Articles by Northern Miner Staff

North American Mining: 111.01 (+2.62)…

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, March 30 (change from March 23 in brackets):…

CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)…

March 24-30 was a generally good reporting period for U.S. markets, but no more so than among the metal producers. Both major market indices advanced, with the Dow up 3.2% and the S&P 500 up 3%.

Vancouver-based Cumberland Resources (CLG-T) reports that preproduction capital costs at its Meadowbank gold project in Nunavut will likely exceed $350 million.

Aurora Platinum — William McCartney appointed director.

The College of Eastern Utah has dropped its mining program after 30 years, owing to declining enrolment and state legislature-inflicted budget restrictions.

The Ontario Court of Justice in Sudbury has levied a $375,000 fine against Inco (N-T) nearly three years after the death of Gordon Heffern at the Copper Cliff nickel refinery.

Precious MetalsPrice (US$/oz.)Change…

Drilling by First Narrows Resources (UNO-V) has intersected encouraging gold mineralization at the Golden Ridge property in southern New Brunswick.

A prototype of the world’s first remotely operated “keyhole” underground mining and dredging system will be built later this year in an attempt to exploit precious metals deposits in water-logged, sandy environments such as river beds and undergro…

Vancouver — Grandcru Resources (GR-V) can earn up to a 70% interest in Atna Resources‘ (ATN-T) Clover gold project in Elko Cty., Nev.