I would like to compliment The Northern Miner and the Southam Mining Group on their expanding coverage of global mining issues, especially projects elsewhere in the Americas. I have particularly enjoy…
An option to earn up to a 70% interest in 18 claims in Fox and Stimson twps. 45 miles northeast of the Kidd Creek operation near Timmins, Ont., has been negotiated by Noranda Exploration with Cross La…
Prompted by concerns about environmental impact of previous disposal practices, Ontario’s Ministry of Northern Development and Mines has commissioned a geotechnical assessment of soil and groundwater …
Semi-monthly reports as of Nov. 15, showed 36,786,868 shares of 593 issues compared with 38,169,498 shares of 570 issues on Oct. 31. Larger individual positions included: Amer. Barrick 273,674, up 29,…
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Nov. 24 Nov. 23 Nov. 20 Nov. 19 Nov. 18 Copper 1410-1411 1403-1404 1396-1397 1393-13…
As a result of weak demand in the worldwide steel business, Cyprus Minerals (NYSE) recently announced a temporary shutdown of its Thompson Creek primary molybdenum mine in Idaho. The operation employe…
Higher costs at the Red Lake mine, lower realized gold prices and lower revenues at Havelock Lime contributed to a 82% drop in earnings at Dickenson Mines (TSE) for the first nine months of the year. …
Undeveloped mineral deposits in British Columbia could be expropriated by the provincial government for exploration costs over the last five years if the recommendations of a recent commission of inqu…
Third-quarter earnings for Amax Gold (NYSE) took a turn for the worse, sliding to US$700,000 from US$5.4 million for the same period last year. Earnings for the nine months ended Sept. 30 were also lo…
The board of directors of Audrey Resources (TSE) has approved a $7.3-million underground exploration and development program for the 1100 lens at the Mobrun property near Rouyn-Noranda, Que. The progr…
Shaft-sinking at the Holloway gold project near Matheson, Ont., has reached a depth of about 45 metres, according to a progress report by operator Hemlo Gold Mines (TSE). Advancing at a rate of a few …
The Ray Complex, about 35 miles south of here, has been called a “rock-to-metal” operation. Owned by Asarco (NYSE), the complex encompasses mining and milling operations at the Ray mine site as well a…
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