Echo Bay improves performance
Denver — Higher gold output, offset by declining silver production, contributed to an improved first quarter for Echo Bay Mines (ECO-X).Gold production during the first three months of 2000 reached 1…
Articles by Northern Miner Staff
Producer and Dealer Prices (May 28, 2001)
Antimony: Mid-mkt US$1,245/t.Bismuth: Mid-mkt US$3.80/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$10.25-12.25/lb.Copper: Comex July US$0.7915/lb.Indium: I…
Resource indices breach 7000 mark
Vancouver — The resource indices fueled the continued bull run on Canada’s junior exchange over the holiday-shortened week ended May 22. The Canadian Venture Exchange composite index soared 100.28 po…
MOST ACTIVE ISSUES, MAY 16-22
ExchgVol(000s)HighLowCloseChangeKinross GoldT 302251.550.981.39+0.44…
Major funds search for PGMs
Teck (TEK-T) has completed a $250,000 flow-through financing in each of East West Resource (EWR-V) and Canadian Golden Dragon Resources (CGG-V) and reached a deal with the pair to explore eight…
Minera seeks PGMs
Vancouver — With Pacific North West Capital (PFN-V) drilling its Janes-Davis property, Minera Capital (MNL-V) has launched a 750-metre drill program to the north, on its Murray Lake-Jane Township pla…
Morgain refurbishes plant
With government and environmental approvals in hand, Morgain Minerals (MGM-V) is gearing up to begin production at La Sauceda, a silver vat-leach project in Mexico’s Zacatecas state.The vat-leach plan…
First Quantum eyes Kansanshi deposit
Vancouver — In keeping with its philosophy of growth through acquisition, First Quantum Minerals (FM-T) has signed a letter of intent with Phelps Dodge (PD-N) to earn an 80% stake in the Kansanshi co…
Market catches gold fever
Denver — The Dow Jones industrial average surged again after a brief respite, climbing 384.27 points, or 3.5%, to 11,257.24, its highest point in 15 months. The Nasdaq hit 2313.85.Spot gold on the Ne…
Soquem, Eastmain drill deep at Clearwater
Exploration drilling by Quebec-government-owned Soquem at Eastmain Resources’ (ER-T) Clearwater (or Eau Claire) property in Quebec’s James Bay region has extended several known gold veins at depth.The…
Rio Grande grades confirmed
Vancouver — A newly completed 3,200-metre drill program on the Rio Grandeproperty in northwestern Argentina has…
Ghana’s Ashanti stake on the block
The government of Ghana may sell part of its 20% stake in gold minerAshanti Goldfields (ASL-N), plus a handful of…