Stillwater turns in record year
More ounces and a higher sales price enabled platinum producer Stillwater Mining (SWC-X) to post record earnings in 1998.At its namesake mine in southwestern Montana, the company cranked out 111,000 o…
Articles by Northern Miner Staff
SME meeting set for Colorado
The minerals-processing division of the Society for Mining, Metallurgy & Exploration will hold its annual meeting May 21-22 at the Broadmoor Springs Hotel in Colorado Springs, Colo.Entitled “Operating…
Diamonds steal the show at Cordilleran Roundup
The pervasive mood at this year’s annual Cordilleran Roundup was cautious optimism, perhaps because many delegates felt that there was nowhere to go but up. However, if attendance is any indication of…
EDITORIAL & OPINION — ODDS ‘N’ SODS — A good deal gone bad
During the mid-1950s, I did a lot of mining exploration work in a farming area a few miles west of Senneterre, in northwestern QuebecHowever, our story starts years earlier, when a geology professor a…
PGEs found near Sudbury
Pacific Northwest Capital (PFN-A) continues to receive encouraging grades from its grassroots platinum and palladium project near Sudbury, Ont.Channel samples from sulphide-bearing gabbro returned 23….
Plug pulled on Pinson
Homestake Mining (HM-N) has closed the Pinson gold mine, near Winnemucca, Nev., after it failed to reach production targets.Pinson is a 50-50 joint venture with Barrick Gold (ABX-T). The mine was expe…
AFRICA — Channel poised for busy year
Having fended off a hostile takeover bid by Etruscan Resources (EET-T) last summer, Channel Resources (GEYE-C) intends to continue work on its mineral properties in Burkina Faso, with some help from P…
Sunshine boosts production forecast
Exploration at the Sunshine silver mine in northern Idaho has enabled Sunshine Mining & Refining (SSC-N) to increase production estimates to more than 5.2 million oz. in both 1999 and 2000. The previo…
MINING MARKETS & INVESTMENT NEWS – U.S. MARKETS — Dow stable after mid-week dip
The Dow Jones industrial average dipped more than 200 points during the report period Jan. 20-26, though it recovered most of the loss in the last two days. The average finished down 30.64 points, or …
Azco options Malian ground
Azco Mining (AZC-T) has enlisted the aid of South African mining house Randgold Resources in exploring the Medinandi and Dandoko gold properties in western Mali.The major can earn a 60% interest in bo…
Kolwezi tailings convention signed in DRC
The Kolwezi tailings project in the copper belt region of the Democratic Republic of Congo (DRC) appears to be inching closer to production. America Mineral Fields (AMZ-T) and Anglo American of South …
TSE SHORTS (February 01, 1999)
Short positions outstanding at January 15, 1999Larger individual positions include:Abitibi-Consolidated 506,921, down 422,579; Alcan Aluminium 700,662, down 361,388; Anderson Exploration 204,890, up 1…