Alexis bets on Abitibi belt
Alexis Minerals (AMC-V) is betting on finding new base metal and gold deposits in Quebec’s prolific Abitibi mining…
Articles by Northern Miner Staff
Quadra secures contract miner for Robinson
Vancouver — An agreement with the Washington Group has allowed Quadra Mining (QUA-T) to secure contract-mining ser…
Northgate profits on Kemess South increases reserves at Kemess North
Vancouver – Higher prices for gold and copper increased Northgate Exploration’s (NGX-T) first quarter net earnings…
Kinross to stop development at New Britannia (May 10, 2004)
Faced with a diminishing orebody, Kinross Gold (K-T) and joint venture partner High River Gold Mines (HRG-T) have d…
Xstrata closes mothballed Windimurra
Despite current high vanadium prices, London-listed diversified miner Xstrata has confirmed the permanent closure o…
OSC recognizes CNQ as stock exchange (May 10, 2004)
The Ontario Securities Commission (OSC) has recognized the Canadian Trading and Quotation System (CNQ) as an offici…
Trading Summary (May 10, 2004)
Toronto’s gold stocks were alone in the red on Monday gaining 2.84 points, or 1.6%, to make 180.63 and end a string…
Nuinsco sizes up projects
Alcan to chop jobs (May 10, 2004)
Aluminum giant Alcan will slash 277 jobs at the Paris headquarters of Pechiney, with which it recently merged. The move is designed to ensure the Montreal-based company meets its target of saving US$350 million annually by the end of 2005.
Higher costs erode Placer Dome’s profits
Vancouver — Higher production costs, brought about by continued appreciation of foreign currencies against the U.S. dollar, trimmed
Editorial Cartoon (May 10, 2004)
Copper miners strike in Peru
About 1,350 workers at two mines operated by Southern Peru Copper, the country’s biggest copper miner, walked off the job for 48 hours in an effort to gain higher wages and an end to out-sourcing.