Breakwater suspends milling at El Toqui mine
Milling operations have been temporarily suspended at the El Toqui zinc mine in southern Chile while operator Breakwater Resources (BWR-T) implements a development and optimization plan.During the 3-m…
Articles by Northern Miner Staff
World Wide puts Dornod project on hold
Weak uranium prices have prompted World Wide Minerals (WS-T) to place the Dornod project in Mongolia on hold.The project is owned by World Wide’s 58%-owned subsidiary, Central Asia Uranium Company (CA…
Rubicon cuts massive sulphides
Diamond drilling by Rubicon Minerals (RMX-V) has intersected massive sulphide mineralization at the Seal Bay property in northeastern Newfoundland. Two thousand metres were drilled in a 1-km-long-by-7…
DIAMOND PAGE — Ashton unimpressed with Buffalo Hills sample
Disappointed by results from a mini-bulk sample, Ashton Mining of Canada (ACA-T) has suspended sampling work at kimberlite K-91 on the Buffalo Hills project in north-central Alberta.A 35.87-tonne samp…
DIAMOND PAGE — Archangel dispute goes to arbitration panel
Another mining venture in the former Soviet Union has found its way to international arbitration proceedings.Archangel Diamond (AAD-V) filed a request with a Swedish arbitration institute in a dispute…
Glamis posts shakey profit
Glamis Gold (GLG-T) tightened its belt and boosted efficiency to squeak out a profit of US$203,000 (or 1 cents per share) during the first six months of 1998.Quarterly results were not as positive. Th…
Companies (August 17, 1998)
Alberta EnergyAmerica Mineral FldsAnglo AmericanArchangel DiamondAriel ResArmada GoldAshton MiningAtna ResAurizon MinesAuspex MinBanff ResBanro ResourceBreakwater ResBYG Natural ResCaledonia MinCeltic…
Gitennes proves up deposit
Determined to define reserves to a minimum vertical depth of 150 metres, Gitennes Exploration (GIT-A) is pulling encouraging results from underground drilling at the Virgen property in northwestern Pe…
Depressed metal prices erode Noranda earnings
Though still in the black, Noranda (NOR-T) saw its second-quarter earnings dip by more than 50%.For the three months ended June 30, the major earned $28 million (10 cents per share) on revenue of $1.5…
HBM&S launches program at Chisel North zinc deposit
Hudson Bay Mining & Smelting has announced a $17-million underground development program at its Chisel North zinc deposit near Snow Lake, Man.The company plans to drive a 2.6-km decline from the 140-m…
SUPPLIERS NEWS ROUNDUP — Agnico-Eagle unloads Cobalt mill
Agnico-Eagle Mines (AGE-T) has sold its Pell mill site in Cobalt, Ont., to the Canadian subsidiary of East Hampton, N.Y.-based Sabin Metal. Privately held SMC Canada picked up the former mill for an u…
Partners cut production costs at New Britannia
Partners High River Gold Mines (HRG-T) and TVX Gold (TVX-T) report a drop in cash costs at their equally owned New Britannia gold mine in northern Manitoba.The underground operation turned out 24,660 …