Articles by Northern Miner Staff


Gresik smelter starts up

Freeport-McMoRan Copper & Gold (FCX-N) has sold its first batch of copper cathode from the Gresik smelter and refinery in Java, Indonesia.The smelter is operated by P.T. Smelting, which is 70%-control…


Asarco agrees to pay penalty

Asarco (AR-N) has agreed to pay US$5.5 million in environmental penalties without admitting wrongdoing.The company has also committed to spend US$2.2 million for additional cleanup projects at its ope…


Production record for Sherritt’s metals division

Following a $72.3-million writedown on the carrying value of its oil-and-gas assets in Cuba and Italy, Sherritt International ended last year in the red. (After tax, the value of the oil-and-gas write…




Asarco options Escalones from General Minerals

General Minerals (GNM-T) has optioned the Escalones copper-gold project in central Chile to Asarco (AR-N).Subject to due diligence, the major can earn a 60% interest in the project by paying all explo…




Valerie drilling at Estrella

Junior Valerie Gold Resources (VLG-V), one of the Lang Mining Group of companies, is exploring the formerly producing Estrella property in the western Mexican state of Nayarit, 140 km southeast of Maz…


CORRECTION (May 03, 1999)

In our March 15 issue, we incorrectly stated that that certain executives of Kit Resources (KIT-T) had disposed of their options, when in fact they cancelled them.John Zigarlick was actually granted 1…



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