Lemoine drilling resumes
Inmet Mining (IMN-T) has resumed drilling at Loubel Exploration’s (LBX-V) Lemoine property, 25 km southeast of Chib…
Articles by Northern Miner Staff
Trading Summary (August 20, 2002)
A late-day sell-off erased some decent gains by Toronto stocks on Tuesday. The golds finished among the Toronto Sto…
Noranda rides out of Montana
Faced with slumping metal prices, Noranda (NRD-T) has decided to cut bait at the Montanore copper-silver project in…
Anglo pays for KCM exit
Anglo American (AAUK-Q) has agreed to pony up to another US$107.3 million before walking away from the Konkola copp…
Aurora Platinum proposes $1.2 million financing
Vancouver — Aurora Platinum (ARP-V) is in the process of raising up to $1.2 million though a financing that will c…
Trading Summary (August 19, 2002)
Toronto gold stocks plummeted 6.65 points or nearly 4% to finish at 164.29 on Monday as the yellow metal slumped US…
WMC suffers headaches at Olympic Dam
WMC (WMC-N) has run into more operational difficulties at its massive Olympic Dam copper smelter in South Australia, and will suffer depressed earnings for the next 18 months as a result.The company h…
Sudbury: the need for feed
Large metal operations take on a life of their own in established mining camps. One result is that milling and smelting capacity create demand for near-term sources of ore.Certainly Sudbury has follow…
Aur shrivels in drier copper market
Faced with weaker copper prices and lighter sales volumes, Aur Resources (AUR-T) earned three times less in the recent second quarter than in the corresponding period of 2001.Net earnings topped US$2….
Odds ‘n’ sods: Remembering Harry Morgan
For several years, I’ve written articles about the great and unusual people I’ve met in the mineral exploration and promotion business, but none impressed me more than the late Dr. J.H. (Harry) Morgan…
NAME CHANGES (August 19, 2002)
Dalmatian Resources (DTN-V) has changed its name to Enwest Ventures (ENN-V) on a 1-new-for-3-old-share basis.Gold Giant Minerals (GNR-V) has changed its name to Gold Giant Ventures…
Producer and Dealer Prices (August 19, 2002)
Antimony: Recent trades US$1,700-1,975/t.Bismuth: Mid-mkt US$2.95/lb.Cadmium: Mid-mkt US$0.30/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.35-7.05/lb.Copper: Comex Sept US$0.676/lb….