Strike clips Falco’s wings
The good times did not last long for Falconbridge (FL-T), which barely squeaked out a profit in the first quarter.Pinning the blame on falling metal prices, a strike in Sudbury and production difficul…
Articles by Northern Miner Staff
IMA aims drills at Argentine gold prospect
Vancouver — IMA Exploration (IMR-V) is advancing the Mogote copper-gold property in northwestern Argentina, following recent reconnaissance work.The 80-sq.-km property is 70 km north of the Pascua an…
Greed drives ‘self-financing’ war Vultures descend on DRC
It has become trendy to blame globalization and the “corporate agenda” for the world’s ills, but when it comes to human misery, even the vilest industry captain would be left in the dust by some of th…
News – 30-APR-01
NovaGold sells assets
Denver — To fund exploration on its recently acquired Donlin Creek gold deposit, in southwestern Alaska, NovaGold Resources (NRI-T) has liquidated several non-core assets.The company sold commercial …
PEOPLE (April 30, 2001)
Black Bull — Jack Hartery appointed director.Cons. Oasis — John Buckle and Andre St-Michel appointed directors.Stratabound — Daniel Hrushewsky appointed VP.Kalimantan Gold…
Temagami has diamond potential: OGS
Stream sediment-sampling by the Ontario Geological Survey (OGS) has uncovered new targets for diamond exploration in the area of Temagami and Marten River, northwest of North Bay.The survey outlines s…
Staff Investment Policy (April 30, 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…
Algoma files for court protection
A huge first-quarter loss, overwhelming long-term debt and massive steel dumping into North America by foreign countries have forced Algoma Steel to file for court protection from its creditors.The Sa…
OGS expands database
The Ontario Geological Survey (OGS) has purchased airborne geophysical data from the private sector and is making the information available to the mining industry.The OGS will use the data to compleme…
Caber drilling goes one-for-six
A 6-hole drill program mounted by Quebec government-owned Soquem has failed to intersect any significant sulphides on the Caber property, west of Matagami; however, the work did uncover significant mi…
EXCHANGE RATES (April 30, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateApril 24April 23 April 20April 19April 18US$ in C$1.54821.54641.5434…