PEOPLE – SHANE
Michael Magrum elected director.
Articles by Northern Miner Staff
Redhawk raises funds for Remac project
To finance drilling at its Remac zinc project in southern British Columbia, Redhawk Resources (RDK-V) has arranged a $500,000 private placement of 400,000 flow-through shares and 100,000 non-flow-thro…
Panel approves Cigar Lake, Midwest
A federal-provincial panel has given its conditional approval to both the Cigar Lake and Midwest uranium projects in the Athabasca basin of northern Saskatchewan.The Cigar Lake project is operated by …
ODDS ‘N’ SODS — Divine intervention
In 1989, I was working as an exploration geologist in Canada but accepted an offer from an Italian mining company to spend a year in Zambia reviewing gold exploration licences. I had never been to a d…
STOCK MARKET — Western base metal issues take a beating — Winter blahs come early for composite, mining indices
The Vancouver Stock Exchange composite index stumbled again over the report period ended Nov. 18, dropping 57.24 points, or 7.6%, to close at 694.22. The mining index wasn’t any better off as it slid …
Cornucopia suspends mining at Mineral Ridge
Gold mining at Mineral Ridge in Nevada, which got under way less than a year ago, has been temporarily halted by owner Cornucopia Resources (CNP-T).Cornucopia says it is closing the mine for three mon…
Despite loss, Goldcorp proceeds at Red Lake
A 9-month loss for Goldcorp (G-T) has not dampened the company’s enthusiasm for expansion at its Red Lake operation in northwestern Ontario.Goldcorp’s losses for the nine months ended Sept. 30 were US…
Cyprus gives go-ahead for Cerro Negro
Cyprus Amax Minerals (CYM-N) will proceed with the development of the Cerro Negro copper project, adjacent to its Cerro Verde copper mine in southern Peru.The projected cost of developing Cerro Negro,…
Ivanhoe wins bid for Chambishi mine
Privately owned Ivanhoe Capital has been awarded a contract to reopen the Chambishi copper mine in Zambia.The company will become the joint-venture partner of Zambia Consolidated Copper Mines (ZCCM), …
Robust Falco weathers labor storm in Sudbury
Despite labor unrest at its Sudbury division, Falconbridge (FL-T) managed to post some hefty profits in the third quarter, while advancing several projects.The base metal titan earned $23.5 million (o…
COMMENTARY/GEORGE MILLER — Mining works for Canada
The author is outgoing president of the Mining Association of Canada. On the eve of his retirement from that Ottawa-based organization, he has written the following article at the request of Keep Mini…
EDITORIAL — Boosting mineral exploration — Miners love Manitoba
Gold prices may be in a slump and nickel prices barely breathing, but Manitoba is still pushing ahead with its goal to boost mineral exploration by 50% by the year 2000 from 1993 levels. At the same t…