Workers perish at Stillwater, Galena mines
Denver — An underground contract worker for Thyssen Mining Construction was killed at Stillwater Mining’s platinum-palladium mine in southwestern Montana.The miner was struck by underground mining eq…
News
Placer renews Madsen drilling (June 25, 2001)
Preliminary drilling by Placer Dome (PDG-T) has intersected a possible extension to the high-grade No. 8 zone at the historic Madsen mine, in northwestern Ontario.Four stratigraphic holes tested 975 m…
Province sinks Sydney Steel
The government of Nova Scotia expects to receive $9-14 million by selling off the remaining assets of Sydney Steel. However, the cost of tearing down the facilities in Sydney, N.S., and flattening the…
Snap Lake underground mine takes shape under De Beers
Snap lake, N.W.T. — The Canadian North comprises a vast region of lakes, rivers, Arctic tundra and, more recently, diamonds. With one mine already established and three others scheduled to come on-st…
Falco advances nickel projects
While dry laterite projects in Australia and elsewhere are generating the most news these days, laterite deposits amenable to traditional pyrometallurgical processing techniques are making a comeback …
Int’l Annax hot on Dairi
Vancouver — In North Sumatra, Indonesia, International Annex Ventures (IAX-V) is busy expanding its Anjing Hitam (“Black Dog”) zinc-lead deposit.The high-grade, sedimentary-exhalative massive sulphid…
News – 25-JUN-01 (June 25, 2001)
Guidelines too little, too late
Up until a year ago, Mary Meeker was the highest-rated technology analyst in America, the “Queen of the Internet,” and Wall Street’s number-one cheerleader for the “new economy.” While the good times …
Ownership discrepancy
We wish to clarify a discrepancy we have noted in several issues of The Northern Miner, most recently in the May 28-June 3 issue.The article about the Fort la Corne joint venture in Saskatchewan say…
Producers miss out on gold price ride
Pushed down by heavy losses in the high-tech sector, the Toronto Stock Exchange’s 300 index fell 391.91 points over the five trading days ended June 20, to finish at 7,702.87.The yellow metal clawed b…
Internet links east, west
Two web-based companies, Metal Smart and e-metalmarket.com, have joined forces to create an on-line marketplace that will allow major Chinese metal producers to market their products and order raw mat…
Spot Prices Wed. June 20, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$272.40+$0.60Silver$ 4.40+$0.01Platinum$580.00+$…