Drilling resumes at Meadowbank gold project
A staged $1.5-million program of drilling and surface exploration is under way at the Meadowbank gold property, near Baker Lake, Nunavut.Cumberland Resources (CBD-T) is focusing on showings discovered…
Articles by Northern Miner Staff
EVENTS (May 08, 2000)
May 8-13 McGill University (Dept. of Mining and Metallurgical Engineering) — “Geostatistical Simulations for the Mining Industry.” Frank Dawson Adams Building, Montreal, Que. Contact Norma Porcyshyn….
Deep inside the Pioneer
I once accepted an invitation to tour the Pioneer underground mine in British Columbia; it was my first experience with a shaft operation.Mac Hunt and I left the mine dry and crossed the access road t…
Kinross awash in red ink
Stagnant gold prices have forced Kinross Gold (K-T) to chalk up another quarterly loss.Net losses for the first three months of 2000 totalled US$7.8 million (or 3 per share) on revenue of US$70 milli…
Pierina, Goldstrike power Barrick’s quarter
On the back of excellent contributions from the Pierina mine in Peru and the Goldstrike property in Nevada, juggernaut Barrick Gold (ABX-T) has posted stronger-than-expected results for the first quar…
Mining: the year in review
Nineteen ninety-nine was both difficult and disappointing for British Columbia’s mining industry: two mines closed and no new mines were opened. Moreover, mineral exploration spending plummeted dramat…
MOST ACTIVE ISSUES, April 26-May 2
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Producer and Dealer Prices (May 08, 2000)
Antimony: Mid-mkt US$1,095/t.Bismuth: Mid-mkt US$3.85/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$16.35-17.50/lb.Copper: Comex May US$0.8175/lb.Indium: In…
Medinah gets mixed results in Chile
Follow-up drilling on a hot hole at the Alto de Lipangue gold-copper property in central Chile has returned mixed results for Medinah Mining (MDHM-O).Hole 8, drilled in late December 1999, intersected…
50 YEARS AGO/MAY 1950
Base metals soar on demandBase metal prices were the highest ever, staying “in line with the buoyant state of business activity,” including record U.S. steel production and housing construction. Price…
Russian diamond sector makes headway
Diamond giant DeBeers Consolidated Mines has submitted a proposal for a feasibility study for what could become the world’s largest diamond mine.The Lomonosov project, in the Arkangel’sk region of nor…
Breakwater grows again with acquisition of mines Investment Commentary
What a difference a decade makes. Breakwater Resources (BWR-T) didn’t have an easy time breaking into the zinc business during its first attempt in the late 1980s. Now it’s winning accolades from mini…