AngloGold shines in quarter
Denver — A solid operating performance by AngloGold (AU-N) in the first quarter translated into income of US$43 million (or 40 per share), compared with a loss of US$18 million (16 per share) in th…
Articles by Northern Miner Staff
More stones at Fort la Corne
Based on results from last year’s bulk-sampling of two kimberlites at the Fort la Corne project in Saskatchewan, partners Kensington Resources (KRT-V) and De Beers Consolidated Mines (DBRSY-Q) are c…
De Beers offer sweetened
The bid by a group led by Anglo American (AAUK-Q) to take De Beers Consolidated Mines (DBRSY-Q) private has been raised by US$2 for the benefit of minority shareholders who were holding out for a bett…
Navigator options claims to Tahera
Diamond explorer Tahera (TAH-T) has optioned a small land package held by Navigator Exploration (NVR-V) near the Jericho project in Nunavut.Tahera can earn an initial 51% interest in the JH claims in …
Villagers approve resettlement plan
From a distance, the village of Rosia Montana in Romania’s Transylvanian Mountains epitomizes the pastoral tranquillity of rural Europe. A closer inspection reveals the scars of a repressive political…
Gold Funds (May 07, 2001)
Gold Funds as of April 26, 2001Dundee PreciousCentralMetalsFundNet Value$12.53$5.22Price$8.
Weak currencies hamper Homestake
Denver — Weakening of the Australian and Canadian dollars relative to the greenback forced Homestake Mining (HM-N) to post a first-quarter loss of US$12 million (or 5 per share).The loss is attribut…
Apex Silver rehires at San Cristobal
Denver — At its San Cristobal silver-zinc project in Bolivia, Apex Silver Mines (SIL-X) has dumped the mining contractor Washington Group International in favour of Henry Walker Eltin of Australia.Th…
Producer and Dealer Prices (May 07, 2001)
Antimony: Mid-mkt US$1,245/t.Bismuth: Mid-mkt US$3.85/lb.Cadmium: Mid-mkt US$0.22/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$10.50-13.00/lb.Copper: Comex July US$0.784/lb.Indium: In…
LME Warehouse Levels (May 07, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, May 1/01 (change from April 24 in brackets):MetalStock (tonnes) ChangeAluminium455675…
Staff Investment Policy (May 07, 2001)
The Northern Miner does not permit any editorial employee to file stories about companies in which the writer owns shares. Editorial employees are also not permitted to take part in initial public off…
Manhattan rises to challenge at Tambo Grande
More and more, it seems that the toughest challenge for a mining company is not discovering a deposit but proving that it can be developed in a socially responsible and environmentally sustainable man…