William accelerates closure
Poor third-quarter results have prompted William Resources (WIM-T) to shut down its Brazilian gold mine earlier than expected.In mid-October, William announced that its problem-plagued Jacobina mine w…
Articles by Northern Miner Staff
MINING MARKETS & INVESTMENT NEWS — Cusil Venture completes IPO, Spectrum seeks suspension
Nevada Pacific Gold (NPG-V) has been called for trading on the Vancouver Stock Exchange on the condition that it publicly offer 3 million shares at 75 cents each.Proceeds from the offering will be use…
EDITORIAL & OPINION — GUEST COLUMN — Being heard on the Hill
On Nov. 24, more than 40 mining delegates from across Canada will travel to Ottawa to participate in Mining Day on the Hill. From CEOs of mining companies to mayors of mining towns, these delegates sh…
Losses begin shrinking at Campbell
The first nine months of 1998 have seen an improved financial picture for gold producer Campbell Resources (CCH-T), as falling expenses offset decreased revenues from gold production.In the three mont…
DIAMOND PAGE — High River posts profits
Lower costs and record production achieved by the New Britannia gold mine at Snow Lake, Man., have earned a third-quarter profit for High River Gold Mines (HRG-T).New Britannia, a 50-50 joint venture …
River expects higher production
With another strong quarter under its belt, River Gold Mines (RIV-T) expects to surpass its 1998 production target for the Eagle River gold mine near Wawa, Ont.As of Sept. 30, the company had achieved…
McWatters plans to produce at East Amphi
Based on a positive feasibility report by Flour Daniel Wright, McWatters Mining (MCW-T) plans to place into production the East Amphi gold project near Malartic, Que.The first phase of mining at the 1…
Low prices push Breakwater into red
Base metal companies are not having an easy time staying in the black in these days of low metal prices, and Breakwater Resources (BWR-T) is no exception.The company posted a net loss of $10.9 million…
BOOK REVIEW — Efforts of union organizer King recalled
Red Bait!:Struggles of a Mine Mill LocalBy Al King, with Kate BraidKingbird Publishing8096 Elliott StreetVancouver, B.C. V5S 2P2Red Bait!, written by Al King with the help of his editor and “vulgarity…
Mining proposals open for discussion
Proposals by the Ontario Securities Commission (OSC) and the Toronto Stock Exchange (TSE) designed to keep a tighter rein on publicly traded mining companies will be the focus of a conference to be he…
MINING MARKETS & INVESTMENT NEWS — Investment Commentary — Analysts see opportunity in slow startup
Mine startups are rarely bug-free, and it appears the newly launched Lihir gold mining complex in Papua New Guinea was no exception. Gold production has been lower than planned since commercial produc…
MINING MARKETS & INVESTMENT NEWS — QUERY — New Golden Sceptre under suspension
I own shares in New Golden Sceptre Minerals but have not been able to learn about that company. In fact, it has been over three years since I received any communication from them. The last address I h…