Canaco drills Lady Pond
Zinc and copper minerals are the focus of a drill program under way at the Lady Pond property, near Springdale, Nfld.Canaco Resources (CSE-M) is testing two parallel, 800-metre-long conductors that we…
Articles by Northern Miner Staff
IMF gold sales would harm struggling economies
The International Monetary Fund’s proposal to sell 10% of its gold to assist debt relief would harm, rather than help, some of the world’s poorest nations, says the World Gold Council.The New York-bas…
Winspear unveils Snap Lake results
The NW Snap Lake kimberlite dyke can no longer be said to have the richest per-carat values ever reported in the Northwest Territories. Results from the first half of a 6,000-tonne surface bulk sample…
BASE METALS — Foran expands McIlvenna Bay deposit — Exploration program targets gold-rich portion of stockwork
With an infill drilling campaign nearing completion, Foran Mining (FOM-V) is beginning a program of stepout work in an attempt to boost the tonnage of the McIlvenna Bay zinc-copper-gold deposit.The 13…
Index (June 28, 1999)
CareersClassifiedDiamond PageDrillersEditorialFacts’n’FiguresLetter to the EditorMarket PlaceMetal PricesMining Markets & Investment NewsOdds’n’SodsProfessional DirectoyStock MarketSubscr…
BASE METALS — Partners start work at Duck Pond — First phase to include 20-hole drilling program
In yet another illustration of the rebirth of exploration in central Newfoundland, a drilling program, now under way, could blow a decade’s dust off two base metal deposits that have been inactive sin…
CORRECTIONS (June 21, 1999)
A report, in our June 7 issue, on Major General Resources’ (MGJ-V) Hammerdown gold project contained incorrect information about the size of a recoverable gold resource. The Newfoundland project conta…
Careers (June 21, 1999)
Wabush Mines has an immediate opening at the site of its open pit and ore dressing complex in Wabush, Labrador, for the following:Mining EngineerReporting to the Chief Mining Engineer, the mine engine…
Bolivar to extend life of Tomi
During a 1-year preproduction and ramping-up period, the Tomi gold mine in Venezuela’s El Callao district processed and sold 30,000 oz. gold and generated revenue of US$8.6 million. The open-pit opera…
PRODUCER & DEALER PRICES (June 21, 1999)
Antimony: Mid-mkt US$1,270/t (June 15/99).Bismuth: Mid-mkt US$3.65/lb (June 15/99).Cadmium: Mid-mkt US$0.22/lb (June 15/99).Chromium: Recent trades US$60.00-90.00/t (June 15/99).Cobalt: Recent trades …
TSE INDICES (June 21, 1999)
1999Jun. 15Jun. 14Jun. 11Jun. 10Jun. 9HighLowComp…
GOLD FUNDS (June 21, 1999)
Gold Funds as of June 10, 1999BGRCentralNet Value$12.865.32Price$8.75$5.3…