Cumberland gets nod for exploration upside
Despite considerable exploration success at two gold projects in Nunavut, Cumberland Resources (CBD-V) is trading at a 5-year low of 80, down even from its 52-week high of $1.55. Graeme Currie, analy…
Articles by Northern Miner Staff
REGULAR DEPARTMENTS (June 04, 2001)
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Metals hang on to recent gains
During the report period May 21-25, the major metals traded on the London Metal Exchange (LME) held onto gains that had been made in the previous week. In terms of cash price performance, copper was t…
Producer and Dealer Prices (June 04, 2001)
Antimony: Mid-mkt US$1,130/t.Bismuth: Mid-mkt US$3.80/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$11.00-12.75/lb.Copper: Comex July US$0.767/lb.Indium: In…
Staff Investment Policy (June 04, 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…
Guyana issues units
Guyana Goldfields (YGI-V) is attempting to raise $150,000 in a non-brokered private placement of 385,000 units.A unit consists of a share and half a warrant. A full warrant entitles the holder to buy …
Southern Rio tops up treasury
Vancouver-based Southern Rio Resources (SNZ-V), which is in the midst of drilling at its Santo Tomas copper-molybdenum porphyry prospect in northern Chile, has closed a private placement of 2.7 millio…
Trading Summary (June 01, 2001)
The Toronto Stock Exchange ended the week on a high note, tacking on 89.03 points to close at 8,250.9 on Friday. Ga…
Rio Tinto gives Hail Creek the thumbs up
Rio Tinto (RTP-N) and its joint-venture partners have approved the development of the A$425-million Hail Creek coal…
Gold Fields buys into Radius Explorations
Vancouver — A wholly owned subsidiary of Gold Fields (GOLD-Q) will add $2 million to Radius Explorations’ (RDU-V)…
Trilogy Metals and GSC join forces at Muskox North
Vancouver — Trilogy Metals (TRG-V) has enlisted the Geological Survey of Canada (GSC) to help interpret geophysic…
DiamondWorks, Eastern join forces in South Africa
Eastern Diamond has agreed to a joint venture with Vancouver-based DiamondWorks (DMW-T) that would see Eastern earn…