Partners secure US$600m for Antamina project
Campania Minera Antamina, a Peruvian subsidiary held jointly by Rio Algom (ROM-T), Noranda (NOR-T) and Teck (TEK-T), has signed a commitment with an international banking syndicate for US$600 m…
Articles by Northern Miner Staff
More nickel deposits join feasibility pipeline
While it’s no match for the Voisey’s Bay ovoid in the grade department, the Ramu nickel-cobalt project in Papua New Guinea (PNG) could join the ranks of the world’s lowest-cost nickel producers ahead …
EDITORIAL & OPINION — COMMENTARY — Changes compel coal exporters
Since the devaluation of the Thai bhat in mid-1997, followed by the collapse of the emerging Asian economies, substantial changes have occurred in the competitive positions of the top coal-exporting n…
Tabakoto prefeasibility study positive — Mining plan envisions pit plus underground decline
A prefeasibility study of the Tabakoto gold deposit near Kenieba in western Mali concludes that the deposit can be mined profitably as a combined open-pit and underground operation.The study, commissi…
Royal Oak reports loss for third quarter — Writedown, low gold price take wind out of company’s sails
Continued weakness in the price of gold has led Washington state-based Royal Oak Mines (RYO-T) to revalue its assets at a gold price of US$300 per oz. and take an $86.4-million writedown on its mining…
PCS rakes in third-quarter profits
They may not have the glamour of gold or the allure of diamonds, but potash and phosphates are producing plenty of profits for Potash Corporation of Saskatchewan.The Saskatoon-based company reported n…
NAME CHANGE (November 23, 1998)
Thunderwood Resources (THS-T) and Joutel Resources (JTL-T) have to merged to create Thundermin Resources. Shareholders of Thunderwood will receive one share and one share purchase warrant of Th…
THE NORTHERN MINER — NORTH AMERICAN MINING INDEX (November 23, 1998)
108.50 (-1.95)(Sept 30/98 = 100)…
LME WHSE LEVELS (November 23, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Nov. 17/98 (change from Nov. 10 in brackets):MetalStocks (tonnes)Change…
PRODUCER & DEALER PRICES (November 23, 1998)
Aluminium: LME settlements US$1,296.50, alloy US$1,085 per tonne (Nov. 17/98).Antimony: Representative mid-market US$1,295 per tonne (Nov. 17/98).Bismuth: Representative mid-market US$3.20 per lb. (No…
DIAMOND PAGE — DIAMOND NEWS ROUNDUP — Arbitration delays Northbank
A dispute over compensation owed to the owner of the Northbank diamond property, operated by Trans Hex International (THI-T) in Namibia, will be taken to arbitration.The move will delay development of…
Careers (November 23, 1998)
We are a TSE-listed junior company located north of Toronto, with numerous active gold and base metal projects in Canada and overseas.INVESTOR RELATIONS MANAGERWe are seeking a proven, successful inve…