LionOre extends Waterloo (July 29, 2002)
Drilling by LionOre Mining International (LIM-T) on the Wildara property in Western Australia has extended the stri…
Articles by Northern Miner Staff
Namco hits a sweet spot (July 29, 2002)
Marine diamond miner Namibian Minerals (NMR-T) has hit a sweet spot on Feature 22 at its Hottentot Bay grant off th…
Trading Summary (July 29, 2002)
Bargain hunters helped Toronto stocks rebound on Monday, but failed to power Canada’s senior exchange to the impres…
Mining faces challenges
Mining faces some of the most difficult challenges of any industry and is distrusted by many, according to a report by the London-based International Institute for Environment and Development (IIED).T…
Diamond targets in NE Ontario
Stream-sediment sampling by the Ontario Geological Survey in the Mattawa-Cobalt corridor has identified significant kimberlite indicator minerals at several sites. The area is believed to host kimberl…
GREATEST VALUE TRADED, JULY 17-23
ExchgVal($000s)HighLowCloseChangeAlcanT61938550.3541.4141.41-6.40…
Northern Miner Indices (July 29, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T23.2%CamecoCCO-T3.2%FalconbridgeFL-T5.2%Freeport BFCX.B-N5.8%GoldcorpG-T4.2%IncoN-T9.2%Meridian GoldMNG-T2.8%Newmont MiningNE…
Weak equity markets threaten metals
Base metals prices fell sharply during the report period July 15-19, erasing most of the gains made in aluminum and copper since the rally of late May and early June. However, the LME index of all bas…
Feds fund asbestos think tank
The federal government will provide $500,000 over two years to the Montreal-based Asbestos Institute, a non-profit organization that promotes the safe use of chrysotile asbestos.Natural Resources Cana…
Spot Prices Wed. July 24, 2002 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$313.60-$4.15Silver$ 4.86-$0.14Platinum$520.00-$…
Pit failure to cost Cameco 200,000 oz. (July 29, 2002)
A pit-wall failure that killed a miner at the Kumtor gold mine in Kyrgyzstan will reduce this year’s production by 200,000 oz., says part-owner Cameco (CCO-T).The rock slide, which happened in early J…
Plunging power profits hit Teck
Vancouver — Artificially high power prices brought on by an energy shortage in the U.S. battered the bottom line of Teck Cominco (TEK-T) in the second quarter.The world’s largest zinc miner earned $8…