Lonmin joins Wallbridge in Sudbury Basin
British-based platinum producer Lonmin has signed a joint venture deal to explore 19 of Wallbridge Mining’s (WM-T)…
Articles by Northern Miner Staff
Trading Summary (January 14, 2002)
The golds were one of just three of the Toronto Stock Exchange’s fourteen subindices to post gains on Monday. The G…
Newmont gets thumbs up
Newmont Mining (NEM-N) has received approval to extend its offer to Normandy’s shareholders in the U.S. and Canada,…
Blackstone deals Premier
Vancouver — Having just staked the Premier diamond property, Blackstone Ventures (BLV-V) has dealt a 75% interest…
Anglo Platinum in at River Valley
South African-based Anglo American Platinum, the world’s largest platinum producer, has formally earned a half-inte…
Channel deals Burkina Faso options
Channel Resources (CHU-T) has granted Axmin, a privately held exploration company, an exclusive 90-day option to ac…
Taseko closes financing
Vancouver — A limited partnership that Taseko Mines (TKO-V) has an exclusive right to acquire has raised $1.85 mil…
Tulawaka funding secured (January 14, 2002)
Minires du Nord (MDN-T) has secured a US$4-million loan facility arranged by RMB Resources, a South African-based financial institution.The money will more than cover MDN’s funding requirements for 2…
Barrick drops Goodpaster
Vancouver — Disappointing drill results have prompted mining titan Barrick Gold (ABX-T) to stop work on the California and Surf properties in the Goodpaster district of Alaska.The properties are adja…
Producers rise on higher prices
The ongoing battle for Normandy Mining (ndy-t) took centre stage in eastern markets once again, with American producer Newmont Mining upping the ante at the start of the Jan. 2-8 report period.Newmont…
Northern Miner Indices (January 14, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T25.5CamecoCO-T4.1FalconbridgeFL-T5.3Franco-Nevada MiningFN-T7.0Freeport McMoRan Cop’r BFCX-N5.7IncoN-T9.2Newmont Mining…
Daily Metal Prices (January 14, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJan. 8Jan. 7Jan. 4Jan. 3Jan. 2Aluminium1417/1429…