Articles by Northern Miner Staff
Suppliers Roundup (March 15, 2004)
GLR picks Gekko at GoldfieldsGLR Resources has ordered a 2,000-ton-per-day Gekko Systems modular gravity concentrator for its Goldfields gold project, 15 km south of Uranium City in northern Saskatche…
Gold heads for fresh peak in first half
The rally in gold has become increasingly fuelled by the depreciating U.S. dollar, or, more accurately, is following the trend in the euro. However, it is important to note that this relationship is m…
Canyon posts loss for 2003
Colorado-based Canyon Resources (CAU-A) posted a net loss of US$10 million on revenue of US$13 million for 2003, based on sales of 37,506 oz. gold and 13,943 oz. silver from the Briggs mine in Califor…
Tipping point for the Liberals
Capt. Renault: I’m shocked — shocked! — to find that gambling is going on in here. . . .Emil (to Renault): Your winnings, sir.Capt. Renault: Oh, thank you, very much. . . Everybody out at once!– a …
Madison revs drills
Vancouver-based Madison Enterprises (MNP-V) is gearing up for more exploration at the Mt. Kare gold-silver project in Papua New Guinea and the Lewis gold property in Nevada.At Mt. Kare, Madison is pre…
South Atlantic buys Zinkgruvan mine
Vancouver — South Atlantic Ventures (SAA-V) has inked a deal with Rio Tinto (RTP-N) to buy the Zinkgruvan mine in southern Sweden.One of the largest underground mines in Europe, Zinkgruvan has been p…
Miramar gains time for northern projects
A newly amended option agreement gives Miramar Mining (MAE-T) more time to explore the George and Goose Lake gold projects in Nunavut.Last fall, Miramar signed a letter agreement with Kinross Gold (K-…
Dubai to open gold bourse
A gold exchange will soon open in Dubai following the announcement of the first Arab diamond exchange as part of the United Arab Emirate’s “free zone” for gold, metals and commodities.The new diamond …
Consolidation in Australia
The Australian resources sector has undergone tremendous change over the past three or four years, and global consolidation has focused heavily on Australian names.The frenetic activity was due to sev…
Writedown spills red ink over Stillwater
A major writedown of mining assets has hampered the bottom line of Stillwater Mining (SWC-N), the largest primary producer of platinum group metals outside of South Africa.The company posted a net los…
Alcan wins award
Montreal-based Alcan has won an award in the category of Best Overall Company in the first edition of the International Business Awards.The honour comes just days after Fortune magazine named the alum…