Articles by Northern Miner Staff

Market waits for Fed cut

Denver — The prospect of an interest rate cut by the U.S. Federal Reserve held back the Dow Jones industrial average, which sank 124.19 points, or 1.2%, to 10,472.48 for the June 20-26 report period….


Metallica rated a speculative buy

The increase in the share price of Metallica Resources (MR-T) to a recent 52-week high of $1.30 (off a year-low of 18) coincides with the release of assay results from a second round of drilling by N…



Producer and Dealer Prices (July 02, 2001)

Antimony: Mid-mkt US$1,115/t.Bismuth: Mid-mkt US$3.75/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$10.15-12.00/lb.Copper: Comex July US$0.718/lb.Indium: In…



Drilling expands Millennium

Denver — Glamis Gold (GLG-N) is half-way through an 80,000-ft. drilling program at the Millennium project in Nevada, where it expects to outline a new resource.Glamis owns a 66.7% interest in Marigol…


Majescor options Portage property to BHP

Encouraged by results from till sampling in the Otish Mountains area of central Quebec, BHP Diamonds has struck a deal with Majescor Resources (MAJ-V) to earn up to a 56% interest in the Portage prope…


BHP acquires Dia Met, boosts stake in Ekati

Having acquired 98.2% of Dia Met Minerals’ (DMM-T) Class A subordinate voting shares and 84.9% of its Class B multiple voting, Australia’s BHP (BHP-N) has further extended its $687-million takeover of…



Partners turn up low grades in Kirkland Lake

Five holes drilled in the South Break and 180 Splay structures in Lebel and Gauthier twps., near Kirkland Lake, Ont., have intersected long intervals of low-grade gold mineralization.Partners Queensto…


Rio drops Vicuna property

Vancouver — Despite cutting wide zones of copper-silver mineralization in its first round of drilling on the Vicuna gold project in northwestern Argentina, Rio Tinto (RTP-N) has decided to stop explo…


Nevada miners support power usage bill

Denver — A coalition of mining companies, power companies and resort casinos has filed suit in the Nevada state Supreme Court, seeking passage of a bill that could affect how large electricity-users …


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