Echo Bay improves performance
Denver — Higher gold output, offset by declining silver production, contributed to an improved first quarter for Echo Bay Mines (ECO-X).Gold production during the first three months of 2000 reached 1…
News
River slips deeper in red
Low gold prices and grades combined with higher fuel prices to land River Gold Mines (RIV-T) $1.9 million in the red during the first quarter.The 6-per-share loss compares with a loss of $500,000, or…
Tiberon outlines Nui Phao deposit
Vancouver — Junior Tiberon Minerals (TBR-V) has again tabled encouraging results from its Nui Phao tungsten project, north of Hanoi, Vietnam.Drilling is focused on a large geophysical anomaly known a…
Staff Investment Policy (May 28, 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…
Aredor closing extended
London-based Rio Tinto (RTP-N) has agreed to extend the closing date of an agreement allowing it to earn a 53% interest in the Aredor kimberlite project from Trivalence Mining (TMI-V).The potential pa…
Too close for comfort
April was the cruelest month, and we were amid the deafening stillness that is the Ungava region in far-northern Quebec.Surrounded by desolated shores and mountains, we journeyed farther north.Left al…
Expatriate seeks extension
A US$5-million financing with Resource Capital Fund II has collapsed, leaving Expatriate Resources (EXR-V) unable to complete a $1-million payment to Cominco (CLT-T) that was due May 24.Expatriate has…
Exchange Rates (May 28, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateMay 22May 21May 18May 17May 16US$ in C$1.5407Holiday1.53301.5358…
Cambior finally back on even keel
It’s been a turbulent year and half, but Cambior (CBJ-T) seems finally to have settled into a familiar pattern of gold production and respectable quarterly reports.Gold production attributable to the …
GREATEST VALUE TRADED, MAY 16-22
ExchgVal($000s)HighLowCloseChangeAlcoa*N113193945.7141.8043.60+1.60…
NAP nixes extension of sales contract
North American Palladium (PDL-T), Canada’s only primary producer of platinum group metals, will not extend its long-term sales agreement with a major automotive company beyond June 30, 2005.The contra…
TSE Shorts (May 28, 2001)
Short positions outstanding at May 15, 2001Larger individual positions include:Aber Diamond Corp. 166,214 up 130,107; Alcan Inc. 1,492,230 up 385,323; Anderson Exploration Ltd. 4,697,815…