EuroZinc boosts resource
As part of a final feasibility study, EuroZinc Mining (EZM-T) has released new resource estimates for the past-producing Aljustrel project in Portugal.The Vancouver-based company hopes to revive Aljus…
Articles by Northern Miner Staff
Ecuadorian cuts high-grade mantos in Peru
Widely spaced drilling has returned strong gold values for Ecuadorian Minerals (EMC-T) at the Vetaspata property in southeastern Peru.Results from 12 of 19 core holes, totalling 1,750 metres, confirm …
Drilling extends Tulawaka
Partners Pangea Goldfields (PGD-T) and Northern Mining Exploration (MDN-T) are sizing up what could become Tanzania’s newest gold deposit.Recent drilling has extended the East zone to a depth of 160 m…
Sudbury Contact aims drills at Tonkin Springs
Drilling is under way at the Tonkin Springs gold property in the Battle Mountain trend of central Nevada.Sudbury Contact Mines (SUD-T), which acquired the option to earn a 60% interest in the project …
Mustang forms JV with Impala
Mustang Minerals (MMIN-C) and South African-based Impala Platinum Holdings are continuing to explore for platinum group elements at the River Valley intrusion in northern Ontario.The two recently sign…
Nickel production tapers off, demand steady
Nickel usage among top three consumers — U.S, Britain and Canada — has tapered off following a post-war high in 1948. The aerospace, automobile and construction sectors remain the largest consumers …
GREATEST VALUE TRADED, DEC. 8-14
Val($000s)HighLowCloseChangeAlcoa*N 680893 77.06 71.38 74.69 + 1.88…
Kubaka helps Russian production
Gold production in Russia between January and October was more than 250,000 oz. higher than in the comparable period of 1998, according to figures released by the country’s Ministry of Economics.About…
Writedowns take toll on Northern Orion
Northern Orion Explorations (NNO-T), further in the red following a series of writedowns attributed to its Mantua gold operation in Cuba, has arranged a refinancing with parent Miramar Mining (MAE-T)….
CORRECTION (December 20, 1999)
In our Dec. 13 issue, we reported that Mountain Lake Resources (MOA-V) must pay $470,700 over a 3-year period to the owners of the Klipgat diamond property in South Africa.Mountain Lake has optioned t…
Gold slides further still
Gold continued its slump as the Dow Jones industrial average climbed 53.52 points, or 0.5%, to 11,160.17 during the report period ended Dec. 14.The spot price slumped to US$280 per oz. on the Comex di…
Appeals court favours Freeport-McMoRan
A U.S. Court of Appeal has upheld an earlier ruling against an opponent of the giant Grasberg copper-gold mine in Irian Jaya, Indonesia, stating that the plaintiff, Thomas Beanal, failed to show that …