CDNX posts gains on all fronts
Vancouver — With the mining index leading the way, Canada’s junior exchange posted gains on all indices during the report period ended Jan. 9. The Canadian Venture Exchange composite index tacked on …
Articles by Northern Miner Staff
Camafuca study recommends mining
The partners in the Camafuca diamond project in Angola have accepted a feasibility study that says initial mining of part of the weathered kimberlite resource can be profitable.The study, provided by …
Marine miner suffers setback
NamSSol, the first-generation seabed crawler of marine diamond miner Namibian Minerals (NMR-T), was damaged while being recovered from the seabed to the support vessel MV Kovambo.NamSSol was operating…
Aurora uses Inco data to pinpoint targets
Vancouver — Aurora Platinum (ARP-V) will pay Inco (N-T) for the use of data culled from more than 54,000 line km of proprietary electromagnetic and magnetic airborne surveys.Included in the package a…
Eldorado tables Kisladag study
Vancouver — In the aftermath of a 16,000-metre drilling effort, Eldorado Gold (ELD-T) has tabled a scoping study that envisions a 10-year mine life for the promising Kisladag gold property in western…
Metal Prices (January 15, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJan. 9Jan. 8Jan. 5Jan. 4Jan. 3Aluminium1581/1566.50…
First Point ups stake at Cacamuya
Vancouver — Breakwater Resources (BWR-T) has decided not to participate in the next exploration program on the Cacamuya low-sulphidation gold property in southern Honduras. As a result, First Point M…
Ashton closes placement
Ashton Mining of Canada (ACA-T) has topped up its treasury with the sale of just under 1.3 million units priced at 75 each. Proceeds are estimated at $940,000.Each unit consists of one flow-through s…
Freeport returns Grasberg to full capacity
Denver — Freeport-McMoRan Copper & Gold (FCX-N) has returned the Grasberg mine in Indonesia to capacity.Throughput at the giant copper-gold complex, situated in Irian Jaya, had been limited to 200,00…
Storliden deposit green-lighted
Swedish-listed North Atlantic Natural Resources, in which Boliden (BOL-T) and South Atlantic Resources (SCQ-V) each own a 38% equity stake, has resolved a dispute pertaining to the environmenta…
Testing the testers
In the recent evaluation of mineral industry standards, questions were raised about the reliability of assays. Now in its fourth year, The Proficiency Testing Program — Mineral Analysis Laboratories …
Obituary: C. Carbonneau
Cme Carbonneau, founding president of the Quebec Crown corporation Soquem and a former professor of geology at cole Polytechnique in Montreal, has died. He was 77.Born in November 1923 in Sainte-Foy…