Higher metal prices and strong performances from its newest mines have propelled Falconbridge (FL-T) to a profitable first quarter.The company earned $109.5 million (or 60 per share) on revenue of $6…
Montreal-based Cambior (CBJ-T) has withdrawn from the Lac Dor project, a joint venture with junior McKenzie Bay International (MKBY-O).Under an agreement entered into last summer, Cambior was to have…
The Cheviot coal mine project, being pushed by Luscar and Consolidated Coals subsidiary Cardinal River Coals, is back in the environmental assessment process following last year’s Federal Court decisi…
If scientists knew more about how chemicals combine with each other, not only would they have greater control over chemical reactions; they would be able to produce chemical reactions never before pos…
In recent years, the mining press has been replete with stories about mine developments being stopped by special interest groups purporting to care for the environment. Indeed, these groups seem to ha…
There seems to be some confusion in The Northern Miner and within the investment community at large with respect to the term “layered intrusions.”In most cases, I see authors and investment commentato…
A unit of Glamis Gold (GLG-N) has filed suit against Bruce Babbitt, secretary of the Interior, the U.S. Department of the Interior and the Bureau of Land Management (BLM) after a legal opinion was use…
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Vancouver — Although the high-tech meltdown was tempered by a strong rebound, the report period ended April 18 will be remembered chiefly for its carnage. The Canadian Venture Exchange lost 375.37 po…
If the high-grade results of recent drilling are any indication, Noranda (NOR-T) may soon prove that Perseverance pays at its mining complex in the Matagami camp of northern Quebec.Perserverance is th…
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateApr. 18Apr. 17Apr. 14Apr. 13Apr. 12…
Writedowns in the fourth quarter of 1999 wiped out any earnings for Ashanti Goldfields (ASL-N).During the 3-month period, writedowns totalled US$233.1 million (or $2.08 per share). Before these writed…
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