Namco nabs Ocean Diamond Mining
The world’s second-largest producer of marine diamonds just got bigger. Namibian Minerals (NMR-T), or Namco, has acquired a 92% interest in Ocean Diamond Mining, a fellow marine producer based in Sout…
News
Meetings (November 08, 1999)
Nov 8 Camflo Nov 8 Capco Nov 8 Prophet Minerals Nov 8 Tertiary Nov 9 Agau Nov 10 Destiny Nov 10 Hayden Nov 10 KWG Res. Nov 10 Mustang Nov 10 Naneco Nov 10 Pacific Cons. Nov 12 Banro Nov 12 KRL Res. No…
Index (November 08, 1999)
CareersClassifiedCommentaryDrillersEditorialInvestment CommentaryMetal PricesPeopleProfessional DirectoyStock MarketSubscription ServicesSuppliers News Roundup50 Years Ago…
Breakwater moves into the black
[Editor’s note: A previous article, also entitled “Breakwater moves into the black,” was published in our Nov. 1-7/99 issue. It contained numerous errors, including the reporting of silver grades as g…
PRODUCER & DEALER PRICES (November 08, 1999)
Antimony: Mid-mkt US$1,150/t.Bismuth: Mid-mkt US$4.65/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65/t.Cobalt: Recent trades US$13.95-16.00/lb.Copper: Comex Dec. US$0.814/lb.Indium: Indiu…
Laguna picks up ground in Panama
Laguna Gold (LGC-T) has signed an exploration agreement with Australia’s Broken Hill Proprietary (BHP-N) to explore three properties in Panama.The junior can earn a 70% interest in the properties by s…
Echo Bay to reopen Lupin mine
The Lupin gold mine in Nunavut will be reopened following a shutdown that lasted nearly two years.Echo Bay Mines (ECO-T) will sink US$12 million into the mine over the next five months, mostly on staf…
PCS suffers massive third-quarter loss
A writedown relating to its nitrogen business combined with an overall decline in production and sales resulted in a massive third-quarter loss for Potash Corp. of Saskatchewan (POT-T).For the three m…
50 YEARS AGO/November 1949
This is the first in a series that marks notable events and developments in Canada’s mining past as reported by The Northern Miner 50 years ago.United Keno Hill surmounts Yukon obstacles…
Protesters urge rehiring of 3,000 miners — Failed deal, not greed, reason for Western Areas layoffs: Placer
South African miners recently staged a massive rally to protest layoffs by Placer Dome at its Western Areas joint venture.About 2,000 people gathered at a soccer pitch near Johannesburg in demonstrati…
Cortez boosts profits for Placer Dome
Increased production and lower costs at the Cortez gold mine in Nevada, combined with improvements at other operations, enabled Placer Dome (PDG-T) to post solid profits for the first nine months of t…
Altoro gears up to drill Pedra Branca project
Eyebrow-raising trench results, favourable geology and limited but enticing historic drill intercepts have whetted Altoro Gold’s (ATG-V) appetite for exploration at its Pedra Branca platinum-palladium…