Niobec reserves grow again
Lower production costs and a higher recovery rates have allowed equal partners Cambior (CBJ-T) and Mazarin (MAZ-T)…
Articles by Northern Miner Staff
Trading Summary (October 07, 2002)
Toronto’s Utility sector was alone in the black at the end of trading on Monday, but just barely as it edged up jus…
Bema eyes EAGC
Vancouver-based junior Bema Gold (BGO-T) has agreed to merge with fellow Vancouverite EAGC Ventures (YEV-V), former…
Anooraq rides bulk tonnage find
Vancouver — The Bushveld igneous complex has been long known to host high-grade platinum group metal deposits but…
Namco records record production
Marine diamond miner Namibian Minerals (NMR-T) produced a record 117,050 carats of diamond during the recent third…
Afri-Can tops up Block J stake (October 07, 2002)
With a final payment of $125,000 to its Australian partner, Woduna Mining Holding, Afri-Can Marine Minerals (AFA-V) has boosted to 70% its interest in the Block J marine diamond concession, 105 km nor…
Goldsmithing in South Africa
AngloGold recently hosted a goldsmith training project in conjunction Electra Mining 2002, an exhibition held in Johannesburg. The highlight of the project was a visit from Bakary Yali, a Malian golds…
Barrick cuts forecast, shares plunge (October 07, 2002)
A double whammy of lowered earnings expectations and a sagging bullion price sent shares of Barrick Gold (ABX-T) reeling on Sept. 26.The company’s issue opened the day $2.42, or 8.6%, lower in Toronto…
Study clears hurdle for Glamis’s El Sauzal
A new optimization study appears to have improved the economics of the wholly owned El Sauzal project of Glamis Gold (GLG-T).El Sauzal sits atop steep, rugged, mountainous terrain in the southwestern …
Reed to speak at Ontario Club
Geophysical consultant Laurie Reed will discuss the Selbaie mine at a meeting of the Toronto Geological Discussion Group Oct. 22 at the Ontario Club in Toronto.The mine, situated near Villebois in nor…
LME Warehouse Levels (October 07, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Oct. 1 (change from Sept. 24 in brackets):MetalStock (tonnes)ChangeAluminium1290050(-…
Hecla revises ’02 forecasts
With its operations still exceeding expectations, Hecla Mining (HL-N) has once again increased its production forecast for the current year.The Coeur d’Alene, Idaho-based silver miner now expects to h…