OM whacked by UN report
Shares in Cleveland-based cobalt refiner OM Group crashed to a three-and-a-half-year low during the report period following its mention in a UN Security Council report on illegal mining activity in th…
Articles by Northern Miner Staff
NAME CHANGES (October 28, 2002)
Verdstone Gold (VGC-V) has changed its name to Goldrea Resources (GOR-V) on a 1-new-for-10-old-share basis.Maya Gold (MAY-V) has changed its name to Centram Exploration (CAN-V) on a 1-new-for-5-old-sh…
Noranda inks Hemlo deal
Noranda’s exploration company has signed an agreement with Goliath Gold Mines and Golden Sceptre Resources that will likely result in a producing Hemlo area mine within two years.The deal, which gives…
MOST ACTIVE ISSUES, OCTOBER 16-22
ExchgVol(000s)HighLowCloseChangeKinross GoldT191442.942.452.58-0.21…
Aurogin aims to advance Nova Scotia bulk-tonnage prospect
With a new president at the helm, Aurogin Resources (AUQ-V) has picked up an option on a potential open-pit gold project in the Moose River area of central Nova Scotia.The appointment of John Paterson…
Fording morphs to foil takeover
Rather than submit to a $1.5-billion takeover bid by the Sherritt Coal Partnership II or attempt to lure competing bids, Fording (FDG-T) has announced plans to reorganize itself into an income trust.O…
Canico proves up Brazilian target
Vancouver — Initial results from an ongoing 11,000-metre drill program have enhanced the economic potential of the Ona-Puma nickel laterite project in northern Brazil.Canico Resource (CNI-V) tabled …
Correction (October 28, 2002)
Our story “Friedland leading the charge in the land of Genghis Khan” (T.N.M., Sept. 23/02) incorrectly stated that QGX (QGX-V) held a 10% carried interest in the Turquoise Ridges (Ovoot) and Shuteen p…
News – 28-OCT-02
GREATEST VALUE TRADED, OCTOBER 16-22
ExchgVal($000s)HighLowCloseChangeNewmont Mng*N42815825.0022.6025.00+1.90…
Trading Summary (October 25, 2002)
Market-wide gains sent the Toronto Stock Exchange 69.01 points or 1.1% higher to 6,405.87 on Friday. The golds rose…
Inmet posts Q3 profit
Inmet Mining (IMN-T) made $3.7 million (or 7 per share) during the three months ended Sept. 30, thanks to higher m…