Monroe Minerals sells alluvial diamonds for US$770 per carat
Vancouver–Monroe Minerals (MMX-V) sold its first parcel of diamonds from pre-production at its London alluvial dia…
Articles by Northern Miner Staff
IMA tables drill results from Las Bayas project
Vancouver — IMA Exploration (IMR-V) has completed its 19-hole drill campaign on its Las Bayas project in Patagonia…
Trading Summary (March 03, 2003)
Toronto’s gold stocks took it on the chin on Monday as the yellow metal slipped another US$1.10 per to US$348.50 pe…
Richmont has banner year (March 03, 2003)
Record gold sales, better prices, and lower production costs came together for Richmont Mines (RIC-T) in 2002, giving the company earnings of $9.1 million (or 59 per share) on revenue of $52 million….
Western markets bullish as composite jumps
Vancouver — Canada’s junior exchange closed the week ended Feb. 25 on an uptick. The S&P-TSX Venture Exchange composite index jumped 14.93 points, or 1.37% of its value, to close at 1.103.26.Stornowa…
Golden Phoenix plans attack at Borealis (March 03, 2003)
Golden Phoenix Minerals (GPXM-O) has tabled plans for a 3-prong exploration program at its Borealis project, near Hawthorne, Nev.Beginning this summer, the company will investigate the possibility of …
Silver-based wood coatings
In mid-February, legislation was introduced in the U.S. House of Representatives that would provide funding for a study on the effectiveness of silver-based biocides as an alternative treatment to pre…
MOST ACTIVE ISSUES, FEB. 19-25
ExchgVol(000s)HighLowCloseChangePlacer DomeT2085016.5413.8413.89-2.03…
Sustainability workshop
Vancouver-based consultants Anthony Hodge and Ian Thomson will moderate a workshop dubbed “Seven Questions to Sustainability” on March 13 at Metro Hall in downtown Toronto.As the heads of the their re…
Falconbridge grounds Kidd for eight weeks (March 03, 2003)
Citing a poor zinc market, Falconbridge (FL-T) is extending to eight weeks the planned closure of its refining operations at the Kidd metallurgical site in Timmins, Ont.Daniel Picard, general manager …
Exchange Rates (March 03, 2003)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateFeb. 25Feb. 24Feb. 21Feb. 20Feb. 19US$ in C$…
Agreement will standardize African mining codes
African mining ministers have agreed to standardize mining codes across the continent in an effort to attract greater foreign investment.Phumzile Mlambo-Ngcuka, the South African minister of minerals …