Majescor arranges financing
Junior Majescor Resources (MAJ-M) is looking to raise $2 million to explore for diamonds in northern Quebec.Dundee Securities is acting as lead agent of a syndicate, which includes Haywood Securities,…
Articles by Northern Miner Staff
Noranda advances Alumysa
Noranda has filed an environmental impact assessment for its proposed US$2.78-billion aluminum and hydroelectric power project 650 km south of Santiago, Chile.The EIA for the Alumysa project cost more…
P&H joins CMTE
P&H MinePro Services has been made a member of the Co-operative Research Centre for Mining Technology and Equipment (CMTE). Both are based in Brisbane, Australia.The CMTE, established under the Austra…
Tiberon cuts high-grade tungsten
Vancouver — Junior Tiberon Minerals (TBR-V) continues to report solid drill results from its Nui Phao polymetallic project in Vietnam.The ongoing program is outlining the grade, width and continuity …
Correction (September 10, 2001)
Mirabel Resources (RMB-M) is operator of the Montauban project in Quebec which consists of 83 claims, 50 km northeast of Trois-Rivieres.An earlier story (T.N.M., July 16/01) stated that 28 of the clai…
North American Palladium breaks new ground at Lac des Iles
Thunder Bay, Ont. — Unique by virtue of the metal it produces, Canada’s only primary palladium mine is now among the few operations to expand production when most are struggling just to survive.North…
Pitwall slide halts production at Deep Post
Denver — Newmont Mining (NEM-N) has halted production at the Deep Post gold mine in northern Nevada following a pitwall slide on the southern side of the Betze-Post pit.The pit, which is operated by …
Producer and Dealer Prices (September 10, 2001)
Antimony: Mid-mkt US$1,025/t.Bismuth: Mid-mkt US$3.60/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$9.40-11.00/lb.Copper: Comex Dec. US$0.679/lb.Indium: Ind…
Exchange Rates (September 10, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateSept. 4Sept. 3August 31August 30August 29US$ in C$1.5528Holiday1.5477…
Staff Investment Policy (September 10, 2001)
The Northern Miner does not permit any editorial employee to file stories about companies in which the writer owns shares. Editorial employees are also not permitted to take part in initial public off…
Northern Miner Indices (September 10, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T18.7FalconbridgeFL-T5.9Franco-Nevada MiningFN-T6.5Freeport McMoRan Cop’r BFCX-N5.3Homestake MiningHM-N6.4IncoN-T9.4Newm…
Spot Prices Wed. September 5, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$271.70-$1.15Silver$ 4.19-$0.02Platinum$442.00-$…