Trading Summary (January 14, 2002)
The golds were one of just three of the Toronto Stock Exchange’s fourteen subindices to post gains on Monday. The G…
Articles by Northern Miner Staff
Newmont gets thumbs up
Newmont Mining (NEM-N) has received approval to extend its offer to Normandy’s shareholders in the U.S. and Canada,…
Blackstone deals Premier
Vancouver — Having just staked the Premier diamond property, Blackstone Ventures (BLV-V) has dealt a 75% interest…
Anglo Platinum in at River Valley
South African-based Anglo American Platinum, the world’s largest platinum producer, has formally earned a half-inte…
Channel deals Burkina Faso options
Channel Resources (CHU-T) has granted Axmin, a privately held exploration company, an exclusive 90-day option to ac…
Taseko closes financing
Vancouver — A limited partnership that Taseko Mines (TKO-V) has an exclusive right to acquire has raised $1.85 mil…
El Morro appraisal favourable
An independent scoping study on the La Fortuna copper-gold deposit in north-central Chile has come back positive for partners Metallica Resources (MR-T) and Noranda Resources (NRD-T).Noranda, which ca…
Barrick drops Goodpaster
Vancouver — Disappointing drill results have prompted mining titan Barrick Gold (ABX-T) to stop work on the California and Surf properties in the Goodpaster district of Alaska.The properties are adja…
Olympus Pacific reports bonanza gold grades
Vancouver — Olympus Pacific Minerals (OYM-V) has found an area of high-grade gold mineralization on its Phuoc Son property in central Vietnam.The discovery occurred 7 km northwest of the Bai Go and B…
Breakwater boosts reserves (January 14, 2002)
An independent review of Breakwater Resources’s (BWR-T) El Mochito mine in Honduras and El Toqui mine in Chile has resulted in an increase in mineral reserves and resources.The review, which included …
Northern Miner Indices (January 14, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T25.5CamecoCO-T4.1FalconbridgeFL-T5.3Franco-Nevada MiningFN-T7.0Freeport McMoRan Cop’r BFCX-N5.7IncoN-T9.2Newmont Mining…
Daily Metal Prices (January 14, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJan. 8Jan. 7Jan. 4Jan. 3Jan. 2Aluminium1417/1429…