South Atlantic sells Coromandel
Vancouver-based South Atlantic Resources (SCQ-V) has sold its Coromandel diamond project to Black Swan Resources (BSW-T) for US$1.4 million, payable over four years.Black Swan has other alluvial diamo…
Articles by Northern Miner Staff
Southern Peru plans Ilo smelter upgrade
Denver — Southern Peru Copper (PCU-N) has raised US$400 million to finance modifications to the Ilo smelter, expansion of the Toquepala copper mine and construction of leaching circuits at the Cuajon…
Codelco set to expand in competitive market
Denver — The world’s largest producer of copper, Corporacion Nacional del Cobre de Chile (Codelco), is scrambling to stay on top of the game following a recent spate of mergers.The Chilean state-owne…
Crystallex drills at Lo Incredible
Gold exploration in Venezeula is a shadow of what it was in the late 1980s, but several juniors, including Crystallex International (KRY-T), remain active in the region.Crystallex recently secured con…
CVRD focuses on mining
Denver — Brazil’s iron-ore giant Companhia Vale do Rio Doce (RIO-N) has sold its interest in steelmaker Companhia Siderurgica Nacional (SID-N) in order to focus on its mining and transportation busin…
Staff Investment Policy (April 23, 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…
Base metals gain steam
The report period April 9-12 was encouraging for base metals markets, based on strong rallies in nickel, which saw its average cash price gain 5.2%, and aluminum, which gained 1.8%. Both markets were …
Idaho Consolidated active at Stillwater complex
Denver — Idaho Consolidated Metals (IDO-V) expects to begin its first round of drilling on the Stillwater complex in southwestern Montana.The junior, which owns 110 sq. km adjacent to the platinum pa…
PEOPLE (April 23, 2001)
Azimut — Andr Gaumond appointed interim president.GGL Diamond — John Auston appointed director.Gold Canyon — Nathan Tewalt appointed geological consultant.Ivernia West…
WGC promotes gold mining in Latin America
Acting as lobbyist for some of the world’s biggest gold miners, the World Gold Council has sponsored the publication of a study titled The New El Dorado: The Importance of Gold Mining to Latin America…
GREATEST VALUE TRADED, APRIL 11-17
ExchgVal($000s)HighLowCloseChangeAlcoa*N 633803 39.68 37.75 38.18- 1.07…
Eaglecrest advances Bolivian gold project
Unable to assess the grade of the Paititi area by drilling, owing to the erratic coarse-grained nature of the gold mineralization, Eaglecrest Explorations (EEL-V) is conducting a $4-million program of…