Gold takes flight, albeit briefly
The Dow Jones industrial average fell 83.45 points, or 0.75%, for the report period ended Feb. 8 amid inflationary fears, while gold responded positively.Spot gold on the Comex division of the New Yor…
Articles by Northern Miner Staff
Madison seeks funding for Mt. Kare
Madison Enterprises (MNP-V) has arranged for a $5.2-million private placement to finance drilling on the Mt. Kare gold-silver property in Papua New Guinea.The financing consists of 8 million units pri…
Anglogold eyes property in Red Lake gold camp
A letter-of-intent agreement paves the way for Anglogold (AU-N) to earn from Rubicon Minerals (RMX-V) a majority interest in more than 20,000 ha in the Red Lake mining camp of northern Ontario.To earn…
REGULAR DEPARTMENTS (February 14, 2000)
Careers12-13Classified19Commentary4Editorial4Investment Commentary6Letters to the Editor5Metal Prices10Metals Commentary10Obituary5Odds ‘N’ Sods4People5Professional Directory15-17Stock Tab…
Stillwater posts record earnings
Stillwater Mining (SWC-X) has posted record earnings on the strength of higher commodity prices and a late surge in productivity at its namesake platinum-palladium mine in southwestern Montana.For the…
Bolivar Goldfields places Tomi mine on auction block
Bolivar Goldfields (BVG-T) is selling its Tomi gold mine in Venezuela in preparation for jumping on to the e-commerce bandwagon.The Toronto-based company has retained Endeavor Financial Corp. to assis…
Pascua adds 22% to Barrick’s reserves
Eschewing grassroots exploration in favour of a tightly focused district development program, Barrick Gold (ABX-T) plans to spend US$90 million this year to increase reserves near its existing mines a…
Variety adds spice to Teck
While analysts tend to prefer so-called “pure” metal plays, Teck’s (TEK-T) emphasis on product diversification has smoothed out much of the impact that cyclical price swings have on single commodity p…
PEOPLE (February 14, 2000)
Masuparia — Michael Magrum appointed director and vp.Tahera — Howard Miller appointed president and CEO.SouthernEra — Steven Banning appointed president and CEO.Gammon Lake…
Cambior rebuffs Aur offer
The directors of Cambior (CBJ-T) are advising shareholders to reject Aur Resources’ (AUR-T) hostile takeover offer, at least for the moment.Aur is offering one share for every 1.1 Cambior share (T.N.M…
Cortez, Granny Smith bolster Placer Dome
The Cortez mine in Lander Cty., Nev., retained its status as the lowest-cost gold producer in North America during 1999, contributing to a year of record production for 60%-owner Placer Dome (PDG-T).T…
Rebirth of the Emerald mine
I well recall those early days in the office of Canadian Exploration and Placer Development in Vancouver. Les Batten, Jerry Christie and I occupied a single small office adjacent to the large rooms of…