Imperial pulls plug on mine
Vancouver — In yet another blow to British Columbia’s beleaguered mining industry, Imperial Metals (IPM-T) will suspend operations at its wholly owned Mount Polley copper-gold mine, near Williams Lak…
Articles by Northern Miner Staff
News – 09-JUL-01
Ross Toms, Part II
“Perhaps I am stark crazy, but there’s none of you too sane;It’s just a little matter of degree.My hobby is to hunt out gold; it’s fortressed in my brain;It’s life and love and wife and home to me.A…
Randgold proposes buyback (July 09, 2001)
It’s not the kind of thing that happens often in the gold industry, but Johannesburg-based Randgold Resources has proposed a mandatory buyback of part of its issued capital.The company is offering to …
Knife pipe pegged at 6 ha
Based on the results of delineation drilling, together with ground geophysical data, the Knife kimberlite pipe in Nunavut is estimated to comprise a surface area of 6 ha.During spring drilling, the Ca…
Industrial slump drags down base metals
A small gain in lead prices prevented yet another across the board sweep lower in London Metal Exchange (LME) cash prices during the period June 25-29 as the rest of the base metals complex continued …
Asarco, union reach agreement
Denver — Asarco, a wholly owned subsidiary of Grupo Mexico, has reached an agreement with the United Steel Workers union over contract negotiations.The new, 3-year deal gives workers a wage increase …
The Northern Miner — Small Producers Index (July 09, 2001)
51.42 (-2.28)(Sept. 30/98 = 100)…
Sullivan tours mark closing
To mark the imminent closing of the century-old Sullivan lead-zinc mine, near Kimberly, B.C., Cominco has scheduled a series of talks.The event, scheduled for Nov. 9-10, will also feature tours of und…
Staff Investment Policy (July 09, 2001)
The Northern Miner does not permit any editorial employee to file stories about companies in which the writer owns shares. Editorial employees are also not permitted to take part in initial public off…
MABC celebrates centenary
The Mining Association of British Columbia (MABC) is celebrating its 100th anniversary this year, making it one of the oldest industry associations in the province. MABC President Gary Livingstone say…
Drilling proves up resource for Summo
Exploration drilling by Australian-based Matrix Metals at the Mt. Watson prospect, near Cloncurry in Queensland, Australia, has outlined a resource that could significantly extend the life of Matrix’s…