Drilling begins at Paul Isnard
Partners Rio Tinto (RTP-N) and Guyanor Resources (GRL.B-T) have begun exploration at the latter’s Paul Isnard gold project in French Guiana.The US$750,000 program is being funded by Guyanor Resources…
Articles by Northern Miner Staff
Summo considers copper powder business
Denver — Summo Minerals (SMA-T) has commissioned a new feasibility study to assess the economics of a copper powder business at the Lisbon Valley project in southeastern Utah.In September 2000, Summo…
Partners cut more wide intervals at El Morro project
The latest holes on the El Morro copper-gold project in Chile have returned some long intervals of continuous mineralization for partners Noranda (NOR-T) and Metallica Resources (MR-T).Recent drilling…
Namibian crawls back from the abyss
Namibian Minerals (NMR-T) has taken another step towards financial recovery by resuming marine diamond production off the coast of Namibia.The Ya Toivo, which supports the Nam2 mining system, resumed …
BC gov’t aids mining industry
In a deal reached with the British Columbia government, Getty Copper will receive a discounted power rate for its planned copper mine near Logan Lake. The rate will be directly tied to copper prices.T…
Deal reached to clean up former Britannia mine site
A partnership consisting of public and private interests has reached an agreement to clean up the former Britannia copper-gold mine site, near Howe Sound, 50 km north of Vancouver, B.C.The cleanup is …
Exchange Rates (April 23, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateApril 17April 16 April 13April 12April 11US$ in C$1.55791.5621Holiday…
Spending steadied in 2000
The steady decrease in domestic exploration spending that has plagued the industry since 1997 began to slow in 2000, according to a study compiled by the Department of Natural Resources.Exploration sp…
Sinking TVX awaits Greek court decision
Gold prices twisted and turned over the holiday-shortened April 10-17 report period, closing up $1.65 for a London morning fix of US$260.10 per oz. on April 18.The biggest mover among Canada’s gold ma…
Spring surge rallies CDNX
Vancouver — Led by a 6.7% gain in the oil-and-gas sector, all four indices on Canada’s junior exchange finished the week ended April 17 in positive territory. The Canadian Venture Exchange composite …
MOST ACTIVE ISSUES, APRIL 11-17
ExchgVol(000s)HighLowCloseChangeAlcoa*N16600 39.68 37.75 38.18- 1.07…
Metal Prices (April 23, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateApril 17April 16April 13April 12April 11Aluminium14…