Goldcorp bumps up grade
Goldcorp (G-T) has increased by 43% the number of contained ounces in the High Grade zone of the Red Lake mine in northwestern Ontario.The mine, which re-entered production in August, now has a reserv…
Articles by Northern Miner Staff
Great Quest to focus on Baroya Banro prolongs suit against DRC
Vancouver-based Great Quest Metals (GQ-V) has renegotiated its right to earn a 95% interest in the Baroya concession, 12 km north of Kenieba in western Mali. The project is west of, and adjacent to, t…
Summo bids for half-interest in Matrix
Denver — Junior Summo Minerals (SMA-T) has struck a deal with the two largest shareholders of Matrix Metals for the purchase of a 48% stake in the Australian copper producer.Summo will acquire 40% of…
Stainless future for manifolds
As engine temperatures rise to make harmful emissions fall, automakers are turning to cast stainless exhaust manifolds to prevent thermal fatigue.”Because engines are running much hotter, some applica…
PGE exploration tops agenda at Cordilleran Roundup
Vancouver — Platinum and palladium plays took centre-stage at the 18th annual Cordilleran Roundup, held here in late January. About 2,100 delegates and 128 exhibitors attended the 4-day event, which …
Golds tank again on price slide
The Toronto Stock Exchange was modestly higher over the trading period Jan. 24-30, avoiding the wild mood swings it had experienced in December, despite seeing relatively heavy trading. The TSE 300 co…
Mining index hurdles 6000 mark
Vancouver — Canada’s junior exchange continued to drift higher, propelled by a triple-digit gain in the mining index. The Canadian Venture Exchange composite index tacked on 81.9 points, or 2.6%, and…
Metal Prices (February 05, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJan. 30Jan. 29Jan. 26Jan. 25Jan. 24Aluminium1690/16…
Producer and Dealer Prices (February 05, 2001)
Antimony: Mid-mkt US$1,300/t.Bismuth: Mid-mkt US$3.90/lb.Cadmium: Mid-mkt US$0.21/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$11.45-14.30/lb.Copper: Comex March US$0.841/lb.Indium: I…
Canadian Stock Exchange Indices (February 05, 2001)
DateJan. 30Jan. 29Jan. 26Jan. 25Jan. 24HighLowTSE 300…
Darnley Bay gears up for major program
The coming year promises to be a busy one for Darnley Bay Resources (DBL-V) as it continues to search for deposits of copper, nickel, platinum group elements (PGE) and diamonds in the Inuvialuit settl…
Alcan earnings slide
With net income slipping 43% in the recent quarter, Alcan Aluminium (AL-T) is warning that a weaker economy may cut into aluminum demand.For the fourth quarter ended Dec. 31, 2000, the world’s second-…