Olympus grabs bonanza gold grades
Vancouver — Some 7 km northwest of the Bai Go and Bai Dat zones, a mapping and sampling program by Olympus Pacific…
Articles by Northern Miner Staff
Metallica tables La Fortuna study
Metallica Resources (MR-T) has tabled the results of an independent economic study of the La Fortuna area of the El…
Viceroy wipes slate clean
Vancouver — Viceroy Resources (VOY-T) cleaned up its balance sheet during the second half of 2001 and as of Jan 1s…
Summo arranges loan for Terrazas work (January 07, 2002)
Summo Minerals (SMA-T) is easing its cash crunch with a US$500,000 loan from major shareholder Resource Capital Fun…
Ivanhoe converts loans into shares
Singapore-based Ivanhoe Mines (IVN-T) has convert the bulk of certain outstanding loans owed by ABM Mining, its who…
Codelco defines copper cuts (January 07, 2002)
Vancouver — The world’s largest copper producer, Corporacion Nacional del Cobre de Chile (Codelco), plans to cut production by 4% in 2002.The Chilean state-owned entity aims to trim 11,300 tons of pr…
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ExchgVol(000s)HighLowCloseChangeAlcoa*N1456536.4534.0035.55+0.63…
Starfield sets sights on high-grade zone
Vancouver — Armed with $1.6 million, Starfield Resources (SRU-V) is preparing to explore the newly discovered high-grade zone on the Ferguson Lake copper-nickel-platinum-palladium project in Nunavut….
TSE enters new year with a bang
Having lost 14% of its value last year, the Toronto Stock Exchange 300 index began the slow road to recovery with a gain of 163.11 points, or 2.2%, over the Dec. 21-Jan. 1 report period. The benchmark…
Daily Metal Prices (January 07, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJan. 1Dec. 31Dec. 28Dec. 27Dec. 26Aluminium…
Fort Knox raises cash
Fort Knox Gold Resources (FNX-T) has completed an offering of 4 million flow-through shares at $1 apiece and 4 million units at the same price for proceeds of $8 million.One unit comprises one share p…
Merger mania grips mining industry in 2001
Against a rather grim backdrop that included an American economy slipping into recession, worldwide commodity deflation and a new war on terrorism, the big story in 2001 for the North American mining …