Inco takes US$1.6-billion Voisey’s writedown, sells 25% of Goro
Finally facing the inevitable, Inco (N-T) today wrote down the carrying value of the Voisey’s Bay nickel project in…
Articles by Northern Miner Staff
Teck Unplugged: plunging power profits take their toll
Vancouver — The second quarter of 2002 was not a good one for the world’s largest zinc producer as low commodity p…
Positive drill intercepts expand Turquoise Hill
Vancouver — Ivanhoe Mines’ (IVN-T) ongoing drilling campaign at the Turquoise Hill (Oyu Tolgoi) project in Mongoli…
Cambior still losing money (July 23, 2002)
Hampered by falling gold production, heavily hedged gold miner Cambior (CBJ-T) turned in another loss during the se…
Broad markets crushed, again
North American markets suffered another brutal day of sell-offs, with declines coming in across the board as trauma…
Miramar hits production targets (July 22, 2002)
Vancouver — Despite feeling the impact of the temporary suspension of the Con autoclave, Miramar Mining (MAE-T) ex…
Drill turns at Elk
Vancouver — Aiming to expand the known resource of the Siwash North and WD vein systems, junior Almaden Minerals (…
Queenston begins drilling at Kirkland Lake
On the heels of last week’s $5-million financing, Queenston Mining (QMI-T) has closed the buying-out of Newmont Min…
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Base metals demand poised to improve
While the main global themes of collapsing equity markets and dollar weakness continue to dominate the headlines, it is perhaps not surprising that some positive developments in base metals raw materi…
Hecla ups 2002 production targets
Continued operating success at the La Camorra gold mine in Venezuela and the San Sebastian silver mine in Mexico’s Durango state is allowing Hecla Mining (HL-N) to revise its production estimates for …
Trans Hex weighs anchor at Marshall Fork
An internal dispute between Trans Hex Group of South Africa and Diamond Fields International (DFI-T) has ended their joint venture in Namibian coastal waters a little more than a year after it began.O…