NAP earnings slide in expansion phase
Although less profitable than a year ago, North American Palladium (PDL-T) earned a healthy $5.3 million during the three months ended June 30 as revenue topped $19.3 million.The 10-per-share earning…
Articles by Northern Miner Staff
Program tests Agnew Lake
South African major Anglo American Platinum has approved a $1.2-million budget for the Agnew Lake platinum group metals project in the Sudbury region of Ontario.Agnew Lake is owned by New Millennium M…
Pan American in red despite higher output
Vancouver — Despite an increase in production, Pan American Silver (PAA-T) suffered a loss in the second quarter, reflecting a 26-year low for silver prices.The company posted a net loss of US$2.8 mi…
Spot Prices Wed. August 15, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$276.35+$9.85Silver$ 4.23+$0.07Platinum$427.00-$…
Staff Investment Policy (August 20, 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…
Nickel’s fickle, zinc sinks
Aug. 6-10 was another poor week for base and precious metals prices, characterized by declines right across the board and week-on-week losses in all markets except gold. After tin (which registered a …
High PGM prices are here to stay
Robust prices can mask a multitude of sins, though not for long in mining, the most cyclical of all major industries. Producers of platinum group metals (PGMs) seem relatively immune to the old adage,…
De Beers returns to Doyle Lake
The Canadian exploration division of De Beers Consolidated Mines (DBRSY-Q) is back on the ground at Doyle Lake in the Northwest Territories, taking further till samples from the LA 1-25 claim bock. Th…
Silver Standard expands Manantial Espejo
Vancouver — Following a drill program at the Manantial Espejo silver-gold deposit in southern Argentina, Silver Standard Resources (SSO-V) has increased its indicated silver-equivalent resource at th…
Drills to turn at White Gold
Vancouver — Placer Dome (PDG-T) and Grayd Resources (GYD-V) are about to launch a 1,200-metre drill program at the White Gold property near Tok, Alaska.Placer, which is funding the program as part of…
Red Cliff confirms mineralized horizon
A 6-hole program by optionee Noranda (NRD-T) at the Red Cliff copper prospect in Newfoundland has confirmed copper-silver values in a mineralized horizon exposed at the Blue Point showing.Noranda, whi…
MK Gold advances Las Cruces
Now that mining has ended at the Castle Mountain operation in California, MK Gold (MKAU-O) is focusing all its efforts on permitting and financing the Las Cruces copper project in Spain’s Iberian Pyri…