Articles by Northern Miner Staff

Mining stocks weaken

U.S. stock markets edged lower in the reporting period July 21-27, and for the most part mining equities — in both precious and base metals — edged along with them. The Dow Jones Industrial Average was off 0.6%, falling 63.93 points to 10,085.14…


Drilling by Stikine hits ‘marker’ horizon

Vancouver — Deep drilling by Stikine Gold (SKY-V) at its Sullivan Deeps project, 4 km north of the Sullivan lead-zinc mine in southeastern British Columbia, has intersected an important geological “marker” horizon.


Lax safety standards cause death: report

A report from the U.S. Mine Safety and Health Administration says sloppy safety practices contributed to the death of Gary Keeton, 57, at the No. 7 coal mine in Brookwood, Ala. The mine is operated by Jim Walter Resources, a subsidiary of Tampa, F…


Falco flies high in Q2

Higher metal prices offset lower production and increased mining costs for Falconbridge (FL-T) in the second quarter, enabling the major to more than triple earnings to US$139 million.


Social imperatives

Long gone are the days of mineral exploration companies entering a region and operating with little to no social involvement on a local, regional or national level.


Securities reform tops agenda

Securities reform has been a major issue for the Prospectors & Developers Association of Canada (PDAC) since 2001, and remains a priority.


Price volatility expected for copper

Although copper recently lost its upside momentum, we believe downside risk to prices is limited beyond technical support targets because of sheer physical shortages and modest speculative length. However, high price volatility is likely to persis…



Starfield steps out at Ferguson Lake

Vancouver — Drilling by Starfield Resources (SRU-V) at the Ferguson Lake copper/nickel/platinum-group-metal project, 240 km west of Rankin Inlet in Nunavut, has confirmed the extension of mineralization along a major conductive…


Goldcorp fattens nest egg

Goldcorp (G-T) saw its second-quarter earnings nearly halved to US$9.2 million as the company withheld a third of its production to rebuild its bullion hoard.



Alcoa boosts output at smelter

Alcoa Aluminio, a wholly owned Brazilian subsidiary of Pittsburgh-based Alcoa, plans to boost its share of aluminum capacity by 30%, or 63,000 tonnes per year, at the Sao Luis (Alumar) aluminum smelter in Brazil.


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