Rio Narcea trims board (January 08, 2002)
An investment group has purchased 12.85 million shares of Rio Narcea Gold Mines (RNG-T) to nab a 19.8% equity stake…
Articles by Northern Miner Staff
Trading Summary (January 07, 2002)
The Paper & Forest subindex, off 0.2%, was the lone subindex to suffer a loss on the Toronto Stock Exchange on Mond…
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…
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$500,000 loan from major shareholder Resource Capital Fun…
Ivanhoe converts loans into shares
Singapore-based Ivanhoe Mines (IVN-T) has convert the bulk of certain outstanding loans owed by ABM Mining, its who…
Codelco defines copper cuts (January 07, 2002)
Vancouver — The world’s largest copper producer, Corporacion Nacional del Cobre de Chile (Codelco), plans to cut production by 4% in 2002.The Chilean state-owned entity aims to trim 11,300 tons of pr…
MOST ACTIVE ISSUES, DEC. 21-31
ExchgVol(000s)HighLowCloseChangeAlcoa*N1456536.4534.0035.55+0.63…
TSE enters new year with a bang
Having lost 14% of its value last year, the Toronto Stock Exchange 300 index began the slow road to recovery with a gain of 163.11 points, or 2.2%, over the Dec. 21-Jan. 1 report period. The benchmark…
Daily Metal Prices (January 07, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJan. 1Dec. 31Dec. 28Dec. 27Dec. 26Aluminium…
Coronation Bay a hot spot for diamond explorers
Although a decade has passed since diamonds were first discovered in Canada, the potential for further discoveries has not yet diminished, as evidenced by the success of Ashton Mining of Canada (ACA-T…