PNWC makes grade at River Valley
Vancouver — Junior explorer Pacific North West Capital (PFN-V) continues to expand platinum-palladium mineralization at its River Valley project, near Sudbury, Ont.The 11,000-metre drill program is u…
Articles by Northern Miner Staff
Gold Fields pays off Tarkwa loan (May 21, 2001)
Denver — Gold Fields (GOLD-Q) has paid off the project loan for the Tarkwa gold mine in Ghana, three years ahead of schedule.The South African company used cash flow from operations, as well as proce…
Goldcorp posts record earnings
On the back of newfound production at the Red Lake mine in northwestern Ontario, Goldcorp (G-T) has posted its best quarterly earnings and cash flow in nearly a decade.Earnings in the three months end…
Eldorado posts loss
Vancouver — Eldorado Gold (ELD-T) slipped into the red during the first quarter as a result of lower overall production. The shortfall is attributed to a change in mining methods at the Sao Bento min…
Starfield hits high grade
Vancouver — The first hole of a 40,000-metre drill program has expanded the high-grade zone at the Ferguson Lake nickel-copper-cobalt-platinum-palladium project in Nunavut.Starfield Resources (SRU-V)…
Aurora insiders exercise warrants
The following insider trading transactions were recently reported in the Ontario Securities Commission’s OSC Bulletin:- Aurora Platinum (ARP-V) — Exploration Capital Partners, owner of more than 10% …
Glimmer mine shuts down
Partners Exall Resources (EXL-T) and Glimmer Resources (GME-V) have suspended production at their Glimmer gold mine in northern Ontario.The pair hopes to resume production in the near future, and, tow…
Boliden to issue shares, retain Chilean assets
Swedish-Canadian miner Boliden (BOL-T) says it will go ahead with a financial restructuring as its board of directo…
BHP shareholders okay merger
Shareholders of Australia’s BHP (BHP-N) voted in favour of a proposed US$32-billion merger with Billiton to create…
De Beers buyout okayed
Shareholders of De Beers Consolidated Mines (DBRSY-Q) have approved an US$18.7-billion buyout offer that would see…
Silver Standard hits down under
Vancouver — A newly completed 12-hole reverse-circulation drill program by Silver Standard Resources (SSO-V) has e…
McWatters seeing red
With mining suspended at the Sigma-Lamaque open-pit gold mine in Val d’Or, Que., McWatters Mining (MCW-T) has poste…