Union says no to Falco
The 5-week strike at Falconbridge’s Sudbury operations is showing no signs of ending.The union was presented with an amended offer on the Labour Day weekend, but on Sept. 5, the union’s leaders unanim…
Articles by Northern Miner Staff
Miners shine over long weekend
For the holiday-shortened week ended Sept. 5, the Dow Jones industrial average rose 45.51 points, or 0.4%, to close at 11,260.61 in light trading.Mining issues enjoyed gains as gold climbed back after…
LME Warehouse Levels (September 11, 2000)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept. 5/00 (change from Aug. 29 in brackets):MetalStock(tonnes)Change…
MOST ACTIVE ISSUES, Aug. 30-Sept. 5
ExchgVol(000s)HighLowCloseChangeWilliam ResT 13653 0.20 0.17 0.18…
Correction (September 11, 2000)
The Kolwezi tailings project in the Democratic Republic of Congo contains an updated resource of 112.8 million tonnes grading 1.49% copper and 0.32% cobalt. The project is held by America Mineral Fiel…
Record tonnage keeps Bema hopeful
Although lower gold production prevented Bema Gold (BGO-T) from posting a profit during the second quarter, the company hopes to reap the benefits of two consecutive quarters of record throughput duri…
Ontario invests millions to rehabilitate former mine sites
The Ontario government will spend $5 million this year to rehabilitate former mine sites and restore some of their productive use. The initiative is part a 4-year, $27-million program launched by the …
Golden Star adds to holdings in Ghana
Golden Star Resources (GSR-X) has consolidated its position around the Bogoso gold mine in Ghana by signing a letter-of- intent to acquire a 90% stake in the nearby Prestea property.South Africa’s JCI…
GeoNova eyes Bachelor Lake
For $4.75 million in cash and shares, Montreal-based junior GeoNova Explorations (GNE-M) is acquiring Ced-Or’s (COQ-M) interests in the Bachelor Lake gold mining complex.Situated in Quebec’s Le Sueur …
Northern Miner Indices (September 04, 2000)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T22.7ComincoCLT-T3.8FalconbridgeFL-T7.0Franco-Nevada MiningFN-T5.8Freeport McMoR…
NDT to explore Antana gold project
NDT Ventures (NDE-V) is drawing up plans to explore the Antana gold project in southern Peru.The bulk-tonnage, low-grade target is in Azangaro province, near the town of Juliaca. The concession measur…
Sunshine dims under cloud
Silver explorer Sunshine Mining & Refining has filed for protection under chapter 11 of the U.S. bankruptcy act.The company has proposed a plan of reorganization with the approval of its four largest …