More than 100 feared dead in mine blast
The death toll is 16 people at an illegally operated coal mine in China’s southeastern province of Jiangsu. An expl…
Articles by Northern Miner Staff
Expo-Ungava yields more PGM
Having taken another look at some assay pulps from four holes collared by a previous operator on the Expo-Ungava co…
Trading Summary (July 23, 2001)
The oil and gas sector stood out from the pack, gaining 115.77 points, or 1.4%, helping to soften the blow of wider…
Canadian Stock Exchange Indices (July 23, 2001)
DateJuly 17July 16July 13July 12July 11HighLowTSE 3007694.137643.687765.637670.827570.7…
Cancor picks up Joutel
Montreal-based Cancor Mines (KCR-M) has taken up an option from Quebec Crown corporation Soquem, allowing it to earn a half-interest in the Kistabiche base metal property near Joutel, Que.The 17-sq.-k…
Semafo reduces resource
A re-evaluation of the resource at the Segala gold deposit in western Mali, by owner Semafo (SMF-T), has produced an estimate that is smaller but higher-grade than previous figures.The new estimate sh…
Alcoa earnings soar
Denver — Despite lower prices for alumina and aluminum ingots, a weak automotive sector and production cuts, Alcoa (AA-N) posted a record US$429 million (49 per share) in second-quarter profits, bef…
Golden Star granted licence
Denver — Ghana’s Ministry of Lands, Forests and Mines has granted a mining lease to Golden Star Resources (GSC-T) for the Prestea property.The Denver-based junior has the right to mine surface minera…
Junior market weaker, but some bright spots
The Canadian Venture Exchange composite index slipped 38.3 points, or 1.2%, to finish the report period ended July 17 at 3,105.28 points. The mining index was off 81.93 points, or 1.1%, at 7,373.91.Wi…
Placer Dome shuffles off Las Cristinas to Vannessa
While gold prices sat in a listless, US$265-per-oz. funk during the July 11-17 report period, there was a flurry of news from Canada’s biggest gold miners.Placer Dome announced an eleventh-hour deal t…
The Northern Miner — North American Mining Index (July 23, 2001)
69.94 (+1.72)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (July 23, 2001)
49.99 (-0.56)(Sept. 30/98 = 100)…