PRODUCER & DEALER PRICES (October 05, 1998)
Aluminium: LME settlements US$1,312.50, alloy US$1,128 per tonne (Sept. 29/98).Antimony: Representative mid-market US$1,320 per tonne (Sept. 29/98).Bismuth: Representative mid-market US$3.25 per lb. (…
Articles by Northern Miner Staff
Rubicon eyes Point Leamington deposit
Two letters-of-intent pave the way for Rubicon Minerals (RMX-V) to acquire the Point Leamington massive sulphide deposit near Grand Falls, Nfld.The deposit hosts an estimated resource of 13.2 million …
NEWS ROUNDUP — Electra finances tailings project
Electra Gold (ELT-V) has raised sufficient funds to begin processing tailings at a Newfoundland mill owned by Ming Minerals.The project hinges on a rental agreement with Eastern Meridian Mining (EME-A…
Princess picks up three licences in central China
China’s Ministry of Land and Mineral Resources has granted four gold exploration licences to the Chinese affiliate of Princess Resources (PRL-V).The affiliate, Princess Xinxiang Geological Mining, is …
DIAMOND PAGE — Buffalo Hills JV puts dense media plant on hold
Ashton Mining of Canada (ACA-T) and its partners in the Buffalo Hills joint venture have deferred construction of an on-site dense media separation (DMS) plant at their diamond project in north-centra…
WBH nets Inmet $50m
At a recent auction, Inmet Mining (IMN-T) sold its wholly owned Austrian tungsten producer Wolfram Bergbau-und Hutten (WBH) to a private European holding company. In return, the Toronto-based company …
Noranda spinoff pleases taxman
A positive tax ruling by Revenue Canada is allowing Noranda (NOR-T) to complete the divestment of its forestry and energy assets.Last year, Noranda changed its strategy by deciding to focus solely on …
OBITUARIES — Samuel Amukun
Samuel Amukun, exploration manager for Northwest Explorations, has died. He was 57.Born in Ngora, in eastern Uganda, Amukum obtained a science degree at Colgate University in New York state while on a…
EDITORIAL & OPINION — Environmentalists themselves a threat — Scaremongering
Notwithstanding a few notable exceptions, most self-described environmentalists are woefully ignorant of science. In fact, some are openly contemptuous of the discipline, which they blame for causing …
Canadian output of precious, base metals climbs
Canadian production of copper, nickel, lead, gold and silver increased between June 1997 and June 1998. However, output of non-ferrous commodities iron ore and asbestos was down over the same period.T…
LETTER TO THE EDITOR — Geostatistics blameless in mine failures
Your editorial and article implicating geostatistics in recent mine failures has it all wrong (“Challenging geostatistics” and “Recent History reveals trends in mine failures,” T.N.M., Sept. 28-Oct. 4…
NEWS ROUNDUP — High North bails out of Labrador
High North Resources (HNRI-C) has dropped its option to earn from Ungava Minerals (UNGV-C) a 50% interest in a 650-sq.-km copper-nickel property in northern Quebec.High North cites poor metals markets…