News

Falco posts record earnings despite strike

Higher metal prices and increased low-cost production from its new Raglan and Collahuasi mines offset the effects of an ongoing strike at its Sudbury operations, enabling Falconbridge (FL-T) to post r…


Barrick takes US$1.1b hit against 2000 earnings

As expected, Barrick Gold (ABX-T) wrote-down the value of some of its assets by a total of US$1.1 billion to reflect the reality of lower gold prices in recent years and to prepare for the possibility…



Mixed earnings polarize resource sectors

Erasing some of the gains made in the previous week, the Toronto Stock Exchange 300 index slipped 46.96 points over the Jan. 31-Feb. 6 report period to finish the week at 9,301.40.A flurry of mixed ne…


Market absorbs rate cut

Denver — The Dow Jones industrial average climbed 76.22 points, or 0.7%, in the report period ended Feb. 6 to close at 10,957.42. The market got a boost when the U.S. Federal Reserve cut interest rat…


A taste of things to come Living Legacy, Act One

The recent decision by Ontario’s minister of natural resources to reject an application for a granite quarry near Belleville and adjacent to the Mellon Lake Conservation Reserve is being applauded by …


Stephen Roman, left, with John Kostuik, president and chief operating officer of Denison in April 1970.

Roman’s empire not built in a day

Unlike fellow financier Joe Hirshhorn (1899-1981), Stephen Roman (1921-1988) was a builder, albeit a slow one.The portly gentleman immigrated to Canada in 1937 after attending agricultural college in …



Virginia, Billiton cut PGMs at Gayot

Junior Virginia Gold Mines (VIA-T) and its partner, Billiton, have drilled wide intersections of nickel, platinum and palladium mineralization at their Gayot project in Quebec’s Caniapiscau Reservoir …



Staff Investment Policy (February 12, 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…


Dinner will honour Cross

After 52 years and 13,388 issues, the George Cross Newsletter and its editor, George Cross, Jr., have decided to call it a day.The final issue of the west-coast mining chronicle was published at the e…


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