Articles by Northern Miner Staff



Gold Funds (December 31, 2001)

Dundee Precious MetalsCentral FundNet Value$13.47$5.41Price$9.30$5.16Discount30.964.6Value$94,293,000$105,193,131…




Grassroots mineral exploration withered in past year

In 2001, metal prices fell to some of the worst levels ever, so junior explorers can be forgiven if virtually the only thing they developed in 2001 was the blues.New venture capital all but dried up, …


Exploration companies tightened belts in 2001

With prices for base and precious metals sagging, funding for exploration has become scarce, a fact borne out by Halifax-based Metals Economic Group’s latest study of exploration budgets for 679 compa…


More drilling slated for Boyongan

Vancouver — The purchase of an additional 10% stake in Philex Mining’s (PGI-V) Boyongan copper-gold prospect in the Philippines has propelled Anglo American (AUUK-Q) to step up the pace of drilling.T…


Majors sink with Metal Prices

An easing of base and precious metal prices during the week before Christmas resulted in a broad decline in producers stocks.Southern Peru Copper was off 14 to US$11.16 as it placed US$73 million wor…


Rio Tinto drops Mogote

London-based Rio Tinto (RTP-N) has decided to drop its option to earn up to a 70% interest in IMA Explorations’ (IMR-V) Mogote copper-gold property in Argentina’s San Juan province.The major had an op…




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