Rio offer too low, says Labrador Fund
A valuation study has placed the fair price of the Labrador Iron Ore Royalty Income Fund (LIF.UN-T) at $18 to $24.70 per unit, substantially more than a $13.50 takeover offer by mining house Rio Tinto…
Articles by Northern Miner Staff
Apex Silver among juniors active in Central America
Denver — After being pushed out of the region by Hurricane Mitch in 1998, Apex Silver Mines (SIL-X) has returned to Central America for another joint-venture opportunity.The Denver-based company, who…
Meridian inks joint venture with Buenaventura in Peru
Denver — Reno, Nev.-based Meridian Gold (MDG-N) has formed a joint venture with Compania de Minas Buenaventura (BVN-N) in order to explore the Los Pircos gold prospect in northern Peru.Meridian can e…
Northern Miner Indices (March 12, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T20.7ComincoCLT-T4.5FalconbridgeFL-T6.3Franco-Nevada MiningFN-T5.8Freeport McMoRan Cop’r BFCX-N4.0Homestake MiningHM-N3….
PEOPLE (March 12, 2001)
Bolivar — Eric Pinkney appointed director.Consolidated Pine Channel — Richard Walker appointed president.Expatriate — Walter Segsworth appointed director.Goldcorp…
A toast to progress and people Making it happen
Things are looking up in the mining business, at least relative to last year when dark clouds gathered over the otherwise successful Mining Millennium 2000, a conference organized by the Prospectors &…
Anatolia cuts gold grades
Denver — Assays from the first five holes drilled at the Cukurdere copper-gold target in eastern Turkey have returned impressive gold grades.Partners Anatolia Minerals Development (YMC.U-V) and Rio T…
Barrick returns to Archean roots at Buly
Bulyanhulu District, Tanzania — Even with scorched red soil and unmistakably African vegetation, it isn’t difficult to imagine the Lake Victoria gold camp as a southern cousin to Canada’s famous Abit…
Canadian Stock Exchange Indices (March 12, 2001)
Date March 6 March 5 March 2 March 1 Feb. 28HighLow…
Desert-dirts back at it
Science moves but slowly, slowly, creeping on from point to point. What Tennyson didn’t add was that pseudo-science just keeps going in circles. Thus several companies, all quoted on the over-the-coun…
Birch audit finds ‘little precious metal’
A technical audit by outside consultants has concluded that exploration for “Prairie-style” gold mineralization in northeastern Alberta, currently being pursued by Birch Mountain Resources (BMD-V), ha…
Ashanti Goldfields on sound footing, Jonah says
The past year was challenging for all gold companies, but Ashanti Goldfields (ASL-N) had the added task of rebuilding after a failed hedging program splashed red ink over its balance sheet in the fall…