Nevada deemed most eligible, again
For the second consecutive year, Nevada has been rated the most attractive jurisdiction for mining-related investment worldwide, according to the The Fraser Institute’s annual survey of mining compani…
Articles by Northern Miner Staff
Trivalence lures Rio Tinto to Aredor project in Guinea
Trivalence Mining (TMI-V) has signed a letter-of-intent agreement with London-based Rio Tinto (RTP-N) granting that company a right to acquire a 58% stake in the Aredor kimberlite project in Guinea.Ri…
Report aims to improve mine safety
A new independent report is expected to bolster health and safety in Ontario’s mines.Titled The Internal Responsibility System in Ontario Mines, the report calls for a unified approach to improving he…
PolyMet tables drill results
Denver — PolyMet Mining (POM-V) has released further drill results that demonstrate continuity of mineralization at the NorthMet polymetallic project in northern Minnesota.The last five holes were dr…
Silver Standard extends Bowdens
Vancouver — A newly completed 16 hole reverse circulation drill program by Silver Standard Resources (SSO-V) has expanded the outline of silver mineralization at its wholly-owned Bowdens property in …
EXCHANGE RATES (December 25, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateDec. 19Dec. 18Dec. 15Dec. 14Dec. 13US$ in C$1.52171.52541.51761.5…
Anglo Platinum funds River Valley program
Pacific North West Capital (PFN-V) is gearing up for another round of drilling at its River Valley platinum group metals (PGM) project in Ontario’s Sudbury region.The company’s partner, Anglo Platinum…
Dow tumbles with no rate cut
Denver — The Dow Jones industrial average slumped 183.90 points, or 1.7%, to 10,584.37 for the report period ended Dec. 19 after the hoped-for interest rate cut failed to materialize. The Nasdaq was …
MOST ACTIVE ISSUES, DEC. 13-19
ExchgVol(000s)HighLowCloseChangeWilliam ResT 19737 0.07 0.04 0.06 -0.00…
GREATEST VALUE TRADED, DEC. 13-19
ExchgVal($000s)HighLowCloseChangeAlcoa*N 572646 34.00 30.12 33.50 +1.88…
Northern Miner Indices (December 25, 2000)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T20.6ComincoCLT-T4.0FalconbridgeFL-T6.9Franco-Nevada MiningFN-T5.3Freeport McMoRan Cop’r BFCX-N4.6Homestake MiningHM-N4….
Green light for Diavik joint venture
Vancouver — Patience and perseverance have paid off for Rio Tinto (RTP-N) and Aber Diamonds (ABZ-T) at the Diavik joint venture in the Northwest Territories. Following months of licensing delays, the…