News
People (May 05, 2003)
Cleveland Cliffs — James Trethewey appointed senior VP of operations improvement.Compania Minera Antamina — Wendell Pauling appointed president and CEO.
Canada made right decision
I am surprised by the number of letters you are publishing concerning the U.S. attack on Iraq. I am especially surprised by the simplistic take on Canada’s decision to remain neutral, as lamentably de…
Goldcorp lifts bottom line (May 05, 2003)
The turnaround in gold prices, combined with higher sales volumes, enabled Goldcorp (G-T) to overcome weaker production and record higher profits in the first quarter.Net earnings topped US$14.4 milli…
Juneau thrives on mining
The seaport city of Juneau, Alaska, owes its existence to the rich orebodies discovered there more than 100 years ago. In fact, a vast number of communities throughout the North American west were fou…
Canada took ‘balanced’ approach
Since the beginning of the U.S. military intervention in Iraq, opinions expressed in The Northern Miner have reached a highly emotional level. In fact, some of the comments, mostly relating to the pos…
Asbestos settlement looms
An agreement to create a privately financed US$100-billion trust to diminish the flood of asbestos lawsuits clogging up the U.S. court system is gaining momentum south of the border.The trust would en…
BC reclassifies land package
In a move designed to spur investment in British Columbia’s interior, the provincial government has reclassified 550 sq. km of Crown land and opened it up to mineral exploration.The land package consi…
Geodex gains former Cape Spencer mine
Intrigued by the potential for both bulk-tonnage and high-grade narrow-vein gold targets, Geodex Minerals (GXM-V) has struck a deal to acquire the Armstrong Brook property in southern New Brunswick.Th…
Spot Prices Wednesday April 30, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$336.00+2.20Silver$4.61+0.04Platinum$606.00-32.00…
Pacific Minerals cuts high-grade PGMs in China
Vancouver — Pacific Minerals (PMZ-V) has intersected high-grade platinum, palladium and gold mineralization while drilling the JBS project in China’s Yunnan province.Ongoing infill drilling is design…
Orezone finds north extension at Essakan
Vancouver — Ongoing drilling by Orezone Resources (ORZ-T) at the Essakan gold deposit in Burkina Faso has uncovered a northern extension.Results show that the zone has the same geology and style of m…