Analysts weigh in on Gabriel
Bay Street analysts are getting behind Gabriel Resources (GBU-T) in a big way, as the junior unveils a revised feasibility study for its 80%-owned Rosia Montana gold project in Romania.Late last year,…
Articles by Northern Miner Staff
Province closes lands to prospectors
The Ontario government has drawn a line in the sand, and around 378 park areas protected under the province’s Living Legacy program. Those lines will prohibit prospectors from staking claims within th…
Almaden, Santoy find little sun at Tropico
An initial drill program at the Tropico polymetallic property in western Mexico has cut wide swaths of low-grade sulphide mineralization for partners Almaden Minerals (AMM-T) and Santoy Resources (SAN…
Anaconda squeezes Sherritt’s earnings (March 18, 2002)
Aussie laterite nickel miner Anaconda Nickel, engaged in talks with bond holders amid fears it may default on a US$420-million bond series, announced a large half-year loss that was echoed on the book…
Gold Funds (March 18, 2002)
Gold Funds as of March 7 2002Dundee Precious MetalsCentral FundNet Value$18.12$5.62Price$13.40$5.76…
Camorra results cap good year for Hecla
Exploration drilling at the La Camorra mine in Bolivar state, Venezuela, suggests Hecla Mining (HL-N) may find additional high-grade resources at depth.A deep drill hole and a hole wedged off from it …
BHP options Alberta diamond project
After staking a 7,200-sq.-km land package in northern Alberta last year, the Canadian diamond division of BHP Billiton (BHP-N) has acquired an option on two key properties held by Buffalo Diamonds (YB…
Greek bombshell sinks TVX (March 18, 2002)
Massive writedowns eroded an otherwise profitable year for TVX Gold (TVX-T).The gold miner lost US$227.9 million (or US$1.24 per share) in 2001 on revenue of US$158.3 million, compared with earnings o…
GREATEST VALUE TRADED, MARCH 6-12
ExchgVal($000s)HighLowCloseChangeAlcoa*N71720639.7537.7838.92+0.49…
Northern Miner Indices (March 18, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T25.5CamecoCCO-T4.1FalconbridgeFL-T5.3Franco-Nevada MiningNMC-T7.0Freeport McMoRan Cop’r BFCX-N5.7IncoN-T9.2Newmont Mini…
LME Warehouse Levels (March 18, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, March 12 (change from March 5 in brackets):MetalStock (tonnes)ChangeAluminium953900(+…
The Northern Miner — North American Mining Index (March 18, 2002)
80.49 (+1.50)(Sept. 30/98 = 100)…