Cumberland cuts high grades at Meadowbank
Definition drilling by Cumberland Resources (CBD-T), aimed at expanding the resource of its wholly owned, 3-million-oz. Meadowbank gold project in Nunavut, is intersecting high-grade gold mineralizati…
Articles by Northern Miner Staff
Pan American combines with Corner Bay in all-share deal
With its eye on the 117-million-oz. Alamo Dorado silver resource in northern Mexico, Pan American Silver (PAA-T) has entered into a preliminary agreement to acquire all the outstanding shares of Corne…
Newmont unfazed by first-quarter loss
Despite a lacklustre start, Newmont Mining (NEM-T) expects it will soon be reaping the rewards of its recent acquisitions of Normandy Mining (NDY-T) and Franco-Nevada Mining.Newmont lost US$10.9 milli…
Half a crusade
The state of New York and the investment firm Merrill Lynch have jointly announced the terms of a settlement in the state’s investigation into conflicts of interest in Merrill’s rating of stocks. The …
News – 27-MAY-02
Geomaque bleeds red in 2001
Struggling junior gold miner Geomaque Explorations (GEO-T) has released its year-end financial results, and they aren’t pretty.The net loss for the year ended Dec. 31, 2001, was US$10.5 million (US17…
Meridian eager to drill Machacala (May 27, 2002)
Meridian Gold (MNG-T) is gearing up for its first round of exploration drilling at the Machacala gold-silver property in Peru, held by Montreal-based junior Gold Hawk Resources (CGK-V).As operator, Me…
Commentary: Some new perspectives on Busang’s red flags
According to the critics of Bre-X’s gold project in Kalimantan, Indonesia, the warning signs, or “red flags,” were numerous and obvious and should have alerted those involved that the gold mineralizat…
Ivanhoe drives Mongolian exploration
Vancouver — After a decade of false starts, mineral exploration is finally gaining some traction in Mongolia.A vast highland country, Mongolia is land-locked between Russia to the north and China to …
Canada, S. Africa sign pacts
Natural Resources Minister Herbert Dhaliwal has signed two agreements with his South African counterpart, Phumzile Mlambo-Ngcuka, to increase co-operation in research and activities linked to sustaina…
Auto sector drives platinum demand
Demand and prices for platinum will remain firm, but the outlook for palladium is less positive, according to Platinum 2002, an annual report published by London-based Johnson Matthey.Demand for plati…
Inco strike misguided
The Inco strike is a bad strike — bad for the workers, bad for the company, bad for the community and ultimately bad for the country.It’s hard to fathom why 72% of the 10,000 members of Local 6500 of…