Trading Summary (September 17, 2001)
As expected, the major U.S. markets suffered significant losses on Monday, their first day of trading since before…
Articles by Northern Miner Staff
Franco to control Echo Bay in debt deal
A proposal by Echo Bay Mines (ECO-T) to convert a large debt into common shares would hand effective control of the company to Franco-Nevada Mining (FN-T), and put a large block of shares into the han…
Drilling at Sastre fails to return higher-grade values
Investors bailed out of Radius Explorations (RDU-V) ahead of drill results from the Tambor gold property in central Guatemala, driving the stock to a 52-week low of 45.The junior tabled disappointing…
NAME CHANGES (September 17, 2001)
Timpete Mining (TPM-V) has changed its name to Entree Resources (ENS-V) on a 4-new-for-1-old-share basis.Zim Gold Resources (ZIM-V) has changed its name to Noise Media (NM…
Glamis finds legal challenges in Honduras
Denver — The San Martin gold mine owned and operated by Glamis Gold (GLG-N) is a technical success, about to reach its expanded annual production rate of more than 110,000 oz. gold. It was built to h…
Taxing times
Canada’s mining industry is under siege again, this time by the federal government, which decided last year that mining and other resource sectors will not be eligible for a reduction in the basic fed…
News – 17-SEP-01
VMS prospects in Elu belt
Following the acquisition of the Elu property in Canada’s northern territory of Nunavut, Sherwood Petroleum (SWD-V) has discovered a number of volcanogenic massive sulphide (VMS) showings during its i…
Nunavut open for business (September 17, 2001)
In two short years since the creation of Nunavut in April 1999, our government has begun to make significant changes in the way business is conducted in the territory.Transforming Nunavut’s unrivalled…
Cyandide code being developed
A cyanide management code is being developed for the gold mining industry under the auspices of the United Nations Environment Programme (UNEP) and the International Council on Metals and the Environm…
Long-awaited Viola MacMillan autobiography hits bookstores
From the Ground Up…
Metals give back August gains
After another poor week, base metals markets ended back at their recent lows and have now given back almost all of the gains made in August’s second half rally.Nickel has fared worst of all, cementing…