Magistral drilling pulls high-grade copper
Vancouver — Junior Inca Pacific Resources (IP-V) and its partner, Anaconda Peru, have completed 80% of a 14,000-metre drill program at the Magistral copper porphyry-skarn property in the South Americ…
Articles by Northern Miner Staff
CDNX stalls on low volume
Vancouver — Canada’s junior exchange failed to generate any excitement as all indices traded in a narrow range and on low volume. The Canadian Venture Exchange composite index added 0.08 of a point t…
GREATEST VALUE TRADED, AUGUST 15-21
ExchgVal($000s)HighLowCloseChangeAlcoa*N 408393 38.50 36.05 37.40 + 0.49…
Northern Miner Indices (August 27, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T18.7FalconbridgeFL-T5.9Franco-Nevada MiningFN-T6.5Freeport McMoRan Cop’r BFCX-N5.3Homestake MiningHM-N6.4IncoN-T9.4Newm…
Staff Investment Policy (August 27, 2001)
The Northern Miner does not permit any editorial employee to file stories about companies in which the writer owns shares. Editorial employees are also not permitted to take part in initial public off…
Twin Mining tests boart-free kimberlite
Jackson Inlet, Nunavut — Canada’s High Arctic was a favoured destination for diamond exploration long before important discoveries were made in the southerly Lac de Gras region. Cominco (CLT-T) and D…
Barytex eyes Mantua (August 27, 2001)
Vancouver-based International Barytex Resources (IBX-V) is seeking funding for a bankable feasibility study of the Mantua copper project, 230 km west of Havana, Cuba.A technical study by Hatch Associa…
Producer and Dealer Prices (August 27, 2001)
Antimony: Mid-mkt US$1,005/t.Bismuth: Mid-mkt US$3.60/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$9.50-11.00/lb.Copper: Comex Sept. US$0.6715/lb.Indium: I…
Agnico-Eagle inaugurates Penna shaft
Rouyn-Noranda, Que. — Mine openings and expansions are increasingly rare events in this historic camp, so a few showers did not dampen the enthusiasm of more than 800 guests who gathered here to help…
Breakwater dons survival gear as zinc sinks
Depressed metal prices are taking their toll on Breakwater Resources (BWR-T), with the zinc miner racking up $9.5 million in losses for the first six months of the year along with a drop in revenue to…
Partners shake on finance
Partners Boliden (BOL-T) and Swedish-listed North Atlantic Natural Resources, in which Boliden and South Atlantic Resources (SCQ-V) each own 38%, have agreed to a financing structure to bring the Stor…
On-line procurer aims for 1 billion
Quadrem, the mining industry’s largest on-line procurement service, expects to rack up US$1 billion in transactions this year.Moreover, the company expects the value of transactions to escalate to US$…