NEWS ROUNDUP — Cardinal plans new coal mine
Plans are under way to build Alberta’s first coal mine since 1982. The Cheviot project will be developed at a former mine site south of Hinton at a projected cost of $250 million. Cardinal River Coals…
Articles by Northern Miner Staff
Joutel exploring in Cuba
Work is continuing on three of Joutel Resources’ (TSE) gold properties in Cuba. Programs are under way on La Zona Barita, in the Sierra Maestra concession near Santiago de Cuba; El Jaguey, in the Vido…
EDITORIAL PAGE — Two thumbs up for CANMET
Governments are always criticized for doing things wrong and rarely praised for doing things right. But one government initiative that clearly merits “two thumbs up” is the Canadian Centre for Mineral…
AECL report: Canadian Shield safe for nuclear waste burial
Nuclear waste can be safely buried in the Canadian Shield, according to a federal environmental impact statement. The report, based on 15 years of research by Atomic Energy of Canada (AECL), says spen…
BOOKS IN REVIEW — Kimberlites in British Columbia
Carbonatites, Nepheline Syenites, Kimberlites & Related Rocks in British Columbia, by Jennifer Pell. Published by the British Columbia Ministry of Energy, Mines and Petroleum Resources, Geological Sur…
Band-Ore acquires more Timmins properties
CDN-listed Band-Ore Resources recently acquired two properties near Timmins, Ont. In Denton and Thorneloe twps., the company acquired 20 leased and 120 unpatented mining claims from joint owners Homes…
NEWS ROUNDUP — Skyline drilling at Bronson Slope
In an effort to confirm both grade and tonnage, International Skyline Gold (TSE) is drilling a minimum of 3,500 ft. on its open-pittable Bronson Slope copper-gold porphyry deposit. Situated in the Isk…
Fidelity buys stock
Fidelity Management and Research, on behalf of several investment companies and institutional clients, has bought Agnico-Eagle (TSE) common stock. As a result, the Fidelity group now holds 12.3% of Ag…
Hemlo workers favor Steelworkers
Unionized workers at Hemlo Gold Mines’ Golden Giant operations in northwestern Ontario have rejoined the United Steelworkers of America. In June, the workers voted to decertify the union. In the lates…
Inco develops nickel foam
Nickel giant Inco has a new value-added product: nickel foam. In the research phase for the past two years, nickel foam has been under development at Inco’s Copper Cliff refining nickel circuit in nor…
NEWS ROUNDUP — Argosy, Fleck in joint venture
In an attempt to diversify, Argosy Mining (VSE) has formed a joint venture with Fleck Resources (VSE) to acquire a 60% interest in the Dunka Road copper-nickel deposit in Minnesota. To do so, Argosy m…
STOCK MARKETS — Higher bond yields drag down TSE
Strengthening bond markets had a negative impact on the Toronto Stock Exchange over the 5-day reporting period ended Oct. 25. The composite 300 index dropped 73.19 points to end the week at 4,242.77. …