News

The Grasberg mine of Freeport-McMoRan Copper & Gold, in Irian Jaya, is returning to full production following a tailings slide in May, 2000.

Freeport returns Grasberg to full capacity

Denver — Freeport-McMoRan Copper & Gold (FCX-N) has returned the Grasberg mine in Indonesia to capacity.Throughput at the giant copper-gold complex, situated in Irian Jaya, had been limited to 200,00…


Staff Investment Policy (January 08, 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…


Flow-through share financings benefit Canuck juniors

Vancouver — Companies with Canadian projects are finding willing investors for flow-through share issues, which provide investors with tax deductions on exploration expenses.- Canabrava Diamond (CNB-…


NDT encouraged by Antana results

A first pass of drilling at the Antana gold prospect in southern Peru has returned some highly encouraging numbers for NDT Ventures (NDE-V), including 86 metres grading 1.46 grams gold per tonne.NDT t…





Dow begins year on down beat

Denver — During the holiday-shortened report period Dec. 27, 2000-Jan. 2, 2001, U.S. markets showed little movement: the Dow Jones industrial average began the first trading day of 2001 down 1.3%, wh…



Metal markets anything but shiny in 2000

While it didn’t provide the unremitting gloom of the years immediately following the Asian economic crisis, 2000 might be remembered by many metal producers as the year of the recovery that never was….


SouthernEra sells flow-through shares

Toronto-based SouthernEra Resources (SUF-T) has raised $1.65 million for domestic exploration.The company issued 733,333 units at $2.25 apiece, or roughly 18% above its current share price. Each unit …


Drill to turn at Stares

Vancouver — With a 900-metre drill program set to begin on their jointly owned Stares-Calvert massive sulphide property in Ontario, RJK Explorations (RJX.A-V) and Greater Lenora Resources (GEN-T) hav…


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