Placer extends AurionGold offer (October 16, 2002)
Vancouver — With AurionGold now recommending that shareholders accept Placer Dome’s (PDG-T) $1.2 billion takeover…
Articles by Northern Miner Staff
Trading Summary (October 15, 2002)
Toronto’s gold index, suffering from a US$5.10-per-oz. drop by gold to US$312.40 per oz. in New York, dropped 3.74…
Placer prevails as AurionGold caves in (October 15, 2002)
Vancouver — It may have taken five long months but Placer Dome (PDG-T) has finally won over AurionGold’s managemen…
LionOre gets the nod down under
In a more cordial Australian takeover story, LionOre Australia (Nickel) independent director, Chris Baker, is advis…
IFC drops Rosia Montana
Facing pressure from environmental groups and non-governmental organizations, International Finance Corp., the Worl…
Rio Tinto wins employment award in Australia
Rio Tinto has won the Australian government’s Outstanding Organization award for providing jobs to Aboriginals Down Under.At the awards ceremony in Canberra, Employment Minister Tony Abbott said the L…
Mindoro begins drilling
Vancouver — Mindoro Resources (MIO-V) has launched a 1,100-metre drill program at the Valderam a zone, part of its Pan de Azucar copper-gold project in the Philippines.Last year, in partnership with …
Benchmark’s woes cast shadow over resource sectors
The Oct. 14-20 report period saw the Toronto Stock Exchange plunge to levels not seen in four years as the proposed U.S.-led war on Iraq gained steam and the banking and high-tech sectors issued more …
Striking miners shot in Johannesburg
Two security guards at a mine near Johannesburg were charged after allegedly opening fire on striking miners, killing two and injuring 14 others.The miners had been trying to pull down a fence to gain…
Ashton, Soquem find eighth kimberlite
Ashton Mining of Canada (ACA-T) and Soquem have wrapped-up a summer field season in the Otish Mountains region of north-central Quebec with the discovery of an eighth kimberlitic body.Renard 8 was fou…
Anooraq rides bulk-tonnage prospects
Vancouver — The Bushveld igneous complex in South Africa has long been known to host high-grade platinum group metal (PGM) deposits, but in recent years the discovery of large, lower-grade prospects …
Heathgate co-operates with Australian inquiry
The operator of the Beverley uranium mine in South Australia has agreed to surrender an environmental impact report to a Senate inquiry investigating a mine spill that occurred in January 2002.Adelaid…