Ivanhoe accelerates Mongolian exploration
Impressed by results to date, Ivanhoe Mines (IVN-T) has decided to drill another 16,000 metres at its Turquoise Hill copper-gold porphyry project in southern Mongolia.Situated 560 km south of the capi…
Articles by Northern Miner Staff
The Northern Miner — Small Producers Index (August 13, 2001)
44.81 (-0.65)(Sept. 30/98 = 100)…
Twin cuts pipe at Jackson Inlet
Drilling on the Jackson Inlet property at Baffin Island in Nunavut has uncovered a kimberlite known as Cargo 1.Twin Mining (TWG-T) recovered 83.2 metres of kimberlite from the first hole drilled into …
The Northern Miner — North American Mining Index (August 13, 2001)
69.06 (-1.05)(Sept. 30/98 = 100)…
Mining index leads rally for CDNX
Trading on Canada’s junior exchange perked up during the holiday-shortened week. The Canadian Venture Exchange composite index closed the period ended Aug. 7 at 3098.27, up 35.26 points (or 1.1%). The…
Placer’s Cristinas deal stirs up controversy
Although trading volumes were low during the holiday-shortened report period of Aug. 1-7, there were nonetheless several developments in the Canadian mining scene.Reuters reported that Venezuelan stat…
TSE Shorts (August 13, 2001)
Short positions outstanding at July 31, 2001Larger individual positions include:Agnico-Eagle 399893 up 193974; Alcan Inc. 1179917 down 135266; Anderson 5,367,864 up 741,970; Barr…
Northern Miner Indices (August 13, 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…
Niobec strike settled (August 10, 2001)
Hourly rated employees at the Niobec niobium mine in the Lac St.-Jean area of Quebec have returned to work followin…
McWatters getting highway moved at Sigma
McWatters Mining’s (MCW-T) intense lobbying of three levels of government to move a portion of the main highway tha…
Philex trims losses
Vancouver — Despite higher production and increased grades at its Bulawan mine, low gold prices are prompting Phil…
General Minerals drops Escalones (August 10, 2001)
Vancouver — With a large lease payment due this month on the Escalones copper skarn project, Denver-based General…