BHP finds more pipes
Drilling on the Buffer zone claims in the Northwest Territories has uncovered two more kimberlite pipes, boosting to 28 the number found to date. Five targets have yet to be tested.The Buffer zone cla…
Articles by Northern Miner Staff
Ekati reaches production milestone
Production from the Ekati diamond mine in the Northwest Territories has surpassed 1 million carats.Also, in March, the mine produced 236,598 carats — not far off the monthly target of 250,000 carats….
Barrick sees ‘new era of growth,’ discovery adds lustre to Pascua
An intersection of 280 metres grading nearly 5 grams gold per tonne — starting at surface and not far from a major new mine — would send the shares of any junior company soaring through the roof, ev…
Meetings (May 10, 1999)
May 10, CamfloMay 10, Cdn. NaturalMay 10, Lucky StrikeMay 10, Vista GoldMay 11, AbsolutMay 11, ArcaMay 11, Curran BayMay 11, GenesisMay 11, Gulf CanadaMay 11, Inter-RockMay 11, LoricaMay 11, Marchmont…
Eldorado cuts costs, boosts production
Higher production at its Sao Bento mine in Brazil combined with the devaluation of that country’s currency has enabled Eldorado Gold (ELD-T) to improve its overall operating performance.The company pr…
Battle Mountain drills to boost Phoenix
Houston, Tex.-based Battle Mountain Gold (BMG-N) has launched a major drilling campaign at its namesake complex in northern Nevada in preparation for a draft environmental impact statement.The program…
Teck to raise gold-mining profile
Although Teck (TEK-T) has been a gold miner for 85 years, its diversification into copper, zinc, niobium and coal, has prompted recent concerns with analysts that the company is not realizing the full…
Companies (May 10, 1999)
America Mineral FieldsAnglo AmericanAquest MineralsArchon MineralsBarrick GoldBattle Mountain GoldBroken Hill ProprietaryCambiorDe Beers Consolidated MineDia Met MineralsEldorado GoldEuroZinc MiningGa…
METAL PRICES (May 10, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateMay 4May 3April 30April 29…
Cambior still in the black
Gold production was up and costs down for Cambior (CBJ-T) in the quarter ended March 31, enabling the Montreal-based miner to remain in the black.The company produced 164,200 oz. of the yellow metal d…
Greenstone revises gold reserves and resources
Greenstone Resources (GRE-T) has revised reserve and resource estimates for its La Libertad and San Andres gold mines in Nicaragua and Honduras, respectively.Proven and probable reserves at La Liberta…
PRODUCER & DEALER PRICES (May 10, 1999)
Antimony: Representative mid-market US$1,235 per tonne (April 27/99).Bismuth: Representative mid-market US$3.55 per lb. (April 27/99).Cadmium: Representative mid-market US$0.23 per lb. (April 27/99).C…