News

It isn’t academic!

Sustainable development has certainly become the hot topic. During April and May 2002, Canada played host to two major mining conventions organized around the subject.First came the annual meeting of …


New e-mail for TNM (May 13, 2002)

The Northern Miner’s editorial department has a new e-mail address: tnm@northernminer.comFor circulation inquiries, please contact us at…


Gold Funds (May 13, 2002)

Gold Funds as at May 2, 2002Dundee Precious MetalsCentral FundNet Value$21.88$5.75Price$16.75$6.16…


Partners pull gold at El Limon

Vancouver — Sixty-forty partners Teck Cominco (TEK-T) and Miranda Mining (MRM-V) continue to define a zone of gold mineralization at the El Limon prospect in Mexico’s Guerrero state. The deposit is p…


Bloom defends article

In a letter to the editor that appeared last week, William Johnson claimed that my article “Fusion key step in fire assaying for PGEs” (T.N.M., Feb. 25-March 3/02) contained a plagiarism. I feel oblig…


The legend of Henry Levac

Henry P. Levac, a well-known woodsman in the Canadian exploration community, died recently. He was 75.Levac worked with dozens of geologists, engineers and geophysicists. In the field, he was renown f…


Mining deaths rise in South Africa

Ninety-four workers died at South African mines in the first quarter — 47% more than the 64 who died in the comparable period of 2001.Health and safety inspectors have responded by threatening to clo…


Hecla posts loss despite improved performance

Although gold production was up and cash costs were down at Hecla Mining (HL-N), the company still posted a loss for the three months ended March 31.Revenue of US$23.8 million translated into net earn…


BC mines generate profits

British Columbia’s mining industry earned $61 million in 2001, compared with a loss of $8 million in the previous year, according to a survey by PricewaterhouseCoopers.The survey notes that mining rev…


Barrick clears US$46m in quarter

The first quarter of the year was kind to most gold producers, including the company that probably suffered the least in gold’s prolonged slump.Barrick Gold (ABX-T) recorded a US$46-million profit for…


Breakwater’s output up

Mining of higher-grade pillars at the soon-to-be closed Nanisivik mine on Baffin Island resulted in higher production and a smaller loss for Breakwater Resources (BWR-T) in the first quarter.For the t…


Commerce Resources firms up Fir carbonatite

Vancouver — Drilling by Commerce Resources (CCE-V) in the Blue River area of British Columbia has confirmed the high-grade nature of the tantalum mineralization in the Fir carbonatite.Situated 10 km …


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