COMMENTARY — Scrap bridges demand shortfalls
As is the case with other goods or commodities, scrap metal trading bridges the gap between domestic supply and demand. This gap is currently at its widest in the fast-developing countries of East, So…
Articles by Northern Miner Staff
LETTERS TO THE EDITOR — Industry needs dose of credibility
The recent collapse of Crystallex International gave the mining markets a shock that fundamental investment analysis could have prevented, saving investors millions and the industry another embarrassm…
GREATEST VALUE TRADED, June 17-23
ExchgVal($000s)HighLowCloseChangeBarrick GoldT270…
TSE INDICES (June 29, 1998)
1998June 23June 22June 19June 18June 17HighLowCom…
DIAMOND PAGE — Diavik pipe yields lower grade for Rio Tinto and Aber
Mini-bulk sampling at the Diavik Diamond project in the Northwest Territories has yielded mixed results.The 29-tonne, large-diameter, mini-bulk drill sample, which was collected from the A-11 North ki…
NEWS ROUNUP — Fjordland funds work program
Fjordland Minerals (FMI-V) has arranged a private placement with Canaccord Capital of up to 2.5 million units at 25 cents each, for gross proceeds of $625,000. Each unit will consist of one share and …
Eldorado streamlines La Colorada — Production levels rise as operating costs kept to minimum
With annual production steadily increasing and a cost-cutting program in the works, the La Colorada gold mining operation in Mexico’s Sonora state is being optimized in order to help Eldorado Gold (EL…
Corrections (June 29, 1998)
The 10-oz. Silver Maple Leaf coin recently pressed by the Canadian Mint has a face value of $50 and retails for $199.99. The coin is the largest legal tender coin ever produced in Canada. Incorrect in…
Gitennes defines Rio Suro with underground drilling
Junior Gitennes Exploration (GIT-T) has launched an underground drilling program on the Rio Suro zone at its Virgen property in northern Peru in an attempt to outline a proven reserve to a vertical de…
Falco, NAR drill targets in Zimbabwe — Program defines zone of massive sulphides
Drilling by partners Falconbridge (FL-T) and NAR Resources (NRL-M) at their Maramba project in northeastern Zimbabwe has defined a 4.5-km alteration zone containing significant copper-zinc-silver mass…
MINING MARKETS & INVESTMENT NEWS — Payment deferred
Olympus Pacific Minerals (OYM-V) has inked a deal with Indochina Goldfields (ING-T) to defer, for 12 months, $541,000 of a $641,000 payment due Sept. 11. The payment relates to Olympus Pacific’s acqui…
NEWS ROUNDUP — JNR sizes up Black Lake
Two spectrometers are being used to assess drill results from the Black Lake-Newnham Lake uranium project in Saskatchewan’s Athabasca basin.The project, part of a joint venture between JNR Resources (…