Mine propels Antofagasta
Denver — A strong performance by the Los Pelambres copper mine in northern Chile enabled London-based Antofagasta (ANFGF-Q) to post a profit for 2000.Earnings for the period jumped to US$138.2 millio…
Articles by Northern Miner Staff
MOST ACTIVE ISSUES, MAR. 7-13
ExchgVol(000s)HighLowCloseChangeAlcoa*N 19112 39.58 35.37 37.05 -0.94…
Ventura promotes mining
Mining in Minnesota is a $1.5-billion-per-year industry employing 20,000 people — a point not lost on Minnesota Gov. Jesse Ventura as he opened mining awareness week at the Duluth Entertainment and C…
PEOPLE (March 19, 2001)
Alcan Aluminium — Travis Engen appointed president and CEO.Ashton — Alfonso Grau appointed director.Canabrava — George Read appointed VP of exploration.Cominco –…
Gold Funds (March 19, 2001)
Gold Funds as of March 8, 2001Dundee Precious MetalsCentral FundNet Value$12.81$5.28Price$7.80$4.75…
Nickel shows signs of resilience
Base metal prices on the London Metal Exchange (LME) were fairly stable during the report period March 5-9, the only exceptions being copper, which saw a gain in the weekly average cash price of 2.4%,…
Harrods launches program in Mongolia
Denver — With the backing of Egyptian financier Mohamed Al Fayed, Harrods Minerals is getting back to the basics, with a focus on grassroots exploration.The privately owned, Denver-based company has …
Market makes steep drop
Denver — The Dow Jones industrial average suffered a 2.8% drop, tumbling 300.42 points to 10,290.80 for the report period ended March 13, while the Nasdaq was off 8.6%.Spot gold on the Comex division…
Rio Algom aligns exploration strategy with Billiton
London-listed Billiton has merged the exploration activities of wholly owned subsidiary Rio Algom with its own geographically diverse exploration and development division.Projects in the Americas will…
Tres-Or adds diamond play
Vancouver-based Tres-Or Resources (TRS-V) has joined the Ontario diamond hunt.The junior recently acquired 783 claim units south of Temagami and east of Marten River, at the southern end of the Lake T…
Starfield expands resource at Ferguson Lake
Vancouver — Following two years of exploration, Starfield Resources (SRU-V) has more than doubled the known resource at the Ferguson Lake project, near Rankin Inlet in southern Nunavut.The deposit ha…
Tenke Mining fires up second rig at Vicuna
Vancouver — Junior Tenke Mining (TNK-T) has added a second drill rig to its 23-hole program on the Vicuna gold project, in northwestern Argentina.The reverse-circulation work is testing five targets:…