Blue Desert explores in Chile
An airborne geophysical survey has outlined a large chargeablity anomaly over the Enero property in Chile that partially coincides with a copper prospect.Blue Desert Mining (BDE-A) holds an option to …
Articles by Northern Miner Staff
OBITUARY — Andrew Troop
Andrew Troop, the former manager of Icon Syndicate, has died. He was 72.A native of Manitou, Man., Troop obtained his bachelor’s and master’s degrees, both in science, from the University of Manitoba….
First Quantum hits its stride at Zambian copper project
A US$30-million tailings retreatment operation in Zambia is now producing copper at full capacity, First Quantum Minerals (FM-V) reports.Situated at the site of the past-producing Bwana Mkubwa mine in…
METAL PRICES – Daily Metal Prices (April 06, 1998)
BASE METALS (London Metal Exchange-Midday bid/ask prices in US$ per tonne)DateMar. 31Mar. 30Mar. 27Mar. 26Mar…
LATIN AMERICA — Cerro Samenta dispute settled
A recently signed agreement between Mansfield Minerals (MDR-V) and Corriente Resources (CTG-T) has marked the end of a legal dispute over ownership of the Cerro Samenta copper property in Argentina.Th…
LATIN AMERICA — General Minerals expands size of Chilean porphyry, prepares for coming year
General Minerals (GNM-T) has expanded the area of known mineralization at its Escalones copper porphyry target in Chile, and hit promising precious metal values at a new target in Peru.At Escalones, G…
Bre-X action names Barrick
Claiming that Barrick Gold (ABX-T) knew as early as October 1996 that Bre-X Minerals’ Busang gold deposit was a hoax, lawyers representing shareholders in a class-action suit have named the gold produ…
Franco buys Stillwater royalty from Johns Manville
In the biggest acquisition in company history, Franco-Nevada Mining (FN-T) purchased Johns Manville’s last remaining royalty interest in the Stillwater platinum-palladium mine in Montana.The Toronto-b…
Semafo drills West African nickel and gold concessions
Semafo (SMF-T) has released encouraging results from recent drilling at its Kaloum, Jean-Gobele and Lopal concessions in Guinea and Burkina Faso in western Africa.At the Kaloum/Mount Kakoulima concess…
Dayton posts year-end loss
Increased gold production for Vancouver-based Dayton Mining (DAY-T) was no match for higher costs and lower gold prices in 1997.Dayton’s wholly owned Andacollo open-pit gold mine in Chile produced 91,…
Sulliden doubles resource
Sulliden Exploration (SUE-M) has upped its resource estimate for the Los Socavones epithermal gold zone on its 100%-owned Las Huaquillas property in northwestern Peru.The new estimate pegs Los Socavon…
Property writedowns keep TVX in red ink
Lower cash costs at several of its operations were not sufficient to prevent TVX Gold (TVX-T) from reporting a loss of US$50 million (or 36cents per share) for 1997.The medium-tier producer reduced to…