1998


Novicourt still in the black

Copper prices are not what they were a year ago, yet Novicourt (nov-t) continues to post profits from its share of production at the Louvicourt mine near Val d’Or, Que.The Noranda subsidiary holds a 4…


Record gold production for Normandy

Australia’s largest gold miner broke several production records during its recently completed fiscal year.For the year ended June 30, 1998, Normandy Mining (NDY-T) produced 1.4 million attributable ou…




Cluff Lake to shut down at turn of century

Saying that uranium prices are too low to sustain mining, Cogema Resources has moved up the anticipated closure of the Cluff Lake mine in northern Saskatchewan.The mine is now expected to close at the…


Kimberlites discovered in Wyoming

A kimberlite deposit has been found in the Iron Mountain district of Wyoming, about 55 km northwest of Cheyenne.The garnets recovered from the kimberlite were classified as either G9 and G10 following…






CORRECTIONS (August 31, 1998)

In our Aug. 24-30 issue, we stated that the San Martin deposit of Mar-West Resources (MSR-V) had preliminary metallurgical recoveries ranging from 40% to 80% gold. The correct range is 70-80%.


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