News

Investment Commentary — Best bets for 2002, Part 2

The Northern Miner asked five market watchers of the junior mining and exploration sector to offer recommendations and opinions for the year ahead. In the previous issue, we heard from John Kaiser of …


Granny Smith: community builder

In various ways, Placer Dome is contributing to the community surrounding the Granny Smith mine in Western Australia.For the past four years, the mine has been providing air transit to a group of stud…



Iamgold adopts gold policy

Believing gold to be significantly undervalued, junior producer Iamgold (IMG-T) has adopted a policy of holding its discretionary cash in the form of gold bullion.The company, which holds non-operatin…


Staying the course

In September 1999, two well-respected consulting firms, Strathcona Mineral Services and Roscoe Postle Associates, were hired by the local unions representing workers at the Pamour operation in Timmins…



Henry Shear

Henry Shear, an exploration geologist who spent 42 years working for such companies as General Resources, Noranda and Quintana Minerals, has died. He was 66.Shear was born in Kirksville, Miss., in 193…


Marum leads as CDNX moves forward

Vancouver — Canada’s junior exchange posted modest gains during the report period ended Jan. 22. The Standard & Poor’s-CDNX composite index added 9.89 points, or 0.9%, to its value and closed at 1098…



Northern Miner Indices (January 28, 2002)

NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T25.5CamecoCO-T4.1FalconbridgeFL-T5.3Franco-Nevada MiningFN-T7.0Freeport McMoRan Cop’r BFCX-N5.7IncoN-T9.2Newmont Mining…


Producer and Dealer Prices (January 28, 2002)

Antimony: Mid-mkt US$1,080/t.Bismuth: Mid-mkt US$3.25/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.95-8.00/lb.Copper: Comex Mar. US$0.7025/lb.Indium: Ind…


Newmont triumphs over AngloGold

South African producer AngloGold (AU-N) has failed to sway enough shareholders to remain in the battle for Normandy Mining (NDY-T), giving Newmont Mining (NEM-N) a clear path to victory.The…


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