A 15-year loan agreement with Mitsui of Japan will enable Southern Peru Copper (PCU-N) to expand its operations.The US$100-million deal is linked to a long-term contract to sell copper.Southern Peru i…
Queenstake Resources (QTR-T) and Santa Cruz Gold (scg-t) have agreed to merge.Queenstake brings to the table properties in Peru, Chile and Mexico plus $8 million in cash.In Peru, the company holds 130…
ExchgVol(000s)HighLowCloseChangeAmericn GemT48242…
The Dow Jones industrial average continues to toy with the 10,000 mark. In the report period ended Arpil 6, the Dow cleared the mark once, before falling back to finish the week up 50.23 points, or 0….
Wednesday April 7, 1999Precious MetalsPrice (US)ChangeGold$280.25+$0.45Silver$ 4.9…
Mountain Lake Resources (MOA-V) has drilled a well that has eliminated the need for water to be trucked into its Klipgat 18 alluvial diamond mine, now in production along the Mooi River in northeaster…
1999Apr. 6Apr. 5Apr. 2Apr. 1Mar. 31HighLowComposi…
Production of oil from the Syncrude oil sands plant at Fort McMurray, Alta., set a record in March.Syncrude shipped a record 7.5 million barrels (just under 1.2 million cubic metres) in March, a daily…
Canadian coal producers are no strangers to tough markets, but recent weakness in the global economy has brought about a new set of competitive challenges and left some struggling for survival.As volu…
Special to The Northern MinerPetroleum producers are expected to pump another $25 billion into the Canadian oil sands over the next decade, even though the world is so soaked in oil that the Organizat…
Privately owned Pine Valley Coal will develop the Willow Creek project. Situated in the Peace River coal field of northeastern British Columbia, the project represents the first new coal mine to be de…
The youthful Australian unit of Cameco (CCO-T) will have a $4-million budget to work with this year, the largest since the company opened its Australian office in 1992.Cameco Australia, which maintain…
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