Canico expands Onca-Puma project
Canico Resource (CNI-T) has boosted the inferred resource estimate for its Onca and Puma nickel laterite deposits i…
Articles by Northern Miner Staff
Rock Creek shaping up for NovaGold (August 13, 2003)
Vancouver — Novagold Resources (NRI-T) has tabled a positive scoping study of the Rock Creek project, near Nome, A…
Results keep PNWC bullish at River Valley
Vancouver — Harry Bar-led Pacific North West Capital (PFN-T) has tabled further encouraging drill results from its…
Extra items bolster Placer Dome’s earnings
Vancouver — Extraordinary items propelled Placer Dome (PDG-T) to a US$66-million (US16-per- share) profit for the second quarter of 2003.The surging profit included a US$16-million derivative gain a…
Vanadium on the rebound
In the first quarter of 2003, the vanadium market finally showed signs of improving, according to a report by British market analyst Roskill. The improvement followed an extended period of chronic ove…
Rising rand hits African gold miners
Vancouver — Africa’s biggest gold producers felt the impact of a falling U.S. dollar during the second quarter.AngloGold (AU-N) earned US$66 million in the three months ended June 30, or 11% less tha…
Canadian Stock Exchange Indices (August 11, 2003)
DateAug. 5Aug. 4Aug. 1July 31July 30HighLowTSX Composite7189.54…
Pele lures De Beers to Wawa (August 11, 2003)
The Canadian exploration arm of De Beers has entered into an option agreement with Toronto-based Pele Mountain Resources (GEM-V) at the latter’s 100-sq.-km Festival diamond property, 25 km north of Wa…
The Northern Miner Indices (August 11, 2003)
North American Mining: 81.12 (+0.44)Small Producers: 82.45 (+1.06)(Sept. 30/98 = 100)…
Letting in some light
“Sunshine is the best disinfectant.”– James Gallagher, first president of the Canadian Trading and Quotation System, in late 2001.This newspaper was one of those voices that bayed loudest for tight r…
Norilsk seeks larger Stillwater holding
Russian nickel giant Norilsk Nickel (NILSY-O) has announced an offer for another 4.3 million shares of palladium-platinum producer Stillwater Mining (SWC-N).The bid, which expires Aug. 19, allows mino…
Gov’t proposes deep-freeze at Giant
After 10 years of engineering studies, the federal government has proposed freezing 237,000 tonnes of arsenic sitting in numerous underground chambers at the former Giant gold mine, near Yellowknife, …