TVX plans writedowns, share consolidation
Facing local protests and a rocky permitting road in Greece, TVX Gold (TVX-T) will take a charge of up to $250 mill…
Articles by Northern Miner Staff
Trading Summary (March 05, 2002)
The Toronto Stock Exchange failed to extend two straight days of gains on Tuesday as the 300 Composite Index slippe…
Trading Summary (March 04, 2002)
The golds were alone in the red on the Toronto Stock Exchange on Monday dropping 115.66 points or 1.9% to 5,840.31.
South-Malartic boosts resource at Croinor (March 04, 2002)
Junior gold explorer South-Malartic Exploration (MSU-V) has once again raised the resource estimate for its Croinor…
Codelco opts out of Disputada bid (March 04, 2002)
Vancouver — With copper miners eyeing further production cuts, Corporacion Nacional del Cobre de Chile (Codelco) h…
Anaconda squeezes Sherritt’s earnings (March 04, 2002)
A $23.4-million, fourth-quarter writedown related to its stake in problem-plagued Aussie nickel miner Anaconda Nick…
Patrician stakes land in N.W.T
Patrician Consolidated Gold Mines (PXC-V) has staked the 268-sq.-km Blackwater Lake property 550 km northwest of Ye…
Hope on the horizon
At the annual meeting of the Mining Association of Canada, retiring president Alfred Powis, head of Noranda Mines, reviewed the obstacles and difficulties that have beset the industry in recent years….
Tiberon tallies more tungsten (March 04, 2002)
Vancouver — The latest drill results from the Nui Phao tungsten property in Vietnam continue to show favourable grades.Tiberon Minerals (TBR-V) reports that the best results include the following:- h…
Inmet inks Antamina put-call deal (March 04, 2002)
Inmet Mining (IMN-T) has signed an agreement with Noranda (NRD-T) whereby either company can initiate the sale of Inmet’s 3.3% net proceeds interest in the Antamina zinc-copper mine in Peru.Inmet’s pu…
Angola’s legacy of unrest
“The first man to be killed in Portuguese Africa nearly fell into my beer today . . .” Thus wrote foreign correspondent Donald Wise from Luanda in the early 1970s. The event — a dissident thrown out …
Pan American Silver eyes Manantial Espejo (March 04, 2002)
Vancouver — The proposed Manantial Espejo silver-gold mine in Argentina has moved a step closer to reality following a deal that allows Pan American Silver (PAA-T) to earn a 50% interest.In August 20…