Grupo Mexico’s first half hit by lower metal prices
Despite an aggressive cost-cutting campaign, Grupo Mexico posted a loss of US$42.7 million (7 per share) on revenu…
Articles by Northern Miner Staff
Morobe feasibility negative
Vancouver — Fresh from picking up Rio Tinto’s (RTP-N) Wafi copper-gold deposit, Australian-based Aurora Gold says…
Kena holds potential for Sultan
Vancouver — Junior Sultan Minerals (SUL-V) is at the early stages of outlining a promising high-tonnage, low-grade…
Annax eyes Lae Jehe
Vancouver With the Anjing Hitam zone at the feasibility stage, International Annax Ventures (IAX-V) is busy searc…
Trading Summary (July 30, 2001)
The Toronto Stock Exchange fell 40.86 points to 7,641.3 in thin trading on Monday. By day’s end, six of the TSE’s 1…
El Peon keeps Meridian in black without hedging
With second-quarter net income of US$10 million on revenue of US$27.8 million, Meridian Gold (MNG-T) has proved that real money can be made in the gold business without hedging. Much of the credit bel…
IMA readies Peruvian gold prospect for drilling
While constructing pads for an upcoming drill program, IMA Exploration (IMR-V) uncovered a new gold showing at its Rio Tabaconas project (formerly known as Tamborapa) in northern Peru.The outcrop yiel…
News – 30-JUL-01
US becoming reliant on imported minerals
The U.S. Geological Survey (USGS) has long been an anomaly in the Department of the Interior, particularly in the bad old days when Bruce Babbitt ruled the department with a mean green fist. The notio…
NAME CHANGES (July 30, 2001)
Canada Fluorspar Inc. (CFI-V) has changed its name to Continental Ridge Resources (KRI-V) on a 1-new-for-1-old-share basis.
That sinking feeling
Worse-than-expected industrial production data for the U.S. and the European Monetary Union (the eurozone IP moving into negative territory, year over year, for the first time at minus 0.1% in May), t…
Newfoundland backs new enterprises
AUGUST 1951Under the driving force of Premier Joseph Smallwood, the Newfoundland government is pushing a program designed to broaden the provincial economy. The campaign largely revolves around promot…