Namco losses narrow
Although still afloat, Namibian Minerals (NMR-T) lost US$8 million during the first three months of 2002.The US…
Articles by Northern Miner Staff
BHP Billiton extends copper cuts
Vancouver – In response to continued weak demand for copper, BHP Billiton (BHP-N) plans to extend its production cu…
Maude Lake shifts focus
With the price of gold reaching levels not seen in years, Maude Lake Exploration (MAU-V) has put its plan of creati…
Trading Summary (May 27, 2002)
The golds led the Toronto Stock Exchange lower to start the week dropping 7.82 points or 3.5%. The Mining index man…
Noranda, Falconbridge swaps execs
The integration of Noranda (NRD-T) and Falconbridge (FL-T) continues with some top-ranking officials on the move. …
Etruscan and Mountain Lake add Ventersdorp properties
Etruscan Resources (EET-T) and Mountain Lake Resources (MOA-V) have inked letters of intent to acquire 3 new diamon…
GREATEST VALUE TRADED, MAY 15-21
ExchgVal($000s)HighLowCloseChangeAurado ExplT101820.420.230.39+0.18…
The Northern Miner — Small Producers Index (May 27, 2002)
91.88 (+7.38)(Sept. 30/98 = 100)…
Ivanhoe hits more gold at Turquoise Hill
Vancouver — Ivanhoe Mines (IVN-T) has tabled encouraging drill results from the Central zone at its wholly owned Turquoise Hill (Oyu Tolgoi) gold-copper project in southern Mongolia.Seven holes drill…
Geomaque bleeds red in 2001
Struggling junior gold miner Geomaque Explorations (GEO-T) has released its year-end financial results, and they aren’t pretty.The net loss for the year ended Dec. 31, 2001, was US$10.5 million (US17…
Meridian eager to drill Machacala (May 27, 2002)
Meridian Gold (MNG-T) is gearing up for its first round of exploration drilling at the Machacala gold-silver property in Peru, held by Montreal-based junior Gold Hawk Resources (CGK-V).As operator, Me…
Commentary: Some new perspectives on Busang’s red flags
According to the critics of Bre-X’s gold project in Kalimantan, Indonesia, the warning signs, or “red flags,” were numerous and obvious and should have alerted those involved that the gold mineralizat…