Aurizon advances Casa Berardi
Vancouver-based Aurizon Mines (ARZ-T) has privately placed 3.7 million flow-through shares at $1.35 apiece to raise…
News
Placer Dome enjoys record quarterly profit
Vancouver — Increased production and a higher realized gold price enabled Placer Dome (PDG-T) to generate record earnings in the first quarter.The company earned US$64 million (or US16 per share) on…
Editorial Cartoon (May 12, 2003)
The Northern Miner Indices (May 12, 2003)
North American Mining: 66.80 (+2.33)Small Producers: 63.27 (+4.97)(Sept. 30/98 = 100)…
Intrepid looks to Argentina
Calingasta, Argentina — The acquisition of the Casposo gold-silver project in the province of San Juan provides Intrepid Minerals (IAU-V) with a platform for growth in Argentina.The Toronto-based jun…
Nickel demand rises while zinc slips
The following is the last of four instalments of The Commodity Refiner, published by London, U.K.-based Barclays Capital Research. This week we offer an overview of nickel and zinc markets.NickelVolat…
Globestar eyes producer status in Dominican Republic
Santo Domingo, Dominican Republic — Globestar Mining (GMI-V) (formerly TGW Corp.) has taken a step toward joining the ranks of mid-tier base metal producers by signing a mining resolution for its Cer…
Barrick’s earnings slump as costs rise
Whereas most gold companies saw their bottom lines strengthened during the first quarter, Barrick Gold (ABX-T) suffered shrinking profits and revenue as production fell and costs rose at many of its b…
Here’s to a soft landing
The decline of the United States dollar on international currency markets is, like the dot-com meltdown, one of those things everyone will say he saw coming a long time ago.It’s no great distinction t…
Ditem adds pipe at Tichegami
Ditem Explorations (DIT-V) has intersected kimberlite while testing a couple of distinct geophysical targets while drilling on the Tichegami property in north-central Quebec.The newly designated H-3 a…
Franco’s Nevada royalty on block
One of the most valuable assets in the Nevada gold belt — Franco-Nevada Mining’s royalty interests in the burgeoning Goldstrike mine — is for sale.Situated in the Carlin gold trend, near Elko, and a…
Placer to offload Falco stake
Placer Dome wants to divest itself of its interest in Falconbridge.Placer has a 14% share interest in the nickel producer, representing about 15.6 million shares. Placer’s Falconbridge shares are held…