CDNX starts month on positive trend
Canada’s junior exchange started July on a positive note, posting gains in all fields. The Canadian Venture Exchange index tacked on 42.47 points, or 1.2%, over the holiday-shorted week ended July 4 a…
Articles by Northern Miner Staff
Gold miners’ break-even costs break downward trend
A report by National Bank Financial shows that senior gold producers are able to keep their heads above water in a low-gold-price environment. The same cannot be said for mid-tier producers, which spe…
Vaaldiam eyes fissures
Vaaldiam Resources (VRL-V) is set to acquire the Zuurverdiend diamond property, in South Africa’s Northern Province, from De Beers Consolidated Mines (DBRSY-Q).Vaaldiam is already exploring four diamo…
Homestake doubles stake in Round Mountain
Homestake Mining (HM-N) will buy a 25% interest in the Round Mountain gold mine from Case Pomeroy (CASPA-O) for US$42.9 million. The mine is in central Nevada.The acquisition doubles Homestake’s inter…
Iamgold drills in Ecuador
After many months of groundwork, drills have begun turning at Iamgold’s (IMG-T) Retazos project in southern Ecuador.Over the past 18 months, the Markham, Ont.-based junior has assembled a dominant lan…
South Malartic hits more gold
Exploration drilling by South Malartic Exploration (MSU-T) at its Croinor gold project, east of Val d’Or, Que., continues to yield positive results.The junior has proved the existence of flat-lying, g…
Metal Prices (July 10, 2000)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)Aluminium1553/15751560.50/1580.501564/158…
Tracing the history of the Hope Bay deposits
The Hope Bay gold deposits are making news, yet the actual history of discovery has not been well-documented. I would like to set the record straight on the discovery of the Boston and Doris mineral o…
Nelson tables study for Taror, Chore
London-based Nelson Gold (NLG-T) has tabled a study calling for joint development of the Chore and Taror underground mines in Tajikistan.Nelson manages and holds a 44% interest in Zeravshan Gold Compa…
News – 10-JUL-00 (July 10, 2000)
People (July 10, 2000)
Southwestern Gold — W.D. Black appointed director.Hecla — William Booth, Ronald Clayton, Vicki Veltkamp appointed vp; John Stilwell appointed executive vp and CFO; and Lewis Walde appointed comptrol…
Reno to host blasting course
Some mining engineers and professionals will be heading to Reno, Nev., this fall to learn how to have a blast without gambling.They’ll be attending a course, from Oct. 13 to 14, on blast design and as…