Friedland, EPA settle Summitville suit
Denver — Mining financier Robert Friedland has reached a settlement with the U.S. and Colorado governments to end four and a half years of legal wrangling over an environmental cleanup of the Summitv…
News
Letter to the editor: TNM ‘dismissive’ of global warming
I am amazed that The Northern Miner continues to be adamantly dismissive of the concept of global warming as shown in several recent editorials.Publications as varied as the Manchester-based Guardian …
Cambior granted extension
Key lenders to Cambior (CBJ-T) have granted the company a 2-week extension for the completion of its financial restructuring plan, giving the company more time to arrange and consolidate its debt.Camb…
Exchange Rates (January 01, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateDec. 26Dec. 25Dec. 22Dec. 21Dec. 20US$ in C$HolidayHoliday1.51671.51851.5219C$ in US$Holiday Holiday0.65930.65850.6570EXCHANGE RATES…
Staff Investment Policy (January 01, 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…
Mergers dominate lacklustre year in US mining
Denver — The year 2000 began on a note of optimism for mining in the U.S. The Washington Agreement, an accord of Europe’s top bullion-holders that aims to regulate and limit sales, promised to revive…
Year of the Survivor for mining industry
Age and guile beat youth and energy in 2000, as companies fought for survival.Survival of the fittest was the overarching theme of the year as exploration and mining companies competed for life-sustai…
Year is capped by Aber’s sale of Snap Lake to De Beers
Aber Diamond (ABZ-T) has agreed to sell its 32.24% interest in the promising Snap Lake project to South Africa’s De Beers Consolidated Mines (DBRSY-Q) for $173 million.The move came just days after Lo…
News – 01-JAN-01 (January 01, 2001)
Low commodity prices, high costs cast pall over 2000
Vancouver — The brutal combination of high costs and weak commodity prices translated into more mine closures than openings in the past year. Several companies were forced to suspend mining and devel…
The Northern Miner — North American Mining Index (January 01, 2001)
78.53 (+1.42)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (January 01, 2001)
43.92 (+0.40)(Sept. 30/98 = 100)…