Wallbridge to get its day in court
The Ontario Mining and Lands Commissioner has ruled that a full hearing must be held into Inco’s (N-T) contesting…
Articles by Northern Miner Staff
Sherritt finalizes Luscar acquisition
The Sherritt Coal Partnership has announced that it has acquired all of the outstanding units and debentures of the…
Trading Summary (July 03, 2001)
The Toronto Stock Exchange’s 300 composite index edged up 11.95 points to close at 7,748.3 on Tuesday as seven of t…
Barrick, Homestake propose marriage
In a paper deal worth US$2.3 billion, Barrick Gold () has agreed to take over Homestake Mining (HM-N) and thereby become the world’s second-largest gold producer.Barrick is offering 0.53 of a share fo…
Aurora cuts kimberlite at Belleterre
Aurora Platinum (ARP-V) has discovered a kimberlite body on the Midrim-Belleterre nickel/copper/-platinum-group-metal project in western Quebec. The junior made the discovery while drill-testing a cir…
News – 02-JUL-01 (July 02, 2001)
Merger trends
It was said of Benjamin Disraeli that he spent more time arriving at Westminster than he spent in it. Consolidation in the gold industry is arriving, still. It has to be said: if Barrick’s taking over…
Colorado evaluates land tracts
The Colorado Geological Survey (CGS) has released two reports which evaluate the resource potential of more than 4 million acres administered by the State Land Board.The land is in Kiowa and Cheyenne …
LME Warehouse Levels (July 02, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, June 26/01 (change from June 19 in brackets):Aluminium625100(+9375)Aluminium Alloy86740(+900)Copper434450(+9275)Lead…
More gold for Anatolia
Denver — Stepout drilling at the Cukurdere gold-copper prospect in central Turkey has hit the jackpot for partners Anatolia Minerals Development (YMC.U-V) and Rio Tinto (RTP-N).Hole CRC-1 stopped at …
Record copper consumption
Consumption of copper in the U.S. reached record levels in 2000.Preliminary data indicate total usage levels were 1% ahead of 1999. This comes on the heels of 1999’s total of 4.2 million tonnes, an al…
Boart Longyear among CDDA award winners
The Canadian arm of Boart Longyear, based in North Bay, Ont., won both the Class A surface and underground safety awards at the annual general meeting of the Canadian Diamond Drilling Association (CDD…