Articles by Northern Miner Staff



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…


War Eagle advances Mac tantalum property

Vancouver — War Eagle Mining (WEM-V) has released encouraging results from its Mac tantalum property in the Mackenzie Mountains of the Northwest Territories.The 45-sq.-km property features a tantalum…



Scrooge-like meanness grips TSE

EASTERN MARKETLast-minute selling before the Christmas holidays saw the Toronto Stock Exchange 300 index fall 58.17 points over the Dec. 19-20 report period. The benchmark finished the shortened week …


Daily Metal Prices (December 31, 2001)

DateDec. 25Dec. 24Dec. 21Dec. 20Dec. 19Aluminiumnana1336.50/1350.501331/1346.501336/1357.50Al Alloynana1060/10911077/11001081/1115Coppernana1445.50/14691461/14851461/1486.50Leadn…


CDNX gears up for new year

WESTERN MARKETVancouver — Canada’s junior exchange managed to post modest gains on heavy volume over the holiday-shortened period ended Dec. 21. The Standard & Poor’s-CDNX composite index ended the s…


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