Has the tarnish come off?
Gold prices have sustained a rally for more than a month now, if you count the fix of US$272.20 per oz. on Dec. 11 as a bottom. And unlike the old days, it is finding buying support on the way down, r…
Articles by Northern Miner Staff
News – 11-FEB-02
Prospecting in Wekusko, Part 1
My prospecting partner, Einar Sanden, and I made our first canoe trip across Wekusko Lake, in north-central Manitoba, in 1955. We had made it across and up to our camp on the narrows, above Crowduck B…
South African minister in hot water
South Africa’s mines minister, Phumzile Mlambo-Ngcuka, is being criticized for accepting a significant discount on a diamond tiara bought from a member of the South African Diamond Board, which regula…
PEOPLE (February 11, 2002)
Tribute — David Wahl appointed chairman; Ian Brodie-Brown appointed president, CEO and director; John Wahl appointed COO; J.G. Davison appointed vp exploration; Peter Brodie-Brown appointed vp shareh…
Phelps Dodge ends dismal year (February 11, 2002)
Vancouver — Poor demand and weak prices plagued the balance sheet of the world’s second-largest copper producer in 2001.Phelps Dodge (PD-N) posted a fourth-quarter loss of US$78.3 million (or US$1 pe…
Expatriate exits Fox River (February 11, 2002)
Vancouver –The Hunter-Dickinson group ends up with a 15.7% stake in cash-strapped Expatriate Resources (EXR-V) following the junior’s withdrawal from a $2.5-million deal to pick up a 12% stake in the…
Ontario exploration intensifies
Ontario exploration and deposit appraisal expenditures for 2001 are expected to continue the ascent started in 2000.Spending is expected to climb to $99 million in 2001, an increase of 10%. The upward…
John McCombe
Veteran geological engineer John McCombe, well known for his involvement in the aggregate industry and in open-pit mining, has died.McCombe, who graduated with a bachelor of science degree in geologic…
CIM looks for comments on practice guidelines
The Estimation Guidelines Committee of the Canadian Institute of Mining, Metallurgy and Petroleum has completed its draft guidelines covering proposed “best practices” for estimating mineral resources…
Ekati diamond raffle will benefit children’s hospital
Vancouver — A diamond from the Ekati mine in the Northwest Territories will be raffled to raise money for Vancouver’s British Columbia Children’s Hospital.The raffle is part of the Mining for Miracle…
Exchange Rates (February 11, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateFeb. 5Feb. 4Feb. 1Jan. 31Jan. 30US$ in C$1.59781.59151.5907…