Barrick earnings flat (July 29, 2003)
Barrick Gold’s (ABX-T) earnings came in flat at US$59 million (or US11 per share) for the three months ended June…
Articles by Northern Miner Staff
BHP Far West hit hot hole
Vancouver One of the 13 reverse circulation drilled holes collared on the Candelaria iron oxide copper-gold proje…
Trading Summary (July 28, 2003)
The Toronto Stock Exchange ended Monday’s trading session 21.92 points higher at 7,284.54 with all but three subind…
Noranda slashes dividend, posts loss
Facing $4.1 billion in net debt, Noranda (NRD-T) is slashing its traditionally juicy divided by 40%.The surpris…
Phelps Dodge trims losses (July 28, 2003)
Vancouver The World’s second largest copper producer made it nine consecutive quarters without a profit by tallyi…
Bambari drilling turns up gold at depth (July 28, 2003)
Drilling by Axmin (AXM-V) at the Bambari property in the Central African Republic has confirmed mineralization at depth below the surface gold occurrence knows as the French Camp prospect.The four mos…
Quebec still incentive leader
After the Quebec election in early June, Jean Charest’s newly elected Liberal government said its 2003-2004 budget would pare back tax credits and tax holidays for businesses. Despite the cuts, Quebec…
Golden Star to double production
Denver-based Golden Star Resources (GSC-T) expects to be pouring gold from its Wassa project, 150 km west of Accra, Ghana, in the first quarter of 2004.An independent feasibility study envisages an op…
WMC finds Meliadine West buyer
Australia’s WMC Resources (WMC-N) is dusting off the 4.5-million-oz. Meliadine West property in Nunavut and selling its 56% stake to Comaplex Minerals (CMF-T), a Calgary-based junior that already hold…
South Atlantic buys stake in Arctic Platinum
Vancouver — South Atlantic Ventures (SAA-V) will pay US$23 million in cash and US$8 million in shares for Outokumpu’s 49% interest in the Arctic Platinum partnership (APP), an exploration project in …
Aker Kvaerner loses case, must pay US$137m
Engineering firm Aker Kvaerner is expected to appeal a Nevada court ruling that says it must pay damages of US$136.9 million plus interest and legal costs to Australia’s Equatorial Mining.If the appea…
No ‘blanket ban’ in Montana
As a reader of The Northern Miner for more than 20 years, I am aware that you strive for accurate reporting. However, your article on Profile Resources’ Waseka Mill (T.N.M., June 9-15/03) contains an …