Aur launches hostile bid for Cambior
Junior copper producer Aur Resources (AUR-T) has launched an all-share takeover bid for Cambior (CBJ-T) at a time when the ailing Montreal-based gold miner is weakened as a result of its failed hedgin…
Articles by Northern Miner Staff
Pacific Rim finds new gold zone at Luicho
Surface rock sampling at the Luicho gold project in southern Peru has enabled Pacific Rim Mining (PFG-T) to identify gold mineralization north of the main prospect area.The new discovery is in the Lui…
Copper grades improve at Tambo Grande
Initial results from a second round of diamond drilling at the Tambo Grande project in northern Peru are mixed, reports Manhattan Minerals (MAN-T).Although infill drilling of the TG-1 sulphide deposit…
Sulphide producers overtaking laterites at nickel game
The battle has barely begun, but a recent study by AME Mineral Economics shows that sulphide nickel producers are dominating the lower half of the production cost curve, besting the performance of the…
Western Copper cuts high-grade silver
A 4-hole drill program by Western Copper Holdings (WTC-T) has cut both “massive-sulphide-style” and “vein-style” silver-lead-zinc mineralization at the San Jeronimo project in central Mexico.Hole 3 te…
Minera Andes aims drills at Cerro Saavedra property
The new year is proving to be a busy one for Minera Andes (MAI-V), as it prepares to launch not one but two drilling programs at its Cerro Saavedra silver-gold property in the Patagonia region of sout…
Mustang pulls more PGEs from East Bull Lake
Junior Mustang Minerals (MMIN-C) has sunk another eight holes at its East Bull Lake platinum group metals property, 80 km west of Sudbury, Ont.This brings to 16 the number of holes drilled to date, wi…
Get rich quick . . .without making money
The mining industry has been a whipping boy for environmentalists and anti-mining organizations for the past decade, but a recent column titled “They get the gold, we get the shaft,” in The National P…
Pulling up stakes
A few decades ago, I was summoned to the manager’s office of the German company for which I was working and told to stake a large property north of Saint John, N.B. “Be very diplomatic on this project…
PEOPLE (January 24, 2000)
Gold Canyon — Dr. Wayne Ewert, appointed geological advisor.Nord Pacific — John Griffith, Jr., appointed acting CFO.Foran — Gorden Glenn appointed president, CEO and director.
SPOT PRICES, Wed. January 19, 2000
Precious MetalsPrice (US$/oz.)ChangeGold$288.75+$6.50Silver$ 5.10-$0.05…
Aur, Cambior active as junior pounces on sickly major
The big story over the Jan. 12-18 report period was the launch by Aur Resources of a hostile takeover bid for Cambior, the Montreal-based gold miner that was crippled last autumn by its own hedging pr…