Articles by Northern Miner Staff

Canadian Oil Sands earnings hit by lower oil price

The Syncrude project’s second-largest shareholder is not an oil company at all. But year-end found the Canadian Oil Sands Trust (COS.UN-T) taking an earnings hit similar to that suffered by the large …


The autoclave unit at Miramar's Con gold mine in Yellowknife, NWT.

Miramar hits targets despite setback

Vancouver — During the first quarter, Miramar Mining’s (MAE-T) operations at Yellowknife, N.W.T., were well on their way to establishing a solid base for a productive year. However, the temporary sus…


Carlin trend produces 50-millionth oz.

The Carlin trend in Nevada has joined such venerable gold camps as Timmins, Ont., South Africa’s Witwatersrand and Uzbekistan’s Muruntan as the latest in the world to produce 50 million oz. gold.The t…


Insiders bask in hot resource sector

Recent insider trading transactions reported by the Ontario Securities Commission include the following:- Barrick Gold (ABX-T) — Brian Mulroney, director, exercised 237,500 options indirectly at $22….


Bitumen is loaded into a mammoth truck at the Muskeg River mine in northern Alberta.

Oil sands spell self-sufficiency for Canada

The recoverable portion of Canada’s crude bitumen resources, a black tarry hydrocarbon that coats the sands and carbonate sedimentary formations in the Athabasca, Cold Lake and Peace River regions of …


Suncor expands with Project Millennium

Suncor Energy (SU-T), Canada’s third-largest integrated oil company, is in the midst of a massive expansion of its Oil Sands operation, north of Fort McMurray, Alta., a move that should see the compan…


Uranium Power targets basement rocks for oil

Vancouver — Uranium Power (URMP-C) is searching for oil under the Athabasca Oil Sands near Fort McMurray, in northern Alberta.The Athabasca Oil Sands deposit is the world’s largest hydrocarbon deposi…


Eldorado expands zone at Kisladag

Vancouver — The first 20 holes of a recently completed 29 hole drill program on Eldorado Gold’s (ELD-T) Kisladag project in west-central Turkey has expanded the area of known mineralization.Designed …



Silver output soars for Coeur

Vancouver — Production from both the newly commissioned Cerro Bayo mine in Chile and the recently acquired Martha mine in Argentina has Coeur d’Alene Mines (CDE-N) set to increase silver output by 50…


Gold price fortifies Placer’s quarter

Vancouver — Higher gold prices and lower cash costs propelled Placer Dome (PDG-T) to a healthy profit in the first quarter of 2002, despite an 8% drop in production.The major earned US$43 million (or…


Nickel flexes muscles

Base metals prices staged a technical rally that soon ran out of steam during the report period April 15-19. For the time being, price action in copper, gold and zinc appears to be taking place betwee…


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