Environmental costs hit Hecla
Vancouver – Some US$23.1 million in estimated future environmental costs pushed Hecla Mining (HL-N) deep into the r…
Articles by Northern Miner Staff
Haywood buys piece of Planet (November 04, 2003)
A bought-deal financing with Haywood Securities has assured Planet Exploration (PXI-V) of $5 million in gross proce…
Blanchard’s case heads to discovery
The U.S. District Court for the Eastern District of Louisiana has ruled that a lawsuit launched by New Orleans-base…
Trading Summary (November 03, 2003)
Toronto’s golds stocks ended alone in the red on Monday, falling 3.8 points, or 1.8%, to 204.3 as the yellow metal…
McWatters sells Kiena, eyes Sigma-Lamaque revival
Looking for cash to help in its bid to revive the struggling Sigma-Lamaque open-pit gold mine, McWatters Mining (MW…
Pan American dishes Tres Cruces
Vancouver — Pan American Silver (PAA-T) has accelerated a deal to sell its 50% interest in the Tres Cruces gold pr…
Glamis profit rises in 3Q
Higher gold prices combined with lower exploration and accounting expenses to keep Glamis Gold (GLG-T) profitable i…
Aurelian kicks of drill program at Condor
Vancouver — Aurelian Resources (ARU-V) has commenced a 1,500 metre drill program at its wholly-owned Condor gold p…
Diavik ramp-up on-track
As ramp-up to full production continues, the Diavik diamond mine in the Northwest Territories is processing kimberlite at rates ahead of planned levels.Ore processed during the third quarter of 2003 i…
Exchange Rates (November 03, 2003)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateOct. 27Oct. 24Oct. 23Oct. 22Oct. 21US$ in C$…
Aurelian samples high grade at Condor (November 03, 2003)
Vancouver — Sampling at the Condor gold project in southeastern Ecuador has produced some eyebrow-raising assay results.Aurelian Resources (ARU-V) has been sampling and mapping the Aguas Mesas Sur 3 …
Pan Am buys royalty
Pan American Silver (PAA-T) has bought back a 3% net smelter return royalty on its Huaron silver mine in Peru from a group of Peruvian companies for US$2.5 million. The buy-back will increase Huaron’s…