Articles by Northern Miner Staff


Iamgold jilted, again (December 13, 2004)

After weeks of legal challenges and verbal sniping, shareholders of Gold Fields (GFI-N) have finally had their say, narrowly rejecting their company’s plan to merge its international assets with those of Iamgold


Alcan plans closures, job cuts (December 13, 2004)

Montreal-based aluminum giant Alcan (AL-T) plans to close three European facilities as part of a restructuring plan associated with its assimilation of French rival Pechiney, which it acquired in 2003.


Stillwater increases safety

The U.S. Mine Safety and Health Administration (MSHA) says Stillwater Mining‘s (SWC-N) namesake mine is the “most improved” in the Rocky Mountain District.




Canadian Stock Exchange Indices (December 13, 2004)


Miners take a smackdown

U.S. stock markets were little-changed over the report period Dec. 1-7, but the mining stocks fell sharply. The S&P 500 index, representative of the broad market, was up 3.25 points to 1,177.07, but the XAU gold and silver index fell about 6% in t…



MinMetals deal for Noranda offers little for Canada

This is the first of two parts taken from a paper titled China Minmetals and Noranda: A Backdoor Nationalization Process of Canada’s Natural Resources? The paper was written and published by the office of David Kilgour, Liberal member of Parliamen…


Ivanhoe eyes Mongolian coal

Vancouver — Buoyant prices, driven largely by unquenched demand from China, has prompted Ivanhoe Mines (IVN-T) to evaluate a number of coal projects in the South Gobi region of Mongolia.


Merger mania fuels trading

The report period Dec. 1-7 saw the price of gold fall US$1.60 to close at US$451.80 per oz. in the afternoon in London. All mining-related indices lost ground. The gold index fell 13.2 points, or 5.9%, to close at 209.30, and the diversified metal…


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