Quaterra targets classic platinum play
Ketchikan, Alaska — Some 56 km north-northwest of this regional port city, Vancouver-based Quaterra Resources (QTA-V) and partner International Freegold Mineral Development () are taking platinum exp…
News
Correction (July 23, 2001)
A recent story (T.N.M. July 16-22/01) contained incorrect information about DRC Resources’ (DRC-V) Afton property near Kamloops, B.C. The deposit holds an indicated resource of 25 million ton averagin…
News – 23-JUL-01
Gold Funds (July 23, 2001)
Gold Funds as of July 12, 2001Dundee Precious MetalsCentral FundNet Value$13.60$5.12Price$9.95$4.84…
Staff Investment Policy (July 23, 2001)
The Northern Miner does not permit any editorial employee to file stories about companies in which the writer owns shares. Editorial employees are also not permitted to take part in initial public off…
Lead prices buck downward trend
Lead was the only base metal on the London Metal Exchange (LME) to register an improvement in prices during the report period July 9-13. The average cash price moved up 3.3%, while the rest of the bas…
Placer reels in Pueblo Viejo, reels out Las Cristinas
The government of the Dominican Republic has awarded Placer Dome (PDG-T) the right to negotiate an agreement to develop the Pueblo Viejo gold-silver project into a modern, large-scale mine.Despite exp…
Canadian Stock Exchange Indices (July 23, 2001)
DateJuly 17July 16July 13July 12July 11HighLowTSE 3007694.137643.687765.637670.827570.7…
Cancor picks up Joutel
Montreal-based Cancor Mines (KCR-M) has taken up an option from Quebec Crown corporation Soquem, allowing it to earn a half-interest in the Kistabiche base metal property near Joutel, Que.The 17-sq.-k…
Semafo reduces resource
A re-evaluation of the resource at the Segala gold deposit in western Mali, by owner Semafo (SMF-T), has produced an estimate that is smaller but higher-grade than previous figures.The new estimate sh…
Alcoa earnings soar
Denver — Despite lower prices for alumina and aluminum ingots, a weak automotive sector and production cuts, Alcoa (AA-N) posted a record US$429 million (49 per share) in second-quarter profits, bef…
Golden Star granted licence
Denver — Ghana’s Ministry of Lands, Forests and Mines has granted a mining lease to Golden Star Resources (GSC-T) for the Prestea property.The Denver-based junior has the right to mine surface minera…