Alta pours gold at Griffon
Alta Gold (ALTA-Q) has poured its first gold at the Griffon heap-leach mine in Nevada’s White Pine Cty.When development began in July, reserves were deemed sufficient for only two years of mining. How…
Articles by Northern Miner Staff
Cyprus pulls through despite flat prices
Despite dwindling gold and copper prices, Cyprus Amax Minerals (CYM-N) landed in the black last year.The company earned US$69 million (or 54cents per share) on revenue of US$3.3 billion in 1997, compa…
Index (February 02, 1998)
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Boliden succeeds in bid to acquire Westmin — Lomas Bayas points to potential expansion in Latin America
Boliden (BOL-T) will conduct an in-depth analysis of the assets of Westmin Resources (WMI-T) following its successful takeover of the Vancouver-based mining company.Boliden says all conditions of its …
Companies (February 02, 1998)
Alta GoldAmax GoldAmerican ComstockExplorationApex Silver MinesArgentina GoldAtna ResourcesAurizon MinesBarrick GoldBattle Mountain CanadaBirch Mountain MineralsBolidenBreakwater ResourcesCaledonia Mi…
Aurizon gives thumbs-up to Casa Berardi — Exploration aimed at restarting past producer in Quebec
After completing a due diligence review of the Casa Berardi mine, management of Aurizon Mines (ARZ-T) has approved plans to acquire 100% of the mine complex, situated in the Abitibi region of northwes…
Atna ups tonnage at Wolverine
Atna Resources (ATN-T) and partner Westmin Resources (VMI-T) have announced a 17.5% increase in the in situ mineral resource of the Wolverine massive sulphide deposit in southeastern Yukon.The resourc…
STOCK MARKETS — HTSE golds zoom skyward with metal price — Base metals also better in generally buoyant market
Led by the banks and golds, the Toronto Stock Exchange 300 index rose 212.27 points during the report period Jan. 21-27, ending the week at 6721.72, or 3.26% over its level of the previous week.Tradin…
Energold gains Dominican land — Geophysical program planned for Longyear gold property
It has been a long time coming but Energold Mining (EGD-V) has finally been granted two key exploration concessions in the Dominican Republic.One of the properties, known as Longyear, adjoins the larg…
Rio Tinto plans share repurchase
British mining giant Rio Tinto (RTP-N) hopes to take advantage of depressed market conditions by buying back 10% of its shares.The move is intended to provide Rio with greater flexibility in managing …
Cyprus, Caledonia hit copper grades in Zambia
Drilling by its joint-venture partner has intercepted promising copper intersections at Caledonia Mining’s (CAL-T) Kadola property in Zambia.Cyprus Amax Minerals (CYM-N) has drilled 19 shallow holes o…
Lihir enjoys strong quarter
The startup of the sulphide circuit at the Lihir gold mine in Papua New Guinea translated into higher production and lower costs for Lihir Gold (LIHRY-Q) during the last quarter of 1997.Throughout Dec…