GREATEST VALUE TRADED, JULY 31-AUG. 6
ExchgVal($000s)HighLowCloseChangeAlcoa*N46610527.2023.9624.97-1.01…
Articles by Northern Miner Staff
China using more nickel
Nickel has shown remarkable resilience during the previous three years of world economic slowdown and recession, buoyed mostly by increased stainless steel production in China, according to the Econom…
Higher output, earnings for Golden Star
Better-than-expected gold production and a higher realized price for that material led Golden Star Resources (GSC-T) to record solid earnings during the second quarter.The company earned US$1.6 millio…
Mining exec wins Bolivian election
The Bolivian Congress has ended a presidential tie, picking millionaire mining executive Gonzalo Sanchez de Lozada to lead the South American country as it confronts economic problems and growing soci…
Placer extends bid
With about 21% of AurionGold’s shares tendered to its cash-sweetened bid late on Aug. 6, unrequited suitor Placer Dome (PDG-T) surprised no one and extended its offer for the Aussie gold miner by nine…
Major Drilling in Mongolia
Major Drilling’s Australian division, Major Pontil, will provide services to Ivanhoe Mines’ Turquoise Hill gold-copper discovery in southern Mongolia.The job will require at least seven rigs and calls…
Equities slump drags down metals prices
July 29-Aug. 2 at a Glance- Copper prices were heavily oversold and funds were close to their limits on the short side. Consequently, support at US$1,495-1,500 per tonne should hold, though upside pot…
Trading Summary (August 09, 2002)
Toronto stocks finished higher on Friday with advancers leading decliners 564 to 408. A rally in the gold sector co…
Aurizon posts loss on improved production
Despite higher gold production and realized prices for the yellow metal, Aurizon Mines (ARZ-T) posted a net loss of…
Diagem recovers 888 diamonds from property 108
The latest 120-cubic-metre bulk sample derived from test pit no. 7 on Diagem International’s (DGM-V) property 108 h…
Waning Bulawan widens loss
With the decommissioning of the Bulawan gold mine on the island of Negros in the Philippines, in early May, Philex…
Tournigan eyes Meridian’s Mercedes
Vancouver’s Tournigan Ventures (TVC-V) has inked a letter agreement paving the way for the company to acquire up to…