Oliver poised to merge with private company
Vancouver — Oliver Gold (OGO-V) has proposed merging with privately owned Hastings Resource, which holds the rights to the Ona-Puma nickel laterite project, in the northern Brazilian state of Par.H…
Articles by Northern Miner Staff
Drilling keeps Canadian Zinc bullish at Prairie Creek
Vancouver — Junior Canadian Zinc (CZN-T) remains encouraged by drill results at its wholly owned Prairie Creek zinc-lead-silver property in the Northwest Territories.Recently, the company completed s…
IMA rewarded in Peru
IMA Exploration (IMR-V) is encouraged by early drill results from a gold-enriched massive sulphide showing on the Rio Tabaconas property in northwestern Peru.The junior recently completed a 30-hole, 1…
Noranda keeps gobbling up Falco shares
Recent insider trading transactions reported by the Ontario Securities Commission in its OSC Bulletin include the following:Agnico-Eagle Mines (AGE-T) — FMR Corp., which must report its trading activ…
Goldcorp earnings up on Red Lake production
Goldcorp (G-T) has announced improved third-quarter earnings on higher production and improved gold prices.For the three months ended Sept. 30, the company earned US$10.6 million (or 13 per fully dil…
LME WHSE LEVELS (October 29, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Oct. 23/01 (change from Oct. 16 in brackets):MetalStock (tonnes)ChangeAluminium715275…
Zircon prices should stabilize
The zircon market has undergone a reversal of fortune in recent years, according to The Economics of Zirconium (10th edition), published by London-based Roskill.The Asian economic crisis, followed by …
Westmin earns more in quarter
Westmin Resources has found a 500-ft. eastward extension to the H-W massive sulphide deposit being developed at Myra Falls on Vancouver Island.A $20-million shaft-sinking program is more than halfway …
Gold price stalls development
Gold mining and gold exports play a vital role in many countries in the Asia-Pacific region, but their future economies are threatened by the low international price of the precious metal. Exploration…
NAME CHANGES (October 29, 2001)
Fosters Resources (FRE-V) has changed its name to Blue Mountain Resources (BMR-V) on a 1-new-for-4-old-share basis.Totem Mining (TOH-V) has changed its name to Comcorp Ventures…
Millennium, PGM join forces at Lac des les
A merger between New Millennium Metals (PGM-V) and Platinum Group Metals (PTG-V) is designed to consolidate the juniors’ land positions in the Lac des les region of northwestern Ontario.The deal, whi…
Canadian Stock Exchange Indices (October 29, 2001)
DateOct. 23Oct. 22Oct. 19Oct. 18Oct. 17HighLowTSE 3006904.246905.216910.966899.966956.78…