Meadowbank enters prefeasibility stage
Cumberland Resources (CDB-T) has advanced its Meadowbank gold project in the Northwest Territories to the prefeasibility stage.Over the next five months, Mineral Resources Development Inc. (MRDI) will…
Articles by Northern Miner Staff
Canadian miners lend hand in hurricane clean-up
Mining companies operating in Honduras and Nicaragua escaped Hurricane Mitch with little damage and are now helping victims in those devastated countries cope with the aftermath.In Nicaragua, the stor…
Merks a betting man
The interim report of the TSE-OSC mining standards task force refers to the additive property of variances, but the president of the CIM geological society, Marcel Vallee, objects to applied statistic…
SPOT PRICES (November 16, 1998)
Wednesday November 11, 1998Price (US)Week’s ChangeGold*$293.60+$3.50Silver*$ 4.99…
GOLD FUNDS (November 16, 1998)
Gold Funds as of November 5, 1998BGRCentralNet Value$14.495.87Price$10.75…
DIAMOND PAGE — Trivalence reports snags at Aredor mine property
Although hampered by heavy rains and a high sand content, Trivalence Mining (TMI-V) managed to recover 4,783 carats of diamonds from its Guinean concession in the third quarter.More than 129,000 tonne…
Saskatchewan gold mine yields profits for Claude
The Seabee gold mine in Saskatchewan’s La Ronge district continues to generate operating profits for Claude Resources (CRJ-T).The Saskatoon-based company posted operating earnings of $1.8 million for …
Rio Narcea extends gold zone in northern Spain
Drilling at the El Valle mine in northern Spain is expanding high-grade gold mineralization in the recently discovered Sienna zone.The southernmost of the 13 holes that have penetrated the zone so far…
Gitennes outlines drill targets in Peru
Gitennes Exploration (GIT-T) has outlined two bedrock targets at its Azul joint-venture gold project in east-central Peru.The two targets, dubbed Negro and Yuyapichis, are near the upper portion of th…
Kennecott finds third kimberlite in Alberta
Kennecott Canada Exploration has intersected a third kimberlite body on the Legion property in northeastern Alberta while drill-testing the Dragon target.Kimberlite material was intersected at a depth…
Mountain Lake drills gold at Valentine Lake property
A first phase of drilling at the Valentine Lake gold property in central Newfoundland has returned encouraging results for operator Mountain Lake Resources (MOA-V).Mountain Lake is earning a half-inte…
Companies (November 09, 1998)
American CopperAnglogoldAntares Mining & ExplorationAnzex ResourcesAranlee ResourcesArgentina GoldArizona Star ResourceAscot ResourcesBalaclava MinesBarrick GoldBattle Mountain GoldBema GoldBlack Hawk…