Minco drills Gobi project (September 03, 2003)
Vancouver — Minco Mining and Metals (MMM-V) recently kicked off a drill program on its Gobi gold project and conti…
Articles by Northern Miner Staff
Cross Lake targets IP anomaly
An induced polarization survey has outlined what may be a new gold zone at the QR Mine property in British Columbia…
Trading Summary (September 02, 2003)
A US$2.50-per-oz. drop by gold to US$372.80 per oz. in New York sent Toronto’s gold index 3.65 points, or 1.8% of v…
Committee Bay yields high-grade gold (September 02, 2003)
Vancouver A 1,477-metre drill program by partners Committee Bay Resources (CBR-V) and Gold Fields (GFI-N) has ret…
Corriente cuts new copper at Mirador (September 02, 2003)
Drilling by Corriente Resources (CTQ-T) has cut a new zone of high-grade copper mineralization about 3 km to the no…
BHP boosts profit
Vancouver – Despite a drop in sales, Australia-based BHP Billiton (BHP-N) saw profits rise to US$1.9 billion, or US…
Pechiney snubs Alcan sweetener (September 02, 2003)
Alcan (AL-T) has taken a sweetened takeover bid for Pechiney off the table after the French rival roundly rejected…
Glencairn targets flow-through financing
Vancouver — Glencairn Gold (GLJ-V) intends to raise $1.6 million via a placement of 3.6 million flow-through warrants priced at 45 each.Each special warrant is exercisable, at no cost, into one flow…
Alcan submits formal bid for Pechiney
Alcan (al-t) has submitted its 3.4-billion-euro bid for French rival Pechiney to the European Commission. The Montreal-based aluminum giant had launched its hostile bid in early July but held off form…
NAP sizes up Lac des les underground (September 01, 2003)
North American Palladium (PDL-T) will launch a full feasibility study of a proposed underground mining operation targeting the Main High Grade zone at its Lac des Iles palladium-platinum mine, 85 km n…
Inflation, high costs hurt Zimbabwe gold sector
Zimbabwe must devalue its dollar and take drastic steps to curb inflation if it wants to stabilize its struggling gold sector, says David Murangari, CEO of the Zimbabwe Chamber of Mines.Mines there ar…
Freeport reduces debt
Freeport-McMoRan Copper & Gold was the biggest newsmaker south of the border during the report period ended Aug. 26, as it announced it had converted US$311 million worth of notes into 21.8 million sh…