Julietta mine to start up in fourth quarter
Only months after low gold prices forced the closure of its high-cost Refugio mine in Chile, Bema Gold (BGO-T) has announced a fourth-quarter startup for its 79%-owned, fully-financed Julietta gold-si…
Articles by Northern Miner Staff
Metals boom awaits global prosperity Bad governance fuels poverty
The recent slump in metals demand is taking a heavy toll on mining companies, and with Western politicians conceding that their economies may take longer to recover than expected, producers are hunker…
News – 10-SEP-01
Imperial suspends operations
The beleaguered Mount Polley mine in central British Columbia will close its doors in late September because of continuing low copper and gold prices.Imperial Metals (IPM-T) is suspending operations, …
The Northern Miner — North American Mining Index (September 10, 2001)
73.06 (-0.88)(Sept. 30/98 = 100)…
Dow dips below 10,000 mark
Denver — Growing market pessimism pushed the Dow Jones industrial average below the 10,000 mark, down 224.54 points, or 2.2%, to 9997.49 points during the report period ended Sept. 4. The Nasdaq drop…
Denison to manage cleanup
Denison Environmental Services, together with Innova Quest, will oversee the reclamation of the former Hope Brook mine site in southwestern Newfoundland.The companies were chosen from six proposals su…
Sustaining South African mining
South Africa’s mining industry has always been committed to sustainable development by balancing development with environmental considerations. The industry’s participation in both national and intern…
The Northern Miner — Small Producers Index (September 10, 2001)
43.73 (-0.73)(Sept. 30/98 = 100)…
‘Personal comment’ mars reporting
John Cumming wrote a detailed article on Gabriel Resources feasibility study of the Rosia Montana gold project in Romania (T.N.M., Aug. 20-26/01). His factually correct reporting of the study would ha…
Weak consumer confidence blocks rally
After rallying in the first few weeks of August, the major base metals markets gave up a substantial portion of their gains in the period Aug. 27-31. Long liquidation, accompanied by some fresh commod…
Diversification helps Cameco ride out weak uranium market
Uranium producers have had little to cheer about in recent years.Hopes were raised earlier this year when the U.S. government unveiled its proposed energy policy, which included an increase in the use…