Harper gets year, $4m fine
Former Golden Rule Resources (GNU-T) president Glen Harper, convicted in mid-July of two counts of insider trading in the company, has been sentenced to a year in jail and a fine just under $4 million…
Articles by Northern Miner Staff
Miner toys with retirement
Some men never grow up, and retired miners are no exception. They grow older, their hair recedes, and bellies often hang over their belts, but inside these men is a playfulness that never goes away.Th…
Hecla Mining tightens belt
In an effort to conserve cash, Hecla Mining (HL-N) has deferred payment of its quarterly dividend to holders of its Series B convertible preferred stock.It is the first time the company has skipped a …
Canadian Stock Exchange Indices (September 25, 2000)
DateSept. 19Sept. 18Sep. 15Sept. 14Sep. 13HighLowTSE 30010914.521…
F.P.O. Trans Hex launches global search for gems
Alluvial and marine diamond projects may not garner as much attention as primary ones, but their promise of higher quality gems has attracted a devout few, including Trans Hex International (THI-V).Si…
GREATEST VALUE TRADED, Sept. 6-12
ExchgVal($000s)HighLowCloseChangeAlcoa*N 360517 34.12 30.00 30.19 – 3.62…
Metal Prices (September 18, 2000)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateSept. 12Sept. 11Sept. 8Sept.
CDNX loses momentum owing to technology sell-off
Canada’s junior exchange finished the trading week ended Sept. 12 flat, with losses in the technology index offset by gains in the mining and oil and gas sectors. This is a reversal of the trend at th…
LME Warehouse Levels (September 18, 2000)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept. 12/99 (change from Sept. 5 in brackets):MetalStock(tonnes)Change…
Summo receives positive study for Lisbon Valley
With a bankable feasibility study in hand, Summo Minerals (SMA-T) plans to raise US$57 million to build a mine at its Lisbon Valley copper project in southeastern Utah.The property is fully permitted …
Minera Andes signs deal
A Peruvian mining company has set its sights on a silver-gold property held by Minera Andes (MAI-V) in Santa Cruz province of southern Argentina.Lima-based Mauricio Hochschild & Compania recently sign…
Fortune drills Nico
Once results from a 25-hole drill program are in hand, Fortune Minerals (FT-T) expects to release an updated resource estimate for the Nico cobalt-gold-bismuth deposit 160 km northwest of Yellowknife,…