Marsfontein still producing
The Land Claims Court of South Africa has dimissed an application to halt activities at the Marsfontein diamond mine, reports SouthernEra Resources (SUF-T).The Ga-Magashula Community Trust had filed f…
Articles by Northern Miner Staff
Namibian slips into the red
Exceptional costs and fewer sales translated into a small quarterly loss for marine diamond miner Namibian Minerals (NMR-T).Losses in the three months ended Sept. 30 totalled US$665,000 (or 1 per sha…
HudBay explores BC find
Junior Eureka Resources (EUK-V) is awaiting the results of drilling carried out by Anglo American (AAUK-Q) affiliate Hudson Bay Exploration & Development on the Lottie Lake prospect in central British…
Fortune advances Mazenod Lake property
The summer drill program at the Mazenod Lake property of Fortune Minerals (FT-T), about 170 km northwest of Yellowknife, N.W.T., has confirmed earlier grade estimates and indicated some extensions to …
Titanium-sand beds extended
NAR Resources (NRL-M) has found an additional zone of titanium mineralization at the Truro heavy-mineral sands project in Nova Scotia.Known as the Southern Extension, the zone is a 2-km-long sand bar …
NRC and CAMESE publish report on suppliers
Natural Resources Canada (NRC) and the Canadian Association of Mining Equipment and Services for Export (CAMESE) have collaborated to publish an 84-page report on how mining suppliers contribute to th…
De Beers withdraws from bid
De Beers Consolidated Mines (DBRSY-Q) is withdrawing its takeover bid for Australia’s Ashton Mining now that rival Rio Tinto (RTP-N) has received acceptances for 51.89% of Ashton’s shares.De…
Ross Toms
Ross Toms, a prospector who discovered several major iron ore deposits in the Ungava district of northern Quebec, has died. He was 91.Toms was born in La Scie, Nfld., in 1910, and at the age 16, left …
Nothing new for Royal Oak
I am wondering if you have any information regarding Royal Oak Mines. I am one of those lucky investors still holding shares in Royal Oak. Do you know if any other company is planning to take over wha…
TSE Shorts (November 13, 2000)
Short positions outstanding at October 31, 2000Larger individual positions include: Abitibi-Consolidated 467,593 down 1,146,358; Anderson Expl. 1,413,879 down 348,438; Barrick Gold Corp. 11,…
Exchange Rates (November 13, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateNov. 7Nov. 6Nov. 3Nov. 2Nov. 1US…
Franco-Nevada sets record
A quarter that saw Franco-Nevada Mining (FN-T) lose out on a merger bid with South African mining house Gold Fields (GOLD-Q) still provided the gold producer with record earnings and revenue. Franco-N…