Sunshine boosts production forecast
Exploration at the Sunshine silver mine in northern Idaho has enabled Sunshine Mining & Refining (SSC-N) to increase production estimates to more than 5.2 million oz. in both 1999 and 2000. The previo…
Articles by Northern Miner Staff
AFRICA — Channel poised for busy year
Having fended off a hostile takeover bid by Etruscan Resources (EET-T) last summer, Channel Resources (GEYE-C) intends to continue work on its mineral properties in Burkina Faso, with some help from P…
Highland Valley falls victim to low metals prices
The Highland Valley copper mine in the Kamloops region of British Columbia is the latest casualty of poor commodity prices.The major decline in world copper prices over the past 18 months has forced t…
Manantial Espejo yields more gold, silver
Partners Black Hawk Mining (BHK-T) and Silver Standard Resources (SSO-V) have cut some impressive grades and widths at their Manantial Espejo gold-silver project in southern Argentina.Fourteen core ho…
Coeur completes study at Kensington
In a bid to improve the economics of the Kensington gold project in the Alaskan Panhandle, Coeur d’Alene Mines (CDE-N) has completed an optimization study that is expected to reduce production costs b…
Normandy attempts takeover of Great Central
DenverNormandy Mining (NDY-T) and a private Australian company, Edensor Nominees Proprietary, have offered to acquire all the remaining shares of Great Central Mines (GTCMY-Q) they do not already own….
LETTERS TO THE EDITOR — Infrastructure, not imagination, buoys high-technology industry
A recent editorial, “Ears to hear” (T.N.M., Nov. 23-29/98), commented on Premier Glen Clark’s efforts to launch British Columbia into high-tech industries. This reminds me of the proposal put forward …
SPOT PRICES (January 25, 1999)
Wednesday January 20, 1999Price (US)Week’s ChangeGold*$285.90-$2.30Silver*$ 5.13…
METAL PRICES (January 25, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateJan. 19Jan. 18Jan. 15Jan. 14…
MINING MARKETS & INVESTMENT NEWS – EASTERN MARKETS — Deadly copper price snuffs out Highland Valley mine
The biggest story during the report period ended Jan. 19 was the announcement that the low-grade, high-tonnage Highland Valley copper mine in British Columbia would close in May.The decision was made …
MOST ACTIVE ISSUES (January 25, 1999)
ExchgVol(000s)HighLowCloseChangeBarrick GoldT8330…
Cross Lake reviews program
Cross Lake Minerals (CRN-V) has completed the final three holes of a 6-hole drilling campaign at its Sheraton-Timmins polymetallic property near Timmins, Ont.Though all three failed to intersect signi…