News

Investment Commentary — Best bets for 2002

The Northern Miner asked five market watchers of the junior mining and exploration sector for their top picks and opinions for the year ahead. This week we talked with John Kaiser, publisher of the Ka…


Partners trench East Bull Lake (January 21, 2002)

Trenching at the East Bull Lake gabbro-anorthosite intrusion near Sudbury, Ont., has turned up more platinum group metals for partners Mustang Minerals (YMU-V) and Falconbridge (FL-T).Falconbridge is …


Tobin’s legacy

Ostensibly weary of politics after 24 years, Industry Minister and former Newfoundland premier Brian Tobin has announced he will leave public life to spend more time with his family.Whenever a politic…



Wanted: tax reform

Mining in Canada has undergone a profound change and is now one of the world’s most dynamic and technologically advanced industrial sectors. With its strong links to other high-tech industries, both a…


Wayside arranges payment for Wells area claims

Vancouver — International Wayside Gold Mines (IWA-V) missed an option payment to Mosquito Consolidated Gold Mines (MSQ-V) in December 2001, owing to a lien filed by the British Columbia Ministry of R…


Amplats sets River Valley budget

Satisfied with its partner’s progress, Anglo American Platinum of South Africa has provided Pacific North West Capital (PFN-T) with another $2.3 million to advance the River Valley platinum-palladium …



Inmet gets $88m in Troilus case (January 21, 2002)

A British Columbia court has awarded $88.2 million to Inmet Mining (IMN-T) for breach of contract in the aborted sale of the Troilus gold mine in north-central Quebec.The decision is against Homestake…


Spending up in Nfld.

Exploration expenditures in Newfoundland in 2001 totalled $25 million, up slightly from $23 million in 2000. During 2001, 15,663 claims were staked compared with 12,969 in 2000.The increase in expendi…


Song contest nets winner $500

Alex Berthelot, Jr. of Elliot Lake, Ont., has won a songwriting contest sponsored by the Canadian Mining Hall of Fame. The lyricist, who was one of more than 40 contestants, was presented with the awa…


Oversubscribed UK auction revitalizes gold miners

Despite pre-auction jitters, gold soared $8.60 over the Jan. 9-15 report period to land at a London morning fix of US$287.95 per oz. on Jan. 16.On that day, the Bank of England sold another 20 tonnes …


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