Crystallex picks up new shareholders
Vancouver — Two major investment companies have taken down a $7 million financing in Crystallex International (KRY…
Articles by Northern Miner Staff
Muskox to test new zones (December 24, 2001)
Muskox Minerals (MSK-V) has budgeted $6.5 million for a proposed exploration program for the Muskox platinum-palladium-copper-nickel project in Nunavut.The proposal recommends 8,500 metres of drilling…
PEOPLE (December 24, 2001)
Alcan — Robert Ball appointed executive vp of value-added business and manufacturing systems; Cynthia Carroll appointed president, primary metal group; Michael Hanley appointed president, bauxite, al…
Mounting metals stocks cast pall over new year
Base metals continued to shed value during the report period Dec. 10-14 as the markets eased back following the technical rally of late November.Nickel was the big loser, shedding 8.1% of its average …
Wayside hits gold in BC Vein
Vancouver — International Wayside Gold Mines (IWA-V) has intersected a high-grade gold interval in the hangingwall of the BC Vein on its Cariboo property, near Wells, B.C.Hole 20 was drilled at the n…
IMA gains ground in Patagonia
Vancouver — IMA Explorations (IMR-V) has acquired the first two of several gold-silver properties in Chubut province, south-central Argentina.Dubbed Las Bayas and Laguna de Los Toros, the properties …
Gold explorers jump back to life
Buyers managed to overtake sellers over the Dec. 12-18 report period to push the Toronto Stock Exchange 300 index up 54.84 points to 7,586.47.Gold surged ahead $5.65 in London markets to land at a mor…
Output to rise at Grasberg
Vancouver — Bucking the trend of other major producers, Freeport-McMoRan Copper & Gold (FCX-N) says it expects a 7.1% increase in copper production next year at its Grasberg mine in Indonesia.Output …
GREATEST VALUE TRADED, DEC. 12-18
ExchgVal($000s)HighLowCloseChangeBarrick GoldT59823026.2523.9526.22+2.32…
Ontario names first OMET recipients
The provincial government has announced the first five projects to receive assistance under the $8-million Ontario Mineral Exploration Technologies (OMET) Program.Three of the projects will be oversee…
CAMESE hosts booth in Russia
The Canadian Association of Mining Equipment and Services for Export (CAMESE) is inviting companies to display posters at the sixth Moscow International Mining, Exploration and Mining Equipment Exhibi…
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…