Stratoni may need a new study
The Conseil d’tat, Greece’s supreme administrative court, says that TVX Gold (TVX-T) may or may not need to comple…
Articles by Northern Miner Staff
TSE Short Positions (June 10, 2002)
Short positions outstanding at May 31, 2002Larger individual positions includeAber Diamond 483,608 up 120,910; Agnico-Eagle 4,954,434 down 143,001; Alcan 970,984 down 248,043; Am…
Benchmark slips as domestic turmoil erupts
Despite an eventful week domestically, the TSE/S&P index slipped just 92.56 points over the May 29-June 4 report period to finish 1.2% lower, at 7,568.02.On June 2, Finance Minister Paul Martin was re…
NJ Mining raises funds
A private placement will provide US$229,500 for a drill program at three northern Idaho projects operated by junior New Jersey Mining (NJMC-O).A 1,500-metre drilling campaign on the New Jersey mine, n…
Juniors eye precious metals in Argentina
Argentina’s recent financial woes have not deterred two juniors from inking separate deals to explore for precious metals there.Silver Standard Resources (SSO-V) has purchased a 43% interest in the Pi…
Holmer revs up drills in Timmins
Spurred on by rallying gold prices, Holmer Gold Mines (HGM-V) has renewed drilling at its high-grade Timmins property in northern Ontario.Between 1996 and 1998, Holmer outlined five near-surface paral…
PEOPLE (June 10, 2002)
AFCAN — David Netherway appointed president and CEO.Glencairn — Dunham Craig appointed president and COO.NovaGold — Walter Segsworth appointed director; Alex Morrison appointed preside…
Exchange Rates (June 10, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJune 4June 3May 31May 30May 29US$ in C$1.52791.52801.52751.5339…
Sustainable development, Part 2
Corporate actions in support of sustainable development are often muted. In part, this reflects a perception that engaging with the community is an expensive proposition and, moreover, fundamentally t…
Richard Franks
Richard Franks, a taxation manager with Rio Algom, has died after a lengthy illness. He was 50.Franks started as a junior tax clerk with Rio Algom after attending the University of Western Ontario. He…
Africa needs international investment more than aid: Oppenheimer
The following is a condensed portion of a speech given by Nicky Oppenheimer, chairman of De Beers, to the first annual gala dinner of the Canada-South Africa Chamber of Business, held in Toronto in Ap…
J-Pacific nabs Callahan
Vancouver-based J-Pacific Gold (JPN-V) has acquired an option to buy the Callahan property in Nevada’s Lander Cty.The Callahan property consists of 10 patented and 42 unpatented claims overlying a seq…