Articles by Northern Miner Staff


PEOPLE (May 07, 2001)

Canspar — Stuart Lee appointed interim CEO.Niko Resources — William Hornaday appointed VP of operations.




Franco has banner year

For a company whose principal assets are unhedged gold royalties, Franco Nevada Mining (FN-T) had an unusually good year ended March 31.The Toronto-based royalty company turned a $113.4-million profit…


Majors option Tucum target

Majors Teck (TEK-T) and Inco (N-T) will jointly explore the Tucum iron-oxide copper-gold project in north-central Brazil.The pair can earn an initial combined 51% interest in the property from Brasilc…


Gold price might rise: survey

There is a growing possibility that the price of gold will break out of the US$256-to-$273-per-oz. range witnessed in the first quarter, according to Gold Survey 2001, published by U.K.-based Gold Fie…


Sideways-trading takes hold

Although several positive fundamental factors emerged from the U.S. during the report period April 23-27, these were offset by negative ones worldwide, such as weakening fundamentals in the Asian regi…



Exchange Rates (May 07, 2001)

CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateMay 1April 30 April 27April 26April 25US$ in C$1.53381.53561.5417…


Market rally gathers steam

Denver — The Dow Jones industrial average chugged ahead, gaining 444 points, or 4.2%, in the April 25-May 1 report period to close at 10,898.34, its highest point since mid-February.Most issues were …


Golds picking up in quiet market

The report period ended May 1 was a quiet one for the Toronto Stock Exchange, with the TSE 300 composite index up fractionally at 7,946.33 points for a gain of 54.66 points, or 0.7% of value.What was …


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