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…
Articles by Northern Miner Staff
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$1 billion in transactions this year.Moreover, the company expects the value of transactions to escalate to US$…
Metal Prices (August 27, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateAugust 21August 20August 17August 16August…
MOST ACTIVE ISSUES, AUGUST 15-21
ExchgVol(000s)HighLowCloseChangeAlcoa*N 10919 38.50 36.05 37.40 + 0.49…
Radius drills Lupita
Vancouver — Junior Radius Explorations (RDU-V) has tabled low-grade results from two more holes at the Lupita zone on its Tambor gold project in Guatemala. The Simon Ridgway-led company is now drilli…
Exchange Rates (August 27, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateAugust 21August 20August 17August 16August 15US$…
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…