Articles by Northern Miner Staff

The Ontario Court of Justice has found Glen Harper, president of Golden Rule Resources (GNU-T), guilty of two charges of illegal insider trading in the company’s shares during early 1997, when the com…

In an attempt to diversify its exploration portfolio, Denver-based Solitario Resources (SLT-T) has tabled a friendly takeover bid for junior Altoro Gold (ATG-V).The share swap offer would see Altoro s…

Phelps Dodge (PD-N) posted better-than-expected second-quarter earnings of US$4.5 million (or 66 per share) before restructuring charges and non-recurring items of US$52 million.In late June, the com…

Winnipeg-based San Gold Resources (SGR-W) has launched a major exploration program on its property near the producing Bissett mine in northern Manitoba.The $500,000 program will consist of basal till …

Armed with more than $10 million in working capital, Mentor Exploration & Development (MV-T) has acquired three gold projects in northern Quebec.About $400,000 will be spent this year on the Lac Corve…

ExchgVol(000s)HighLowCloseChangeAlcoa*N 10017 32.31 30.19 31.31…

The Peruvian congress has passed a bill aimed at removing many of the existing financial incentives for mining.The bill, presented by President Alberto Fujimori, who was recently re-elected to a third…

With a positive audit in hand, Trivalence Mining (TMI-V) is proceeding to test the K-23 kimberlite at depth.The pipe is on the 85%-held Aredor concession in Guinea, 1.1 km upstream from the BAI-4 allu…

An early start at its seasonal Golden Bear mine translated into record production and profits for Wheaton River Minerals (WRM-T) in the first half of the year.Earnings for the six months ended June 30…

Freeport-McMoRan Copper & Gold (FCX-N) incurred a loss in the second quarter, owing to lower metal sales.For the three months ended June 30, Freeport posted a loss of US$19 million (12 per share), co…

Drilling at the Ocampo gold-silver project in Mexico’s Chihuahua state continues to return heartening results for Gammon Lake Resources (GAM-T).Hole 110 cut 44.2 metres (between 98.1 and 142.3 metres)…

Gold prices continued to weaken during the July 12-18 report period, shedding another US$1 on thin volume to reach a London morning fix of US$281.80 per oz. on July 19. By presstime, the yellow metal …