Sulliden outlines geochem targets at Shahuindo (November 10, 2003)
Reconnaissance soil geochemistry by Sulliden Exploration (SUE-T) at the Shahuindo property in Cajamarca department,…
Articles by Northern Miner Staff
LME Warehouse Levels (November 10, 2003)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 3 (change from Oct. 27 in brackets):MetalStock(tonnes)ChangeAluminium1373775(+20…
Canadian Stock Exchange Indices (November 10, 2003)
DateNov. 3Oct. 31Oct. 30Oct. 29Oct. 28HighLowTSX Composite7843.477772.707739.417730.48…
Newmont’s profits take flight in 3rd quarter
Vancouver — Higher bullion prices enabled Newmont Mining (NEM-N) to post dramatically higher profits for the third quarter.The Denver-based company earned US$114.4 million (or US28 per share), compa…
Placer Dome earns less on higher output
Vancouver — Despite record production and strong operating cash flow in the third quarter, Placer Dome (PDG-T) suffered a loss in profits, owing to a derivatives expense.The major earned US$21 millio…
Linear takes on MIM projects (November 10, 2003)
Linear Resources (LRR-V) has closed its acquisition of Australian miner MIM’s Central American exploration projects, giving the Halifax-based explorer a presence in Mexico, Panama and the Dominican Re…
Review may urge World Bank to halt mining finance
A report now being prepared by an outside review committee will recommend significant changes to the way World Bank agencies fund projects in the resource industries, The Northern Miner has learned.Th…
Aurelian aims drills at Condor
Vancouver — Aurelian Resources (ARU-V) has launched a 1,500-metre drill program at the Condor gold project in southeastern Ecuador.The junior is currently testing the vertical extent of mineralizatio…
Junior exchange soars to new highs
Vancouver — Canada’s junior exchange surged forward over the week ended Nov. 4 as resource stocks continued to spark investor interest. The S&P-TSX Venture Exchange composite index rose 92.8 points, …
Mustang unearths nickel showing near Timmins
Follow-up stripping of an electromagnetic anomaly has revealed a rich-nickel showing at the Bannockburn property, about 100 km southeast of Timmins, Ont.Mustang Minerals (MUM-V), which can earn a 100%…
Low palladium prices hamper Stillwater
Lower palladium prices have forced Stillwater Mining (SWC-N) to record a loss of US$1.6 million for the three months ended Sept. 30.The US2-per-share slump came on revenue of US$58.2 million and comp…
The Northern Miner Indices (November 10, 2003)
North American Mining: 100.40 (+6.23)Small Producers: 91.78 (+2.71)(Sept. 30/98 = 100)…