Placer buoyed by Getchell writedown
The most heavily traded company on the Toronto Stock Exchange during the Oct. 24-30 report period was Placer Dome, which jumped $1.40 to $18.25 as investors applauded the company for “facing reality” …
Articles by Northern Miner Staff
Newmont banks on strong second half (November 05, 2001)
Vancouver — North America’s largest gold producer has tabled a solid third-quarter profit on the back of improved sales and a strong contribution from its Batu Hijau copper-gold mine in Indonesia.New…
NovaGold hits highest grades yet at Donlin
Vancouver — California-based NovaGold Resources (NRI-T) continues to pull high-grade intercepts from the Acma zone of the Donlin Creek deposit in Alaska.Situated 480 km west of Anchorage, Donlin Cree…
Lupin looks to longer life despite poor market
When Echo Bay Mines (ECO-T) closed the Lupin mine in Nunavut in early 1998, few were taken by surprise. After all, the remote underground operation — difficult to reach and getting deeper every year …
Roros yields mixed results
Exploration drilling at the Roros zinc project in central Norway has returned mixed results for Crew Development (CRU-T).The Vancouver-based company sank 21 shallow holes totalling 1,788 metres in thr…
Muskox leaves Lonmin at the altar
Vancouver – Muskox Minerals (MSK-V) has dropped plans to form a joint venture with British-based platinum producer…
Codelco holds production as profits plunge
Vancouver Falling copper prices took their toll on the world’s largest producer during the first nine months of 2…
Gitennes deals Virgen
Vancouver — Gitennes Exploration (GIT-T) has sold its Virgen gold property in north central Peru to a private Peru…
SSO signs deal for Diabillos
Silver Standard Resources (SSO-V) has inked a letter agreement to acquire Pacific Rim Mining’s (PFG-T) Diabillos si…
Aurizon eyes awakening of Sleeping Giant
The planned processing of lower grade ore at the Sleeping Giant mine in Quebec, has led Aurizon Mines (ARZ-T) to po…
Echo Bay narrows losses
Echo Bay Mines’ (ECO-T) has followed up a US$400,000 second-quarter loss with one half that amount for the recent t…
Trading Summary (November 02, 2001)
The Toronto Stock Exchange seemed to shrug off poor employment figures on Friday. After opening lower, the TSE gain…