Asarco joins Grupo Mexico
Asarco (AR-N) has terminated its merger agreement with Phelps Dodge (PD-N) and paid the required US$30-million breakup fee. The New York, N.Y.-based copper producer has instead accepted a cash proposa…
Articles by Northern Miner Staff
Starcore drills Samuels Lake
Partners Starcore Resources (SOE-V) and ProAm Explorations (PMX-V) have intersected more copper, nickel, cobalt and platinum group metals mineralization at their Samuels Lake property in northwestern …
Rio Narcea aims for growth through discovery
A strong commitment to exploration is beginning to pay off for Rio Narcea Gold Mines (RNG-T), owner and operator of the El Valle mine near this coastal city in Asturias province. Recent drilling has r…
PacMin advances Aussie gold project to feasibility
In advancing the Carosue Dam gold project to feasibility, Teck’s (TEK-T) Australian subsidiary, PacMin Mining (pml), is using the experience gained from its Tarmoola mine operations to control operati…
Cominco boosts Teck earnings
Teck (TEK-T) has posted a healthy third-quarter profit, buoyed by the contribution from its equity stake in base metal major Cominco (CLT-T).Teck earned $12 million (or 11 cents per share) on revenue …
NEW HORIZONS — Gold keeps explorer seeing 20-20
The National Aeronautics and Space Administration in the U.S. is developing artificial “muscles” containing gold components to aid in the exploration of space.The electronic muscles are being develope…
PEOPLE — X-Cal
D.W. Kappes appointed director.
PEOPLE — Westward
Jay Sujir appointed director.
Rapu Rapu project enters final stretch
The Rapu Rapu polymetallic project in the Philippines could well be economically viable, according to a preliminary feasibility study.The study, led by Signet Engineering of Australia, calls for minin…
PEOPLE — Thundelarra
Philip Crabb appointed president.
PEOPLE — West African Venture
Arlen Mifflin appointed director.
PEOPLE — Timpete
Michael Meyers appointed director.