Anglo ups stake in Boyongan
Vancouver — Saddled with a US$14-million debt on its soon-to-be- closed Bulawan mine, Philex Gold (PGI-V) has inked a deal to sell a 10% equity stake in the promising Boyongan copper-gold project and…
Articles by Northern Miner Staff
The Northern Miner — North American Mining Index (December 24, 2001)
69.28 (+3.09)(Sept. 30/98 = 100)…
GREATEST VALUE TRADED, DEC. 12-18
ExchgVal($000s)HighLowCloseChangeBarrick GoldT59823026.2523.9526.22+2.32…
The Northern Miner — Small Producers Index (December 24, 2001)
46.21 (+0.84)(Sept. 30/98 = 100)…
Exchange Rates (December 24, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateDec. 18Dec. 17Dec. 14Dec. 13Dec. 12US$ in C$1.57301.56461.56331.5…
Noranda-Virginia JV targets Quebec
Virginia Gold Mines (VIA-T) and Noranda (NRD-T) have signed an agreement to conduct geoscientific work in the north of Quebec.The deal saw Noranda subscribe to a private placement of 333,333 shares of…
Too much red tape
With reference to your editorial “Penny Wise, pound foolish” (T.N.M., Dec. 3-9/01), I imagine our government might cite the decline in mineral exploration in British Columbia during recent years as an…
Link to US dollar has hurt Argentina
Events in Argentina, where the government is caught between devaluing the Argentine peso and turning entirely to the United States dollar as a currency, provide an object lesson in what bad monetary p…
TSM
Towards Sustainable Mining, or TSM, an initiative of the Mining Association of Canada (MAC), is built on the premise that mining can contribute to the sustainability of our communities in a way that m…
Algoma workers to vote on new deal
Almost 4,000 union members at Algoma Steel in Sault Ste. Marie, Ont., were expected to vote on Dec. 21 on a 32-month contract that would avoid layoffs and protect pensions yet reduce wages by an avera…
Blackstone gains Ursus diamond property
Vancouver — Blackstone Ventures (BLV-V) has inked a deal with the numbered company 4763 NWT to acquire the Ursus diamond property in the Coronation Gulf area of Nunavut.The 46-sq.-km property is 45 k…
Producer and Dealer Prices (December 24, 2001)
Antimony: Mid-mkt US$1,130/t.Bismuth: Mid-mkt US$3.25/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.50-7.60/lb.Copper: Comex Mar. US$0.69/lb.Indium: Indiu…