That sinking feeling
Worse-than-expected industrial production data for the U.S. and the European Monetary Union (the eurozone IP moving into negative territory, year over year, for the first time at minus 0.1% in May), t…
Articles by Northern Miner Staff
NAME CHANGES (July 30, 2001)
Canada Fluorspar Inc. (CFI-V) has changed its name to Continental Ridge Resources (KRI-V) on a 1-new-for-1-old-share basis.
US becoming reliant on imported minerals
The U.S. Geological Survey (USGS) has long been an anomaly in the Department of the Interior, particularly in the bad old days when Bruce Babbitt ruled the department with a mean green fist. The notio…
News – 30-JUL-01
IMA readies Peruvian gold prospect for drilling
While constructing pads for an upcoming drill program, IMA Exploration (IMR-V) uncovered a new gold showing at its Rio Tabaconas project (formerly known as Tamborapa) in northern Peru.The outcrop yiel…
El Peon keeps Meridian in black without hedging
With second-quarter net income of US$10 million on revenue of US$27.8 million, Meridian Gold (MNG-T) has proved that real money can be made in the gold business without hedging. Much of the credit bel…
Barrick sees profit at low end
Lower production and higher power costs at key mines took a bite out of Barrick Gold’s (ABX-T) recent second-quarte…
Cambior’s loss widens
Cambior’s (CBJ-T) slow recovery from a hedge book gone wrong in 1999 stumbled a bit during the second quarter of 20…
Drill turns at Goodpaster
Vancouver — Partners Western Keltic Mines (WKM-V) and Rimfire Minerals (RFM-V) have the drill turning at the Bound…
Richmont sees red
Vancouver — Richmont Mines (RIC-T), yet another junior producer feeling the pinch of historically low gold prices,…
Arizona ups lead in U.S. copper output
Vancouver –Despite seeing a decline in copper production, Arizona produced nearly 67% of all the copper mined in t…
Falco closes Lomas Bayas deal
Falconbridge reports that Swedish-Canadian miner Boliden has completed the off-again-on-again sale of the Lomas Bay…