Higher gold prices weigh on demand
Weighed on by a higher US dollar price and an uncertain economic outlook, global demand for gold fell 14.3% to 729…
Articles by Northern Miner Staff
Ivanhoe ups its stake in Pacific Minerals
Vancouver — Looking to get a firm foot hold in China, Ivanhoe Mines (IVN-T) plans on taking a 42.2% stake in junio…
Celtic eyes PNG
Vancouver — With the price of gold continuing to climb, more and more junior explorers are venturing back to the o…
Namakwa surrenders bonanza grades
Perth, Australia-based Namakwa Diamond has recovered another 1,014 diamonds from trenching on its 49-sq.-km Namakwa…
Trading Summary (September 23, 2002)
The Toronto Stock Exchange’s energy sector was the lone subindex to advance on Monday, edging up just 0.8 of a poin…
Noranda dismounts Caballo Blanco (September 23, 2002)
Noranda (NRD-T) has dropped its option to earn a 75% stake in Almaden Minerals’ (AMM-T) Caballo Blanco property on…
Amarc misses at Inde
Vancouver — A 14-hole diamond drill program by Amarc Resources (AHR-V) has returned sporadic gold values below the…
Drills rev at Tulawaka
Partners Barrick Gold (ABX-T) and Minires du Nord (MDN-T) have their drills gearing up for a new exploration progr…
Canadian Stock Exchange Indices (September 23, 2002)
DateSept. 17Sept. 16Sept. 13Sept. 12Sept. 11HighLowTSX Composite6392.266500.616495.266516.9766…
Newmont, Barrick oversee expansion of Super Pit Down Under
Kalgoorlie, Australia — Nearly 20 years ago, gold entrepreneur Alan Bond used the word “rationalization” to describe the potential for improving profitability by combining all the mining operations i…
Manhattan tables new Tambo Grande plan
An independent feasibility study calls for a more productive second phase than planned at the proposed Tambo Grande open-pit mine in Peru, reports Manhattan Minerals (MAN-T).The study, authored by AME…
Placer extends again
Make it six. That’s how many times Placer Dome (PDG-T) has extended its offer for partner and takeover target AurionGold. With the previous deadline hours away on Sept. 10, Placer tacked on another 10…