News


Correction (February 18, 2002)

TGW Corp. (GWC-V), which is in joint venture with Virginia Gold Mines (VIA-T) at the Poste Lemoyne gold project in the James Bay area of northwestern Quebec, is listed on the Canadian Venture Exchange…



Staff Investment Policy (February 18, 2002)

The Northern Miner does not permit any editorial employee to file stories about companies in which the writer owns shares. Editorial employees are also not permitted to take part in initial public off…




PEOPLE (February 18, 2002)

Algoma Steel — William Aziz, David Baird, Michael Cahr, Benjamin Duster, Patrick Lavelle, James Lawson, Robert Milbourne, John Kallio, Murray Nott and Douglas Olthuis appointed directors.Crew Develop…


Noranda splashes red ink on 2001

Echoing the woes of its peers, Noranda (NRD-T) suffered huge losses in the final quarter of 2001 and even more during the entire year on account of weak metal markets.In the final three months of 2001…


Ivanhoe now owns Mongolian project

Robert Friedland’s Ivanhoe Mines (IVN-T) has assumed 100% ownership of the Turquoise Hill copper-gold project in southern Mongolia after completing its earn-in obligations by spending US$3 million on …


Record production at Red Lake drives Goldcorp

Thanks to a full year’s worth of production from the Red Lake mine in northern Ontario, Goldcorp (G-T) has set a new annual production record.The gold miner cranked out 607,403 oz. last year at a cash…


DRC returns land to Banro

The government of the Democratic Republic of the Congo (DRC) is returning gold concessions it expropriated from Toronto-based Banro in 1998.The land was expropriated because of what the DRC called “ir…


Int’l Curator targets Hunt property

Vancouver — International Curator Resources (IC-T) has kicked off a 5,000-metre diamond drill campaign at the Assean Lake gold project, 120 km northeast of Thompson, Man.About 3,000 metres (eight hol…


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