COMMENTARY — Congo is open for business
The mining potential of the Democratic Republic of Congo, though tremendous, has not been properly exploited.As a result of the lack of exploitation of our natural resources, we are experiencing pover…
Articles by Northern Miner Staff
METAL PRICES — Daily Metal Prices (August 11, 1997)
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateAug. 5Aug. 4Aug. 1July 31July…
Converse project shaping into large resource for JV partners
Drilling by Uranerz has almost doubled the gold resource at the Converse gold property in northwestern Nevada.A 25-hole drill program on the property, 180 km northeast of Reno, has now outlined 39 mil…
Newmont breaks record in quarter
Newmont Gold (ngc-n) is the first North American gold producer to have produced 1 million oz. in one 3-month period.During the second quarter, the company produced 1.03 million oz. It is now working t…
Cumberland ups holding in Meadowbank
Vancouver-based Cumberland Resources (cbd-t) has completed its previously announced acquisition of a further 40% interest in the Meadowbank gold project from Comaplex Minerals (cmf-t) (T.N.M., June 30…
Kasese Cobalt inks loan plan for plant
As the political situation in central Africa continues to stabilize, more Canadian-based mining companies are advancing projects, which is having the effect of rebuilding the region’s mineral industry…
Soup project canned in British Columbia
Based on results from this year’s drilling program, Vital Pacific Resources (vpr-v) has decided not to carry out a second phase of drilling at the Soup gold-copper property in northern British Columbi…
People — TENKE
Rudolf Mueller appointed director.
People — PARAMOUNT VENT.
Adrian Lungan appointed president; Paul Conroy appointed chairman; and Colin Orr Ewing appointed director.
People — BLACK HAWK
Ian Shaw appointed vp of finance and chief financial officer.
High Desert Minerals rolls in royalty interests
High Desert Minerals (hdr-v) has entered into a non-arm’s-length letter of intent to merge with Royal Hal, SLH and Gold Trend — private companies owned by Sean and Lee Halavais.The Halavaises are the…
People — BHP MINERALS
John Grubb appointed senior vice-president for Zimbabwe.