Articles by Northern Miner Staff

TSX VENTURE EXCHANGE – SEPTEMBER 23-29

The first four days of the Sept. 23-29 trading session on the S&P-TSX Venture Exchange were relatively quiet. But then on another Monday that will long be remembered, the exchange dove 133.61 poin…


A historical view of Queenston Mining's Upper Beaver mine, in Ontario's Kirland Lake camp. Queenston has released an indicated resource totalling 375,000 oz. gold at the past-producer, which turned out 140,000 oz. gold and 11.9 million lbs. copper over 50 years off and on before closing in 1972.

Queenston tallies Upper Beaver resource

Queenston Mining (QMI-T, QNMNF-o) staked its claims in Canada’s second-largest gold camp early and often — a strategy that has given it the biggest land position in the Kirkland Lake district of nort…




TSX VENTURE SHORT POSITIONS (October 06, 2008)

Short positions outstanding at Sept 15/08 (with changes from Aug 31/08). Largest short positions Gold Wheaton GLW 1481912 273112 Westernzagros WZR 1124451 -7283 Raytec Metals RAY …




Drilling at Rye Patch Gold's Lincoln Hill project, in Nevada. The company cut a shallow 21-metre intersection grading 27 grams gold and 34 grams silver per tonne in reverse-circulation drilling at the project, sending its share price up by 128%.

Rye Patch shares rise on Nevada high-grade

Shares of Rye Patch Gold (RPM-V, RPMG-o)shot up 128% on news that the company hit high-grade gold mineralization in drilling at its Lincoln Hill project, in Nevada.




LENDING RATES (October 06, 2008)

as of 9 a. m. ET, Sept. 30, 2008 (%) Bank of Canada 3.25 Target overnight rate 3.00 Canadian Prime 4.75 U. S. Discount Primary 2.25 U. S. Fed Funds market rate 2.00 U. S. Prime …


This 478-carat stone, found at Gem Diamonds' Letseng mine, in Lesotho, is the 20th largest diamond ever found. The mine has produced three other diamonds among the top 20, including the 603-carat Lesotho Promise, which sold for US$12.4 million in 2006.

Gem Diamonds recovers 478-carat stone at Letseng

Vancouver — For the third time in as many years, Gem Diamonds (GEMD-l) has recovered a diamond from its Letseng mine, in Lesotho, big enough to take a place on the list of the 20 largest rough diamon…


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