HBM&S speeds up 777 schedule
A $360-million program of capital expenditures will see Hudson Bay Mining & Smelting bring its new 777 Deposit, at Flin Flon, Man., into production by 2004, and maintain mine production at Snow Lake.H…
Articles by Northern Miner Staff
DIAMONDS — Nora to boost stake in Namibian venture
A $2-million private placement will enable Nora Exploration (NXI-M) to boost to 60% its interest in the Namibian gemstones concession, the second-largest offshore marine diamond concession in southern…
Eastmain considers reopening Stratabound’s CNE
A deal between property holder Stratabound Minerals (AB-A) and Eastmain Resources (ER-T) could see mining resume at a small massive sulphide deposit in the Bathurst, N.B., mining camp.The agreement gi…
OBITUARY — Philip Malouf
Philip Malouf, who discovered what became one of the longest-living asbestos operations in North America, has died. He was 86.Malouf obtained an engineering degree from McGill University in 1935. Six …
Coal industry pushes for zero-emission energy
The Coal Association of Canada (CAC) has formed a joint venture with the Los Alamos National Laboratory in New Mexico to explore the technical and commercial feasibility of generating electricity from…
MINING MARKETS & INVESTMENT NEWS — NEWS ROUNDUP — Fortune sells Ontex shares
In order to focus on core projects, Fortune Minerals (ft-t) plans to sell 5.7 million shares of Ontex Resources (ONT-A) at 60 cents per share for proceeds of $3.4 million.The company has already secur…
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MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — Valerie among juniors to shine on VSE
The Vancouver Stock Exchange composite index edged up 0.73 of a point, or 0.2%, to close at 406.79 for the report period ended Sept. 21. The mining index tumbled 3.63 points, or 1.3%, to finish the we…
TSE INDICES (September 27, 1999)
1999Sep. 21Sep. 20Sep. 17Sep. 16Sep. 15HighLowCom…
METAL PRICES (September 27, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateSept. 21Sept. 20Sept. 17Sept…
Kiena drilling hints at extensions
A 9-hole drilling program by McWatters Mining (MCW-T) at its Kiena gold mine in northwestern Quebec has indicated possible extensions to the producing North zone.Six of the nine holes intersected sign…
Geomaque upgrades projects
Results from a series of 71 near-surface backhoe pits have added a strip of mineralization to the southern extent of the San Roberto zone at Geomaque Exploration’s (GEO-T) Vueltas del Rio gold deposit…