Tom restructures assets (October 01, 2001)
Rouyn-Noranda, Que.-based Tom Exploration (TUM-M) has distributed to its shareholders 13.7 million shares of subsidiary Treegenic, a forestry biotechnology research firm.The spinoff firmly dropped Tom…
Articles by Northern Miner Staff
First Quantum starts up Lonshi copper project
With a mining licence now in hand, First Quantum Minerals (FM-T) has begun to work the Lonshi copper oxide deposit in the Democratic Republic of Congo.Resources in the near-surface deposit are pegged …
US markets continue to slide
Denver — The Dow Jones industrial average sank another 243.43 points, or 2.7%, to 8,659.64 during the report period ended Sept. 25 — its lowest level in four years. The Nasdaq settled at 1501.64.The…
New trends in platinum demand
Demand for platinum in 2000, at 5.6 million oz., was marginally up on the record level achieved in 1999, but the pattern of consumption was significantly different from that of recent years.Sales to t…
Drilling awakes Sleeping Giant
Partners Cambior (CBJ-T) and Aurizon Mines (ARZ-T) have upped gold reserves at the Sleeping Giant mine in northwest…
Fieldwork kicks off at South Voisey Bay
Vancouver — NDT Ventures (NDE-V) and Donner Minerals (DML-V) report that work has commenced at the South Voisey Ba…
Partners test Hope Bay
Some 4,680 metres of drilling on the Hope Bay Gold project in Nunavut by partners Hope Bay Gold (HGC-T) and Miramar…
Masuparia Gold cuts high-grade at Greywacke project
Vancouver — Masuparia Gold (MPG-V) has kicked off a 1,000-metre drill program at its Greywacke project situated 90…
IOC idles pellet plant
The Iron Ore Company of Canada (IOC) plans to suspend construction at the iron ore pellet-making plant in Sept-les…
Chibuluma South suspended
Falling copper prices and climbing processing costs have conspired to force London-listed Metorex to temporarily pl…
Namibian Minerals granted reprieve
Junior Namibian Minerals (NMR-T) has been granted another month to restructure its debt.The moratorium, which i…
Trading Summary (September 28, 2001)
The hot-and-cold gold sector was the only blemish on the Toronto Stock Exchange on Friday, falling 9.7 points to 5,…