Two upstarts challenge the coal giants
Last year’s deals between Fording Coal, Sherritt International (s-t), the Ontario Teachers’ Pension Plan, and Teck Cominco (tek-t) neatly divided the world of Canadian coal production; thermal coal as…
Articles by Northern Miner Staff
EXTECH IV brings co-op spirit to Athabasca Basin
According to government figures, the amount of nuclear energy used in the production of world electrical power between 1971 and 1990 jumped more than eight times, from 2% to 17%. In 2001, Saskatchewan…
Golds flat as broad market rebounds
The Toronto Stock Exchange’s S&P/TSX composite index advanced 27.56 points to end the April 2-8 report period at 6,438.71 as the U.S.-led coalition marched into Baghdad and raised hopes for a quick co…
Ivanhoe expands Far North with high-grade gold-copper zone
The discovery of deep high-grade copper-gold mineralization in stepout drilling on the Far North zone in Mongolia’s South Gobi region is changing the complexion of the Turquoise Hill project.Ivanhoe M…
Freeport-McMoRan sweetens redemption price
A tepid reception has prompted Freeport-McMoRan Copper & Gold (FCX-N) to spruce up an offer for early redemption of its 7.5% senior notes due in 2006.The major is now offering US$1,030 per US$1,000 pr…
RJK cuts gold at Wedge (April 14, 2003)
The first hole drilled by RJK Explorations (RJX.A-V) on its Wedge property, near Shebandowan, Ont., has intersected significant gold mineralization.The hole was testing the Creek zone, where grab samp…
Soquem inks joint ventures with Quinto Technology
Vancouver — Quinto Technology (QU-V) has signed an agreement with provincially owned Soquem to establish two 50-50 joint ventures in the Lac Gueret area of Quebec.Soquem recently performed an airborn…
Northern Orion joins Wheaton
Vancouver — the Unidentified Third Party That Agreed to Share the Us$180-Million Price Tag for a 25% Stake in the Bajo De La Alumbrera Gold-Copper Project Has Been Unmasked. Northern Orion Exploratio…
Cameco trying to fix water problems at MacArthur; Jerritt
Operations at Cameco’s (cco-t) MacArthur River uranium mine in northern Saskatchewan were suspended on April 6 after water infiltration in a development drift overburdened the mine’s pumping system.Ca…
Andes cuts new zone at San Jose
Vancouver — Spokane-based Minera Andes (MAI-V) has intersected a new zone of high-grade gold and silver mineralization at its San Jose project in southern Argentina.The best drill intercept returned …
Suncor unveils $3b expansion plan
Calgary-based integrated oil giant Suncor Energy (su-t) intends to spend C$3 billion to boost its projected daily oil-sands output to 330,000 barrels by the end of 2007 from 260,000 barrels in 2005.Th…
Glencairn plants itself at Bellavista
Miramar, Costa Rica — A strong sense of goodwill has gone a long way toward advancing the Bellavista gold project, about 3 km northeast of this small coastal community.In early 2002, Glencairn Gold (…