Articles by Northern Miner Staff


Harmony ties knot with African Rainbow

South Africa’s Competition Commission has approved the proposed merger of Harmony Gold (HMY-N) and black empowerment company African Rainbow Minerals Gold.The decision paves the way for the creation o…


Low-cost El Peon drives Meridian

Second-quarter earnings at Meridian Gold (MNG-T) were somewhat lower than in 2002, but low costs at the El Penon mine kept the company well in the black. For the three months ended June 30, Meridian e…


Claire Derome

Claire Derome packs it in (August 04, 2003)

Claire Derome, the highest-level female mining executive in North America, is stepping down as president and CEO of Quebec gold producer McWatters Mining.Derome will carry on her duties until her succ…


Coeur advances Kensington

The best news of the period for U.S.-based miners was Coeur d’Alene Mines’s signing of a memorandum of understanding with Alaska and U.S. agencies to grant environmental permits for the company’s prom…


Junior exchange stages mid-summer rally

Vancouver — Canada’s junior exchange sprinted to yet another new yearly high during the week ended July 29. The S&P-TSX Venture Exchange composite index jumped 61.45 points, or 5.4%, and closed at 1,…


Tax breaks give Canada edge

(Note: Dryblower is an Australian-based syndicated column appearing in Australia’s Mining Monthly and on the web site MiningNews.net)How do you know if there’s a boom happening? Obviously you can list…


Strike averted in South Africa

What would have been South Africa’s largest strike since 1987 was averted when more than 100,000 mineworkers at the country’s three biggest gold mines accepted a 2-year agreement involving a 10% wage …


People (August 04, 2003)

Barker Minerals — Sean McKinley appointed exploration manager.Diamondex — Christopher Mitchell appointed CFO.First Point Minerals — Christopher Mitchell appointed CFO and secretary.



Losses for Phelps Dodge

Vancouver — For the ninth-consecutive quarter, Phelps Dodge (PD-N) has failed to make a profit.The world’s second-largest copper producer incurred a net loss of US$15.2 million (or US21 per share) i…


Daily Metal Prices (August 04, 2003)

BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJuly 29July 28July 25July 24July 23Al Alloy1370/138…


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