First Associates’ Poirier favours Glencairn
The following is the first in a series of articles concerned with the stock picks of a select group of mining analysts and newsletter writers who follow the junior retail mining sector closely. This w…
Articles by Northern Miner Staff
Hard to kill
“Prospectors foregathered to the number of about 150 in Toronto on Tuesday to form an association and to formally protest against the passage of the proposed Engineers Act. Organization was quickly pe…
Editorial Cartoon (March 08, 2004)
American Gold gains Metates
Vancouver-based American Gold Capital (AAU-V) has acquired the Metates gold-silver project in the Mexican state of Durango.The company issued 12 million shares for the acquisition, as required under t…
Fronteer raises $6m for exploration
Vancouver — Fronteer Development Group (FRG-T) intends to raise $6 million through a private-placement financing, with most of the proceeds earmarked for exploration in Labrador and Red Lake. The fin…
BHP Billiton inks Chinese steel deal
Anglo-Australian giant BHP Billiton (BHP-N) has signed a US$9-billion deal to ship some 12 million tonnes of iron ore annually to four of China’s top steel mills.The 25-year deal is BHP’s largest-ever…
Golden Goose ponders Magino options
Location matters in the mining industry, which explains why management of Golden Goose Resources (GGR-V) is tracking the pending closure of the Hemlo gold mines in Ontario.The company’s Magino gold pr…
Money matters for Mining Matters
The Mining Matters program, which teaches earth sciences to Ontario elementary school students, is trying to raise $75,000 this year, and so far has scraped together about $30,000.Created by the Prosp…
South Atlantic looks to purchase Zinkgruvan
Vancouver — South Atlantic Ventures (SAA-V) has inked a deal with Rio Tinto (RPT-N) to purchase the Zinkgruvan min…
Claude buoyed by gold and gas (March 05, 2004)
Stronger gold and natural gas prices helped Saskatoon-based Claude Resources (CRJ-T) cruise to a profit in 2003….
Southwestern raises $40.8 million
Vancouver — Southwestern Resources (SWG-T) has closed a bought deal financing worth $40.8 million through a syndic…
Trading Summary (March 04, 2004)
Toronto stocks dropped another 22.42 to 8,773.27 in directionless trading on Thursday. The gold index edged 0.69 of…