Placer pumps production projection
With more than 91% of AurionGold’s shares in its grasp, Placer Dome (PDG-T) intends to compulsorily acquire the res…
Articles by Northern Miner Staff
AngloGold reaches out to the retail crowd
South African major AngloGold (AU-N) is providing more details on its proposed share split as well as its offer to…
Harmony eyes High River stake
South Africa’s third-largest gold producer Harmony Gold Mining (HGMCY-Q) has agreed to acquire more than 17 million…
Precious metals miners shine
While gold prices ended the report period virtually unchanged at around US$317 per oz., gold bugs drew encouragement that most of the gold miners showed uncharacteristic strength and added to the prev…
Northern Miner Indices (November 11, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T21.9%FalconbridgeFL-T4.2%Freeport BFCX.B-N5.0%GoldcorpG-T5.2%IncoN-T7.7%Meridian GoldMNG-T4.7%Newmont MiningNEM-N24.8%Noranda…
Rate cuts boost junior market
Vancouver — Anticipating a cut in the U.S. Federal Reserve rate, investors started to nibble on stocks during the week ended Nov. 5. As a result, the Venture Exchange’s S&P Composite Index jumped 27….
MOST ACTIVE ISSUES, OCT. 30 – NOV. 5
ExchgVol(000s)HighLowCloseChangeOM Group*N273999.286.156.38-2.57…
GREATEST VALUE TRADED, OCT. 30 – NOV. 5
ExchgVal($000s)HighLowCloseChangeAlcoa*N35409623.9821.9123.36+0.99…
Weak copper prices hamper Phelps Dodge’s bottom line
Vancouver — As copper prices continue to linger near lows not seen since 1987, Arizona-based Phelps Dodge (PD-N) is intent on trimming its losses by driving down operating costs.The world’s second-la…
CIM hosts oyster party
Members of the Toronto branch of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) are invited to the CIM’s 78th annual oyster party on Nov. 14 at First Canadian Place.In addition to oy…
SouthernEra sees potential at Sue
Encouraged by the microdiamond results from this past year’s drilling on the Sue kimberlite pipe at the Yamba Lake project in the Northwest Territories, SouthernEra Resources (SUF-T) will test about a…
Rio Narcea picks up new zone at El Valle (November 11, 2002)
Exploration drilling by Rio Narcea Gold Mines (RNG-T) in the main pit at the El Valle gold mine in the Asturia region of northwestern Spain has intersected a new zone of gold mineralization at depth, …