Staff Investment Policy (August 20, 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…
News
Spot Prices Wed. August 15, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$276.35+$9.85Silver$ 4.23+$0.07Platinum$427.00-$…
Pan American in red despite higher output
Vancouver — Despite an increase in production, Pan American Silver (PAA-T) suffered a loss in the second quarter, reflecting a 26-year low for silver prices.The company posted a net loss of US$2.8 mi…
Program tests Agnew Lake
South African major Anglo American Platinum has approved a $1.2-million budget for the Agnew Lake platinum group metals project in the Sudbury region of Ontario.Agnew Lake is owned by New Millennium M…
NAP earnings slide in expansion phase
Although less profitable than a year ago, North American Palladium (PDL-T) earned a healthy $5.3 million during the three months ended June 30 as revenue topped $19.3 million.The 10-per-share earning…
Niobec strike settled (August 20, 2001)
Hourly rated employees at the Niobec niobium mine in the Lac St.-Jean area of Quebec have returned to work following a 9-day strike. Owners Cambior (CBJ-T) and Mazarin (MAZ-T) reached an agreement wit…
PEOPLE (August 20, 2001)
TGW — William Fisher appointed president.Valerie Gold– Stephen Wilkinson appointed director.
Hair appointed head of ICMM
Conservationist Jay Hair has been appointed secretary general of the London-based International Council on Mining and Metals, the successor organization to the International Council on Metals and the …
Correction (August 20, 2001)
The gold exhibit at the Pacific Mineral Museum in Vancouver, B.C., is slated to begin Oct. 1 and run until Nov. 4. Incorrect information appeared in our Aug. 6-12 issue.
Atlas Copco buys parts supplier
Swedish-based eqipment manufacturer Atlas Copco has bought Christensen Products, a division of Kansas-based Layne Christensen.Christensen Products is a leading supplier of diamond core drill rigs.The …
New showings reported at Nunavik
Vancouver — An independent sampling program at the Nunavik copper-nickel property in northern Quebec has confirmed the presence of platinum-palladium mineralization in the Expo-Ungava deposit, with f…
Great Quest eyes Kenieba (August 20, 2001)
Vancouver — Great Quest Metals (GQ-V), a firm believer that gold prices will be heading higher, has added the Kenieba concession to its portfolio of gold properties in Mali, West Africa.The junior ca…