Newmont banks on strong second half (October 29, 2001)
Vancouver — North America’s largest gold producer tabled a solid third-quarter profit on the back of improved sale…
Articles by Northern Miner Staff
Eldorado pays down debt (October 29, 2001)
Vancouver — With $15.4 million in bank debt and output continuing to slide at its Sao Bento gold mine in Brazil, E…
Asarco to suspend Tennessee zinc operations
Asarco, a subsidiary of Grupo Mexico, says it plans to indefinitely suspend zinc mining and processing operations a…
Nanisivik faces early closure
Zinc miner Breakwater Resources (BWR-T) has announced that due to the continued depressed metal prices the Nanisivi…
Thistle Mining eyes South African assets
Thistle Mining (THT-T) has signed a heads of agreement to acquire three companies, which own and operate five under…
Trail workers ratify four-year deal
On Saturday, employees at Teck Cominco’s (TEK-T) Trail, British Columbia, smelter complex ratified a new four-year…
Odyssey drills its Lucky Star
Odyssey Resources (YOD-V) has begun a diamond drilling campaign on it’s 250-sq.-km Lucky Star property on the Black…
Trading Summary (October 29, 2001)
The conglomerates subindex led the eleven declining subindices on the Toronto Stock Exchange on Monday with a 364.7…
Northern Miner Indices (October 29, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T18.7FalconbridgeFL-T5.9Franco-Nevada MiningFN-T6.5Freeport McMoRan Cop’r BFCX-N5.3Homestake MiningHM-N6.4IncoN-T9.4Newm…
Rio drills Cukurdere
Having already exceeded their 2001 drilling budget at the Cukurdere gold project in Turkey, Anatolia Minerals Development (YMC.U-V) and Rio Tinto (RTP-N) have earmarked another $500,000 for follow-up …
Geomaque ups Marathon
Drilling and core sampling by Geomaque Explorations (GEO-T) has upped the resource estimate at the Marathon palladium project in Ontario’s Hemlo camp.The total measured and indicated resource now stan…
Twin Mining tests Cargo 1 find
Twin Mining (TWG-T) completed summer drilling at the Jackson Inlet property in Nunavut by sinking a second hole into the Cargo 1 kimberlite discovery to delineate the pipe.Drilled at a right angle to …