News

Letter to the editor: U.S. reader assails Chretien

If Canada desires to follow a narrow-minded, provincial Quebecois as its leader, so be it. You make your bed, . . .In the future, I hope other Americans remember Canada’s spinelessness. Actually it is…


IMA ups allotment in financing

Vancouver — Investor demand has prompted IMA Exploration (IMR-V) to increase both the allotment size and price of its latest financing.The original, $1.2 million non-brokered private placement consis…


PEOPLE (April 14, 2003)

Phelps Dodge — Jon Madonna appointed to board of directors.QGX — Paul Zweng appointed chief operating officer. Surf’s up!Seabridge — Eliseo Gonzalez-Urien appointed senior technical ad…


US golds take hit as price falls

A steep dip in the price of gold pushed U.S. gold producers lower over the April 2-8 report period. The yellow metal was fixed at US$324.10 per oz. on the morning of April 9, for a loss of $6.15 on th…


One editorial too far

For a long time I have just overlooked The Northern Miner’s page 4 editorial. It tends not to reflect my own political philosophy, but that is not why I subscribe to The Miner, so it never bothered me…



Correction (April 14, 2003)

In 2001, Australian consulting firm GRD Minproc — not Canada’s SNC Lavalin (SNC-T) — prepared two definitive feasibility studies of the Rosia Montana gold-silver project in Romania. The project is h…


A trench at the Kisladag gold project in Turkey

Eldorado Gold posts feasibility for Kisladag

Vancouver — Eldorado Gold (ELD-T) has tabled a positive feasibility study for its wholly owned Kisladag gold project in western Turkey.The study points to an after-tax internal rate of return of 32.6…



Soquem inks joint ventures with Quinto Technology

Vancouver — Quinto Technology (QU-V) has signed an agreement with provincially owned Soquem to establish two 50-50 joint ventures in the Lac Gueret area of Quebec.Soquem recently performed an airborn…


RJK cuts gold at Wedge (April 14, 2003)

The first hole drilled by RJK Explorations (RJX.A-V) on its Wedge property, near Shebandowan, Ont., has intersected significant gold mineralization.The hole was testing the Creek zone, where grab samp…


Freeport-McMoRan sweetens redemption price

A tepid reception has prompted Freeport-McMoRan Copper & Gold (FCX-N) to spruce up an offer for early redemption of its 7.5% senior notes due in 2006.The major is now offering US$1,030 per US$1,000 pr…


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