Exall losses mount in quarter
The continuing malaise in the gold market is taking its toll on junior producer Exall Resources (EXL-T).Net losses in the three months ended June 30 totalled $415,640 (or 2 per share) on revenue of $…
Articles by Northern Miner Staff
Caussa, Mountain Lake combine at Ventersdorp
Two Canadian-based mining companies are consolidating their land holdings in the Ventersdorp alluvial diamond camp in South Africa. Caussa Capital (CAU-T) and Mountain Lake Resources (MOA-V) say the c…
MEETINGS (September 11, 2000)
Sept. 12 Black Pearl — annual, specialSept. 12 McVicar Ltd. — annual, specialSept. 12 Patrician Cons. — annual, special; 10 a.m., 684 Farmbrook Crescent, Orleans, Ont.Sept. 12…
Antamina sets the bar in Peru
The Antamina copper-zinc project is breaking new ground in the environmental assessment and permitting process for mines in Peru.The $US2.3-billion project — one of the biggest mining developments in…
Placer Dome puts muscle into Marcopper cleanup
Despite holding a minority 39.9% interest in Marcopper Mining at the time of a 1996 tailings spill on Marinduque Island in the Philippines, Placer Dome (PDG-T) has shouldered the blame and borne 100% …
Elliot Lake’s mining legacy turns into asset
Elliot Lake, Ont., is a town built on uranium mining. When the mines closed, many feared the town would too. But they underestimated the efforts of community leaders who successfully marketed their co…
Wayside resets placement
Current market conditions have prevented International Wayside Gold Mines (IWA-V) from closing a previously announced private placement of 3 million units priced at 85 each.Instead, Wayside has arran…
Mining organizations intervene as CBD sues BLM
Several mining organizations have banded together to fight a lawsuit that threatens to hinder future development in the California Desert Conservation Area, where mining already takes place.The Centre…
Citizen involvement key to Ridgeway mine closure
Mining is an important economic engine in Canada, and that means that citizens living near mining camps are usually aware of a mine’s life cycle from exploration through closure. This is less true in …
Partners to drill Clearwater
Partners Eastmain Resources (ER-T) and Soquem, which is owned by the Quebec government, intend to begin drilling this week on their jointly held Clearwater gold property in northwestern Quebec.A progr…
Biological water treatment a success
Homestake Canada, a unit of Homestake Mining (HM-N), has developed a unique, 3-stage process to treat tailings water. The process has been used successfully at the company’s Nickel Plate gold mine, a …
New mine propels Antofagasta
Higher copper prices and the commissioning of the Los Pelambres mine in Chile have transformed London-based Antofagasta (ANFGF-O) into a low-cost producer.Los Pelambres, which entered production late …