South-Malartic finds more gold at Croinor
Definition drilling by South-Malartic Exploration (MSU-M) continues to intersect gold at the Croinor project, 75 km east of Val-d’Or, Que.Earlier this year, the junior proved the existence of flat-lyi…
Articles by Northern Miner Staff
Sherritt doubles profits, repurchases debentures
Diversified conglomerate Sherritt International (S-T) saw earnings more than double during the second quarter, thanks to a strong operating performance and higher prices for nickel and oil.Sherritt po…
Sigma performance drags down McWatters
Disappointing operating results from the Sigma-Lamaque complex in Val d’Or, Que., have pulled gold miner McWatters Mining (MCW-T) back into the red.For the second quarter ended June 30, McWatters post…
Reefton gold project gets restart
After years of putting development of the Reefton Goldfields on the back-burner, Gold Resources and Development (GRD), based in Perth, Australia, has committed A$2.4 million to advancing a new gold mi…
Diavik gets water licence
Canada’s newest diamond project, the $1.3-billion Diavik mine in the Far North, has cleared the final permitting hurdle for construction and operation. Diavik is owned 60% by mining giant Rio Tinto (R…
In search of Peter McKenzie
I am looking for information on the late prospector Peter McKenzie, specifically his private life. Most of my information was acquired from the now-defunct Chibougamau Miners Newspaper, which was writ…
Producer and Dealer Prices (August 28, 2000)
Antimony: Mid-mkt US$1,750/t.Bismuth: Mid-mkt US$3.20/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$13.65-15.75/lb.Copper: Comex Sept. US$0.8575/lb.Indium: …
Harry Oppenheimer
Harry Oppenheimer, the South African billionaire who controlled the world’s diamond trade for more than a quarter-century, has died. He was 91.Oppenheimer was admitted to a Johannesburg hospital in mi…
Weak silver pulls down Hecla
Lacklustre silver prices forced Hecla Mining (HL-N) to post a loss for the second quarter — a situation made worse by asset writedowns and a quarterly dividend.The total loss amounted to US$18.7 mill…
Noranda, Codelco launch Rio Algom takeover
The copper wars that shook up the U.S. and Mexican mining scene earlier this year moved north during the Aug. 16-22 report period, as heavyweights Noranda and Codelco (Corporacion National Del Cobre d…
CDNX pulls out of summer slump
Canada’s junior exchange closed the week ended Aug. 22 on an up-note as all indices posted gains. The Canadian Venture Exchange composite index tacked on 37.25 points, or 1.1%, to finish the week at 3…
Gold Funds (August 28, 2000)
Gold Funds as of August 17, 2000Dynamic MutualCentral FundNet Value$12.78$5.42Price$7…