Quebec greenlights Niocan’s Oka project
Quebec’s Ministry of Natural Resources has granted a mining permit to Montreal-based Niocan (NIO-T) for the Oka niobium project, west of Montreal.A feasibility study, completed two years ago, proposes…
Articles by Northern Miner Staff
Analyst lauds Copper Ridge for innovation in tough time Investment Commentary
Old mining properties never die; they just get recycled . . . or so goes an industry adage. And that means someone was bound to dust off the Howard’s Pass zinc deposit, which didn’t quite make the roc…
Potash Corp earnings steady
Thanks to stronger demand for potash and higher nitrogen prices, Potash Corp. of Saskatchewan (POT-T) turned a tidy profit in the second quarter.Net earnings in the three months ended June 30 topped U…
Record production at Sadiola Hill
On the strength of record production at the Sadiola Hill gold mine in western Mali, Iamgold (IMG-T) posted a profit of US$4.7 million (US6 per share) on revenue of US$17.6 million for the three month…
SPC finances Toquepala
Southern Peru Copper (PCU-N) has raised US$30 million, through the sale of bonds, to finance an expansion of the Toquepala open-pit copper mine and modifications to the Ilo smelter.The bonds, due in J…
MOST ACTIVE ISSUES, July 26-Aug. 1
ExchgVol(000s)HighLowCloseChangeAlcoa*N 11088 32.12 29.56 31.06 -…
Northern Miner Indices (August 07, 2000)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T22.7ComincoCLT-T3.8FalconbridgeFL-T7.0Franco-Nevada MiningFN-T5.8Freeport McMoR…
Falconbridge chalks up another profitable quarter
The continued strength of base and platinum group metals translated into another profitable quarter for Falconbridge (FL-T).Net earnings for the three months ended June 30 topped $126.3 million (or 70…
NAME CHANGES (July 31, 2000)
Akash Ventures (AKH-V) has changed its name to International Akash Ventures (IKS-V) on a 1-new-to-3-old share basis.Aegean Gold (AEG-V) has changed its name to Agean International G…
Whole sampling more representative
This letter is in response to your misleading and erroneous portrayal of “whole sampling” core as questionable sampling, with implications of “salting” and fraud in articles and cartoons (May 15 to Ju…
Noranda fast-tracks Matagami discovery
Three zinc-copper zones in the Matagami camp of northwestern Quebec are taking the shape of a promising target for Noranda (NOR-T).Thirty-five holes were recently sunk in the Equinox, Perseverance and…
Cominco posts profit in quarter
Operating profits at the Red Dog mine in Alaska and the Trail smelter in British Columbia propelled base metal titan Cominco (CLT-T) to substantial earnings in the second quarter.The company posted a …