Negotiations at Giant begin again
The Canada Labour Relations Board has found that both Royal Oak Mines (TSE) and Local 4 of the Canadian Association of Smelter and Allied Workers (CASAW) bargained in bad faith during labor negotiatio…
Articles by Northern Miner Staff
Ruby gold mine ups production
Increased production is expected from the Ruby mine, a placer-gold deposit in Grass Valley, Calif. So far, about 47 tons ore averaging just over 0.2 oz. gold per ton have been produced from two new ar…
USMX encouraged by latest Dewey results
Drill results from the Dewey property in Idaho’s Thunder Mountain district continue to impress USMX. The NASDAQ-listed company optioned the property earlier this year and can buy it outright for US$5 …
Inco eyes Chilean copper projects
Following the recent bid by Lac Minerals (TSE) and Cyprus Minerals (NYSE) for a 51% stake in Chile’s El Abra copper deposit, Inco (TSE) has thrown its hat into the ring. At a meeting in Toronto, Inco …
Orvana drilling at Pederson property
The first four holes of a 15-hole reverse circulation program at the Pederson (formerly San Bernardino) project in Bolivia returned assays in line with surface and underground sampling. Orvana Mineral…
Westmin losses cut to $3.7 million
Limited production has resumed at the Myra Falls base metals mine near Campbell River, B.C. Westmin Resources (TSE) suspended production earlier this year because of a labor dispute which is still ong…
LETTTERS TO THE EDITOR — U.S. mining law reform needs
In a recent article in Time magazine on mine reform legislation in the U.S., the industry south of the border (along with the Canadian contingent of companies) was portrayed in a negative light. The r…
Base metal prices show stability
Reflecting an improved outlook in the general economy, some base metals appear to be entering a stable period. Mine producers, especially the high-cost ones, are seriously setting about reducing outpu…
Survey reveals Canadians want mining in Canada!
A survey suggests Canadians understand problems faced by the Canadian mining industry. The survey, by Decima Research, was commissioned by “Keep Mining in Canada” (KMIC), a group launched in September…
Cyprus, Amax merger approved
Shareholders of Cyprus Minerals (NYSE) and Amax (NYSE) have voted in favor of a merger. The new corporation is called Cyprus Amax Minerals Co. It becomes the second-largest copper producer in the U.S….
NEWS ROUNDUP — HudBay options Sask. copper bet
The exploration unit of Hudson Bay Mining & Smelting (TSE) has optioned a copper property in northern Saskatchewan from Copperquest (CDN). Previous work at the Knife Lake property outlined a zone of m…
NEWS ROUNDUP — Orex completes financing plan
Montreal-listed Orex Exploration (ME) has completed a financing agreement which will garner it $400,000. The company, based in Rouyn-Noranda, Que., will issue a million common shares and a million flo…