Monopros drops Victoria Island project
Despite the discovery of several diamondiferous kimberlites on the Victoria Island property in Nunavut, Monopros, the Canadian exploration arm of De Beers Consolidated Mines (DBRSY-Q), has elected to …
2000
Trans Hex reports loss
Exploration by Trans Hex International (THI-T) in Africa and South America continued apace in the last three quarters of 1999, despite an operating loss of $700,000 and a protracted ownership dispute …
Codelco rethinks plan at Chuqui
The Chuquicamata porphyry copper mine is now in its 85th year and is said to have sufficient reserves to last an additional quarter of a century. On a recent site visit, The Northern Miner observed th…
Saskatchewan potash helps feed the world
Canada’s status as the leading potash producer in the world is secure for the next century, perhaps even the next millennium, judging by the sheer extent of existing reserves and resources underlying …
Phone, fax or mail
While the mining industry and its associations do little or nothing, twenty environmental groups are mobilizing their members and the general public to support Environment Minister David Anderson’s pr…
Nickel holds firm in soft markets
Base metals markets remained soft for the week ended Feb. 18. Aluminum, lead and tin continued to trend lower, while copper and zinc remained close to the bottom of their recent trading ranges. Nickel…
LME WHSE LEVELS (February 28, 2000)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb. 22/99 (change from Feb. 15 in brackets):Aluminium860825(+16600)…
Tiberon outlines anomaly
Surface sampling by Calgary-based junior Tiberon Minerals (TBR-V) has outlined a tungsten-bismuth-copper gold target at the Nui Phao property in northern Vietnam.Chip sampling on the southeastern slop…
River, Vencan end legal dispute (February 28, 2000)
A long-standing dispute over the profitability of the Edwards gold mine, near Wawa, Ont., has been settled.River Gold Mines (RIV-T) has paid Vencan Gold (VCG-M) $1.5 million in cash and a 3% net smelt…
Glamis posts resource
Based on results from recent exploration drilling, Glamis Gold (GLG-N) has concluded that the existing resource at the Cerro Blanco gold-silver project must be expanded before it can be advanced to th…
Band-Ore ties up discovery
Three northern Ontario prospectors have dealt a new diamond discovery east of Wawa, Ont., to Band-Ore Resources (BAN-T), and work on the property is scheduled to start shortly.Band-Ore is issuing 1.5 …
Writedowns erase Rio’s otherwise profitable year
A healthy combination of stronger copper prices, higher production and lower cash costs allowed Rio Algom (RIO-T) to end an otherwise mixed year on a high note.In 1999, Rio chalked up $184 million in …