Starfield advances Ferguson Lake (July 16, 2001)
Rankin Inlet, Nunavut — Recently cashed up and determined to expand resources at its Ferguson Lake copper/nickel/cobalt/platinum-group-metals property in Nunavut, Starfield Resources (SRU-V) is churn…
Articles by Northern Miner Staff
Juniors test waters in British Columbia
A recent change in government is fuelling optimism and a modest revival of exploration in British Columbia. Mining executives say the government’s promises to streamline permitting procedures and impr…
News – 16-JUL-01
Pessimism batters euro, bolsters dollar Currencies and confidence
A growing number of economists agree that the U.S. dollar is over-valued, but that hasn’t stopped investors from shunning the euro, which dipped to fresh seven-month lows last week after the European …
GOLD FUNDS (July 16, 2001)
Dundee Precious MetalsCentral FundNet Value$13.49$5.06Price$9.75$4.80Discount27.725.10Val…
Freeport enjoys strong quarter
Denver — Improved ore grades and record throughput at the Grasberg copper-gold operation in Irian Jaya, Indonesia, should propel Freeport-McMoRan Copper & Gold (FCX-N) to a profitable second quarter….
Alcan celebrates centenary
Alcan is celebrating its centenary by donating the buildings where the first aluminium casting took place plus $1.1 million to La Cit de l’Energie, a non-profit corporation in Quebec, which has agree…
Wardrop assumes some BLM staff
Fifteen geotechnical specialists and engineers from now-defunct BLM Engineering have joined Wardrop, an engineering and consulting firm based in Toronto.Wardrop had completed several projects with Sud…
BacTech puts copper technology to test
Monterrey, Mexico — Having spent the past 15 years developing bioleach applications to treat refractory sulphide gold ores, only to see gold prices plummet to historic lows, BacTech Enviromet (YBA-V)…
Tan Range encouraged at Luhala gold project
The success of Barrick Gold’s (ABX-T) Bulyanhulu mine has been a shot in the arm for junior companies exploring properties in Tanzania’s Lake Victoria district. The senior producer recently exercised …
Survey says platinum could reach surplus
The amount of newly refined platinum, palladium and rhodium entering the market is expected to rise sharply this year, owing mostly to expanded production at many South African operations.Meanwhile, t…
Northern Miner Indices (July 16, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T18.8ComincoCLT-T4.9FalconbridgeFL-T5.9Franco-Nevada MiningFN-T6.3Freeport McMoRan Cop’r BFCX-N5.0Homestake MiningHM-N6….