LionOre gets the nod down under
In a more cordial Australian takeover story, LionOre Australia (Nickel) independent director, Chris Baker, is advis…
Articles by Northern Miner Staff
IFC drops Rosia Montana
Facing pressure from environmental groups and non-governmental organizations, International Finance Corp., the Worl…
TSE Short Positions (October 14, 2002)
Short positions outstanding at September 30, 2002Larger individual positions includeAber Diamond 266,148 up 166,101; Agnico-Eagle 5,281,468 down 638,517; Alcan 807,019 down 297,537;…
Daily Metal Prices (October 14, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateOct. 8Oct. 7Oct. 4Oct. 3Oct. 2Al Alloy1210/1210…
Wolfden, First Au eye Argosy
Vancouver — Partners Wolfden Resources (YWO-V) and First Au Strategies (FAV-V) are preparing to drill-test the once-productive Casummit gold property in the Red Lake mining camp of northern Ontario.T…
PEOPLE (October 14, 2002)
Alcan — William Loomis Jr. appointed director.Anglo American — David Hathorn, Andrew Thompson and Simon Thompson appointed directors.Crew Development — Wolf Seidler appointed COO.
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 …
Junior market takes it on the chin
Vancouver — Halloween came early for investors in Canada’s junior exchange as sellers drove the market to yet another 52-week low during the report period ended Oct. 8. The Standard & Poor’s-TSX Vent…
Producer and Dealer Prices (October 14, 2002)
Antimony: Recent trades US$3,200-3,300/t.Bismuth: Mid-mkt US$2.90/lb.Cadmium>: Mid-mkt US$0.31/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.00-6.80/lb.Copper: Comex Dec US$0.6645/lb…
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…