Aker Kvaerner settles Tonopah dispute
Equatorial Mining, based in Sydney, Australia, will receive US$101 million from engineering firm Aker Kvaerner to resolve legal claims surrounding the failed Tonopah gold mine in Nevada. The settlemen…
Articles by Northern Miner Staff
Carlin workers to vote on new deal
A ratification vote is set for early February on a contract between Operating Engineers Union Local 3 and Denver-based Newmont Mining.The balloting will be held at the Elko Convention Center in Nevada…
Northern Dynasty expands Pebble
Resources at Northern Dynasty Minerals’ () Pebble gold-copper project, 380 km southwest of Anchorage, Alaska, have swelled following 19,948 metres of drilling in 59 holes.Norwest Corp., an independent…
People (February 02, 2004)
Alcan — Michael Hanely appointed president and CEO of Alcan Bauxite and Alumina; Michel Jacques appointed president and CEO of Alcan engineered products; Christel Bories appointed president and CEO o…
St. Jude cuts more gold at Benso (February 02, 2004)
Vancouver — St. Jude Resources () has released encouraging drill results from the Benso concession in Ghana, West Africa.Drilling on the G zone has determined that mineralization strikes for more tha…
When stars line up
More commentators are saying out loud what was only safe to whisper a year ago: that commodity markets seem to have turned the corner, and that renewed economic growth may sustain a bull market for se…
Alcoa sells off can business
Alcoa has packaged part of its packaging equipment business and sold it to American Industrial Partners (AIP) for roughly US$45 million.The sale is part of the aluminum titan’s strategy of focusing on…
The Northern Miner Indices (February 02, 2004)
North American Mining: 105.08 (-0.92)Small Producers: 118.19 (+5.97)(Sept. 30/98 = 100)…
Exchange Rates (February 02, 2004)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJan. 27Jan. 26Jan. 23Jan. 22Jan. 21US$ in C$1.30491.31361.31191.2…
Jaguar Mining consolidates Quadrilatero Ferrifero
Belo Horizonte, Brazil — Rarely does a newly listed junior gold company come with 2.5 million oz. already in the ground and an operating team experienced enough to advance them to production.Yet that…
Anglo eyes Cardero ground in Mexico
Vancouver — Cardero Resources (CDU-V) and its joint-venture partner, Anglo American (AAUK-Q), have identified several anomalies following an airborne geophysical survey over their 50,000-sq.-km Alisi…
Anooraq lines up PGM partner in South Africa
Anooraq Resources (ARQ-V) intends to merge its platinum group metal projects in South Africa with those of black empowerment company Pelawan Investments.In return for 91.2 million shares plus $1.7 mil…