More nickel deposits join feasibility pipeline
While it’s no match for the Voisey’s Bay ovoid in the grade department, the Ramu nickel-cobalt project in Papua New Guinea (PNG) could join the ranks of the world’s lowest-cost nickel producers ahead …
News
EDITORIAL & OPINION — COMMENTARY — Changes compel coal exporters
Since the devaluation of the Thai bhat in mid-1997, followed by the collapse of the emerging Asian economies, substantial changes have occurred in the competitive positions of the top coal-exporting n…
Tabakoto prefeasibility study positive — Mining plan envisions pit plus underground decline
A prefeasibility study of the Tabakoto gold deposit near Kenieba in western Mali concludes that the deposit can be mined profitably as a combined open-pit and underground operation.The study, commissi…
Royal Oak reports loss for third quarter — Writedown, low gold price take wind out of company’s sails
Continued weakness in the price of gold has led Washington state-based Royal Oak Mines (RYO-T) to revalue its assets at a gold price of US$300 per oz. and take an $86.4-million writedown on its mining…
PCS rakes in third-quarter profits
They may not have the glamour of gold or the allure of diamonds, but potash and phosphates are producing plenty of profits for Potash Corporation of Saskatchewan.The Saskatoon-based company reported n…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — TSE rebounds while producers have mixed week
Over the report period ended Nov. 17, the Toronto Stock Exchange 300 index overcame losses incurred in the previous week, with the broad market rising 1.3% to end the period at 6,337.78The TSE’s preci…
DIAMOND PAGE — High River posts profits
Lower costs and record production achieved by the New Britannia gold mine at Snow Lake, Man., have earned a third-quarter profit for High River Gold Mines (HRG-T).New Britannia, a 50-50 joint venture …
Northair drills for bulk-tonnage potential
Underground sampling of historic workings in the main Venturina target zone in northern Mexico has yielded gold-silver values higher than those reported from previous surface samples.International Nor…
River expects higher production
With another strong quarter under its belt, River Gold Mines (RIV-T) expects to surpass its 1998 production target for the Eagle River gold mine near Wawa, Ont.As of Sept. 30, the company had achieved…
Kinross Gold continues cost-cutting at mines
Low gold prices are taking their toll on Kinross Gold (K-T) despite ongoing efforts to slash production costs at existing mines in the Americas, Africa and Far Eastern Russia.The company reported a ne…
NAME CHANGE (November 23, 1998)
Thunderwood Resources (THS-T) and Joutel Resources (JTL-T) have to merged to create Thundermin Resources. Shareholders of Thunderwood will receive one share and one share purchase warrant of Th…
THE NORTHERN MINER — NORTH AMERICAN MINING INDEX (November 23, 1998)
108.50 (-1.95)(Sept 30/98 = 100)…