Storliden enters final stretch
With its decline more than half-finished, the Storliden project is taking shape as Sweden’s newest copper-zinc mine.Situated in the Skelleftea district, the project is owned by Swedish-based North Atl…
News
Copper bottoms as nickel plummets
The metals market got what it wanted during London Metals Exchange Week (Oct. 22-26), with Phelps Dodge announcing substantial cuts to its high-cost copper operations in the southwestern U.S. In spite…
Spot Prices Wed. October 31, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$280.95+$4.80Silver$ 4.28+$0.03Platinum$427.00+$…
Staff Investment Policy (November 05, 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…
Raglan mine a strong performer for Falconbridge
As it struggles to return to profitability, Falconbridge (FL-T) is counting on a strong operating performance at its wholly owned Raglan nickel-copper mine in the Ungava region of northernmost Quebec….
Eldorado pays down debt (November 05, 2001)
Vancouver — With $15.4 million in bank debt and output continuing to slide at its Sao Bento mine in Brazil, Eldorado Gold (ELD-T) posted a loss of US$900,000 (or US1 per share) in the recent third q…
South African investment
Mining companies have committed a total R78 billion to the development, over the next three years, of capital projects across South Africa.According to the Johannesburg-based South Africa Chamber of M…
CVRD eyes copper in Brazil (November 05, 2001)
Vancouver — Companhia Vale do Rio Doce (CVRD) has inked a US$42.5-million deal with Phelps Dodge (PD-N) to pick up the half-stake it does not already own in the Sossego copper-gold property in north-…
Placer, Grayd table results from White Gold project
Vancouver — A 1,740-metre drill program by Placer Dome (PDG-T) and Grayd Resources (GYD-V) has returned up to 12.2 grams gold per tonne over 1.3 metres on the White Gold property near Tok, Alaska.The…
NAME CHANGES (November 05, 2001)
Fosters Resources (FRE-V) has changed its name to Blue Mountain Resources (BMR-V) on a 1-new-for-4-old-share basis.
BLM decision gives Imperial project new lease on life
Vancouver — The stalled permitting process at Glamis Gold’s (GLG-T) Imperial project in southern California got a boost after the Department of Interior’s Bureau of Land Management (BLM) reversed a l…
PDAC to focus on hot spots
The annual convention of the Prospectors and Developers Association of Canada, slated for March 10-13, 2002, at the Metro Toronto Convention Centre, will feature a keynote session on exploration hot s…