructurings at Anglogold (AU-N) and Gold Fields (GLDFY-O) suggest that South African companies are challenging their North American counterparts for dominance in the international gold sec…
AFRICA — East Africa extends Nyakafuru mineralization
Drilling by East Africa Gold (EAG-V) has extended mineralization below the resources known to exist at the Nyakafuru gold property in the Lake Victoria Goldfields district of northwestern Tanzania.The…
AFRICA — Ashanti pays off financing, holds down debt
Through a restructuring of its hedging policy, Ashanti Goldfields (AHD-T) has paid off project financing at its two newest gold mines.The Ghana-based company closed out forward sales and put options, …
Companies (February 01, 1999)
Aber ResourcesAmerica Mineral FieldsAnglo AmericanArgentina GoldArmistice ResourcesAzco MiningBarrick GoldBlackrock VenturesBlackstone ResourcesConsolidated Trilogy VenturesDe Beers Consolid…