Platinova drops merger, faces review
The Toronto Stock Exchange is reviewing the specialty shares of Platinova Resources (PVA.S-T) to see if they meet t…
Articles by Northern Miner Staff
Stronger loonie bites PCS
Potash Corp. of Saskatchewan (POT-T) has lowered its second-quarter earnings expectations thanks mostly to a streng…
Trading Summary (June 16, 2003)
With just the energy subindex in the red at day’s end, the Toronto Stock Exchange tacked on 88.72 points to end Mon…
Cancio tables more Onca drill results
Vancouver — Canico Resource (CNI-V) tabled more results from its ongoing infill drilling campaign at the Onca ridg…
Xstrata gets court nod (June 16, 2003)
The Supreme Court of Queensland has approved London-listed Xstrata’s A$4.9-billion cash-and-debt takeover of Aussie…
Stillwater shareholders say “da” to Norilsk
Shareholders of Stillwater Mining (SWC-N) have given the green light to Norilsk Nickel’s cash-and-metal offer for 5…
Tirisano surrenders rare stone
Partners Etruscan Resources (EET-T) and partner Mountain Lake Resources (MOA-V) have recovered a potentially rare 1…
Golds survive rocky week
Despite gold prices tumbling more than US$10 per oz. over the period, the U.S.-listed gold miners managed to hang on and end the week in positive territory.Among the gold majors: Newmont Mining jumped…
Cumberland expands Meadowbank (June 16, 2003)
Vancouver — Results from last year’s drilling have enhanced the economic prospects of the Meadowbank gold project, 70 km north of Baker Lake in Nunavut.Owner Cumberland Resources (CBD-T) now estimate…
More work, less talk needed in BC
The commentary in the May 26-June 1 issue of The Northern Miner features a PricewaterhouseCoopers report. I quote the following parargraph:”‘Although 2002 has generally been a positive year for the Br…
Strike could affect nickel price
The contract of hourly paid workers at two Inco installations in Ontario is about to expire, and concerns are growing that a strike could send already-high nickel prices through the roof.Members of th…
Partners test McCreedy’s PM zone (June 16, 2003)
Underground drilling by partners FNX Mining (FNX-T) and Dynatec (DY-T) at the McCreedy West mine in Sudbury, Ont., continues to return high-grade values of copper, platinum, palladium and gold.The lat…