Articles by Northern Miner Staff

Precious MetalsPrice (US$/oz.)ChangeGold$391.50-0.92Silver$5.210.00Platinum$758.00-4.00Pa…

A review by Arizona-based Mintec has boosted by 73% the proven and probable reserves at European Minerals’ (EPM.U-T) Varvarinskoye gold-copper deposit in northern Kazakstan.Based on a gold price of US…

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 24 (change from Nov. 17 in brackets):MetalStock(tonnes)ChangeAluminium1393200(+8…

as of 4 pm ET, Nov. 25, 2003(%)Bank of Canada3.00Target overnight rate2.75Canadian Prime4.50U.S. Discount Primary2.00U.S. Fed Funds market rate1.00U.S. Prime4.00LIBOR US$ 3-month1.17LIBOR US$ …

North American Mining: 102.60 (+1.34)Small Producers: 99.98 (+0.15)(Sept. 30/98 = 100)…

A stronger euro pushed operating expenses higher and ate into the earnings of Rio Narcea Gold Mines (RNG-T) during the 3-month period ended Sept. 30.Still, the company ended on the plus side with net …

Vancouver — Canico Resource (CNI-T) has appointed Barclays Capital and CIBC to arrange financing for its Ona-Puma nickel laterite project in Brazil’s Para state.Barclays and CIBC will set about secu…

Putting its unsuccessful bid for Ashanti Goldfields behind it, South African-based Randgold Resources says it is close to making a development decision on its promising high-grade Loulo gold prospect …

The latest target of Wheaton River Minerals (WRM-T) is expected to boost the company’s annual production by a quarter, but the promise comes at a considerable premium.Since mid-2002, Wheaton has spent…

African copper producer First Quantum Minerals (FM-T) has inked a deal that will see it take up grassroots exploration in the Chilean copper fields.The deal with private Chilean company MN Ingenieros …

Buyers overtook sellers over the Nov. 19-25 report period, pushing the Toronto Stock Exchange composite index up 84.95 points to a close of 7,822.34.Gold producers were not so lucky, as physical price…