News

Wolverine launches prefeasibility study

Expatriate Resources (EXR-V) and Atna Resources (ATN-T) will spend a total of $1 million on a prefeasibility study of their 60/40-held Wolverine massive sulphide deposit in the Yukon.The study will in…


Denison back in the black

With the McClean Lake uranium mine now in commercial production, Denison Mines (DEN-T) returned to the black last year, posting net earnings of $12.3 million, compared with a loss of $3.3 million in 1…



Ashanti gets refinancing, clears calls

A deal between Ashanti Goldfields (ASL-N) and its major creditors will allow the troubled gold mining company to develop its Geita gold project in northwestern Tanzania and clear margin obligations th…


The Northern Miner — North American Mining Index (February 28, 2000)


Inmet showing healthy profit

A successful fourth quarter has left Inmet Mining (IMN-T) with a significant profit in 1999, all without the aid of asset sales.Inmet earned $39.5 million (or 90 a share) on revenue of $116.6 million…


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 …


Normandy sets record

Producing more than a million ounces of gold in six months is good news for any mining company; even better news is when the production record is accompanied by record profits. Such was the case for N…


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…


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