William tightens belt in Europe, South America
Mid-tier gold producer William Resources (WIM-T) is implementing an operating plan designed to trim its European output and suspend South American production.At its flagship Bjorkdal open-pit mine in …
Articles by Northern Miner Staff
Franco-Nevada picks up 25% of Inco VBN
Somebody, at least, is prepared to invest in nickel mining in Labrador: Franco-Nevada Mining (FN-T) has purchased just over 25% of the VBN shares of nickel producer Inco (N-T).The $50-million deal giv…
LETTER TO THE EDITOR — Run for ounces leads to downfall of mines
Having been involved in one of the recent mine failures — Grouse Creek in Idaho — mentioned in the excellent article by James Whyte (“Recent history reveals trend in mine failures,” T.N.M., Sept. 28…
GREATEST VALUE TRADED (October 26, 1998)
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MOST ACTIVE ISSUES (October 26, 1998)
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METAL PRICES (October 26, 1998)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateOct. 20Oct. 19Oct. 16Oct. 15…
Focal focuses on Nicaraguan properties
Focal Resources (FCJ-A) has completed a deal with High River Gold (HRG-T) to acquire three exploration properties in Nicaragua.The company now holds 100% interests in the Rio Siquia, Santo Domingo and…
Ottawa appoints valuator
Canada’s Department of Indian Affairs and Northern Development has appointed privately held Diamonds International Canada (Dican) as its official diamond valuator for the determination of federal and …
Rio Narcea expands search for Iberian gold
Drilling by Rio Narcea Gold Mines (RNG-T) has extended the known mineralization at the El Valle open-pit mine in northern Spain.Alberto Lavandeira, the company’s president, spoke at the Mining Investm…
Argentina Gold pulls hot values from Amable property
Argentina Gold (ARP-V) has tabled some impressive drill results from the Amable target on the Veladero project in San Juan province.Hole 80 returned 212 metres grading 3.67 grams gold and 47.71 grams …
General Minerals hunts for silver in western Bolivia
General Minerals (GNM-T) is returning to Bolivia, this time in search of silver.The Denver-based junior, known chiefly for its copper porphyry targets in Chile, has acquired 70.5 sq. km in the central…
MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — Argentina Gold glows in otherwise flat market
Western markets remained flat over the Oct. 14-20 trading period. The Vancouver Stock Exchange composite index remained virtually unchanged at 384.62, whereas the mining index dropped 3.12 points, or …