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Articles by Northern Miner Staff

News August 30, 2004

Defiance says adios Honduras

Proposed changes in Honduran mining regulations have prompted Defiance Mining (DM-T) to drop its option on the Zopilote gold property, in the western department of Santa Barbara.

News August 30, 2004

Cleveland Cliffs settles contracts

Iron miner Cleveland-Cliffs (CLF-N) says workers at four operations it manages have ratified 4-year labour agreements that call for a 9% wage increase over the course of the deals. The contracts expire Sept. 1, 2008.

Vaaldiam personnel sampling the Tumeleiro 3 kimberlite pipe at Pimenta Bueno. A 163-kg sample Rio Tinto collected from the pipe in the mid-1990s graded 17.84 carats per tonne.

News August 30, 2004

Vaaldiam hunts for Brazilian diamonds

A rejuvenated Vaaldiam Resources (VAA-V) has been busy these past eight months carrying out grassroots exploration on its Pimenta Bueno diamond property in Brazil.

News August 30, 2004

Rubicon expands zone at McFinley

Vancouver — Rubicon Minerals (RMX) has intersected more high-grade gold mineralization in the Phoenix zone of its McFinley project in Ontario’s Red Lake camp.

News August 30, 2004

Higher recoveries for Minera Andes

Vancouver — Metallurgical testing on material taken from the Huevos Verdes gold-silver vein in southern Argentina has resulted in encouraging recoveries for 49-51 partners Minera Andes (MAI-V) and Mauricio Hochschild &…

News August 30, 2004

Canadian Stock Exchange Indices (August 30, 2004)

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News August 30, 2004

Market rally pulls up miners

U.S. stock markets made a modest gain during the report period Aug. 12-24, with the Dow Jones Industrial Average rising 1.6% to 10,098.63 points and the S&P 500 index up 1.9% at 1,096.19.

News August 30, 2004

Noranda enjoyes profitable Q2

Noranda (NRD-T) is comfortably back in the black with second-quarter earnings of US$107 million, compared with a loss of $10 million for the corresponding quarter of last year.

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