Codelco posts higher output
Vancouver The world’s largest copper producer churned out 367,944 tonnes of the metal in the first quarter of 200…
Articles by Northern Miner Staff
Kinross slices 75 jobs at Lupin
Kinross Gold (K-T) says it’s considering laying off 75 workers at the Lupin gold mine, 80 km south of the Arctic Ci…
Geomaque infilling cuts high grade at Tasiast
Some 20,000 metres of reverse-circulation infill drilling have allowed Geomaque Explorations (GEO-T) to update the…
Trading Summary (May 12, 2003)
The Toronto Stock Exchange gained 67.47 points or 1% to 6,717.5 with all of its subindices ended in the black. The…
No waiver for Goldstream-Willa (May 12, 2003)
Vancouver The British Columbia Environmental Assessment Office will not grant the Goldstream Willa project a waiv…
Majescor raises $900,000
Vancouver Montreal-based Majescor Resources (MAJ-V) will sell a private placement financing for a gross proceeds…
Aurizon advances Casa Berardi
Vancouver-based Aurizon Mines (ARZ-T) has privately placed 3.7 million flow-through shares at $1.35 apiece to raise…
Phelps Dodge trims quarterly losses
Vancouver — A change in the accounting of retirement benefits helped the world’s second-largest copper producer reduce its losses in the first quarter.Phoenix-based Phelps Dodge (PD-N) lost US$15 mil…
Daily Metal Prices (May 12, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateMay 6May 5May 2May 1April 30Al Alloy1405/1390…
PNWC proves up River Valley deposit
Vancouver — Pacific North West Capital (PFN-V) has tabled encouraging results for nine holes drilled in the sixth-phase program under way at the River Valley platinum group metal property, 60 km nort…
Golden Star rakes in record Q1 revenues
Record production from the Prestea open-pit gold mine in Ghana, and significantly better gold prices, let Golden Star Resources (GSC-T) set records for first-quarter revenues and earnings.In the three…
American Barrick boosts reserves
What a difference a year can make in the life of a mining company.This time last year, Toronto-based American Barrick Resources was sitting with reserves totalling 3.5 million oz. in seven Canadian an…