Symposium to focus on Arctic
The environmental impact of mine openings and closures will be a key theme of the sixth international symposium on Arctic mining, to be held in Nuuk, Greenland, from May 28-31, 2001.The event will als…
Articles by Northern Miner Staff
Eastern markets weak across the board
Interest rate fears, coupled with weakness in the technology sector, pulled the Toronto Stock Exchange down over the report period Sept. 20-26. The TSE 300 composite index fell 435.93 points, to 10,47…
Market dips third straight week
The Dow Jones industrial average continued its losing ways, slipping 157.97 points, or 1.5%, during the report period ended Sept. 26 to close at 10,631.32.The market is bracing itself for a rocky earn…
PolyMet exits JV with Rio Tinto
PolyMet Mining (POM-V) has dissolved its joint-venture agreement affecting the NorthMet polymetallic project in northeastern Minnesota with Rio Tinto (RTP-N), after the London-based major proved unwil…
Silver Standard gains Texas silver project
Silver Standard (SSO-V) has agreed to acquire a majority stake in the Shafter property in Texas.The junior will acquire 91.64 million shares (representing a 91.8% interest) of Silver Assets (cilv-o) f…
Partners find new target
Rock and soil geochemical surveys by Miramar Mining (MAE-T) and Hope Bay Gold (HGC-T) show indications of additional gold mineralization about 3 km south of the Boston gold deposit in Nunavut.The geoc…
Falco to shut down cobalt shipments
Nickel producer Falconbridge, now in the eighth week of a strike at its operations in Sudbury, Ont., has declared force majeure on contracted shipments of cobalt to consumers.The declaration, which is…
Annax hits best hole yet
Ongoing drilling at the Dairi zinc-lead project in North Sumatra, Indonesia, is returning encouraging results for International Annax Ventures (IAX-V).The most recent hole intersected 36 metres of mas…
Metals
Aurora Platinum (ARP-V), formerly known as Golden Sitka Resources, plans to kick off a 14-hole diamond drilling program on its Midrim platinum-palladium property, 25 km east of the northern end of Lak…
South Africa puts brakes on industry consolidation
Earlier this year, Franco-Nevada Mining (FN-T) described its proposed merger with Gold Fields (GOLD-Q) as a process similar to getting married. All seemed to be going well until the South African gove…
First drill results downgrade Luicho gold prospect
Results from the first four drill holes of a planned 70-hole reverse-circulation program on the highly touted Luicho gold prospect in southern Peru fell well short of market expectations for Pacific R…
Showing our mettle
Canada’s resource industries basked in a rare show of government support in mid-September, underscored by a push to improve market access for metals and minerals and forestry products in Europe. And s…