Partners eye Sabara production (March 25, 2002)
Brazilian Resources (YBZ-V) and its operating partner, IMS Empreendimentos, are preparing to mine the former’s whol…
Articles by Northern Miner Staff
Fronteer inks strategic alliance with Aussie major
Australia’s AurionGold has entered into a strategic alliance to explore and develop Fronteer Development Group’s (Y…
Outokumpu reconsiders Tara sale
Outokumpu has confirmed that it has held talks with several firms regarding the sale of its 200,000-tonne-per-year…
CIM talk to focus on Pogo gold project Image
The Pogo gold project in Alaska will be discussed at a gathering of the Vancouver branch of the Canadian Institute of Mining, Metallurgy and Petroleum on March 27.Teck Cominco intends to develop the p…
PDAC 2002 cautiously upbeat
Cautiously upbeat may well describe the mood of delegates attending this year’s convention of the Prospectors & Developers Association of Canada (PDAC).John Steele, the association’s president, set th…
De Beers sees Canada as top priority
De Beers has allocated more than half its 2002 global exploration budget to The Great White North, and that, when combined with planned expenditures on the Snap Lake and Victor diamond projects, means…
Exchange Rates (March 25, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateMarch 19March 18March 15March 14Feb. 13US$ in C$1.58391.58781.58581.59351.5932C$ in US$0.63140.62980.63060.62750.6277EXCHANGE RATES …
Gold Funds (March 25, 2002)
Gold Funds as of March 14 2002Dundee Precious MetalsCentral FundNet Value$18.60$5.69Price$13.50$5.80Discount27.421.9Value$130,051,000$110,625,166…
PDAC 2002
US industrial growth boosts prices
METALS COMMENTARYGrowth in U.S. industrial production accounts for the price increases seen throughout the first quarter and indicates that business fundamentals in that country have responded well to…
Cambior closes financing (March 25, 2002)
Regulators have approved of Cambior’s (cbj-t) issuance of 21.3 million units to raise $27.75 million. Consequently, the company now has 126.2 million shares outstanding.Cambior completed the deal earl…