News
Ownership discrepancy
We wish to clarify a discrepancy we have noted in several issues of The Northern Miner, most recently in the May 28-June 3 issue.The article about the Fort la Corne joint venture in Saskatchewan say…
Staff Investment Policy (June 25, 2001)
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…
Nord misses payment
Denver — New Mexico-based Nord Pacific (NPF-T) has failed to make a required payment for the Tritton copper project in New South Wales, Australia, prompting its partner, Australian-listed Straits Res…
Cominco leases Mesaba copper-nickel deposit (June 25, 2001)
Vancouver — Cominco (CLT-T) intends to apply its new hydrometallurgical technology to the Mesaba copper-nickel deposit in northern Minnesota. The company acquired the rights to the large, undeveloped…
Campbell completes merger
With final approvals in hand, Campbell Resources (CCH-T), MSV Resources (MSV-T) and GeoNova Explorations (GNE-M) expect to complete their proposed merger by the end of June.The deal calls fo…
PEOPLE (June 25, 2001)
Avalon — R.J. Anderson appointed VP finance and CFO.Canarc — Leonard Harris and Stephen Peck appointed directors.Cogema — Tim Gitzel appointed president and CEO; Vincent Martin appoint…
Madrid drilling complete (June 25, 2001)
Vancouver — Having completed 95 drill holes over the Madrid portion of the Hope Bay project in Nunavut, partners Miramar Mining (MAE-T) and Hope Bay Gold (HGC-T) have expanded the Naartok and Suluk z…
Fire assaying taught in Montana
A short course in fire assaying will be held at Montana Tech, part of the University of Montana, from Aug. 19 to 24.The event, titled “Fundamentals and Applications of Fire Assay,” is being organized …
Market weakens entering summer
Denver — The Dow Jones industrial average slumped 351.71 points, or 3.2%, to 10,596.67 for the report period ended June 19, as the market slipped into the summer doldrums. The Nasdaq dipped below 2,0…
GREATEST VALUE TRADED, JUNE 13-19
ExchgVal($000s)HighLowCloseChangeAlcoa*N 686587 41.38 37.20 37.60 – 2.90…
Exchange Rates (June 25, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJune 19June 18June 15June 14June 13US$ in C$1.53291.53351.52191.5…