Articles by Northern Miner Staff

Canadian Stock Exchange Indices (October 04, 2004)


Miners a haven in weak market

U.S. stock markets turned downward in the report period Sept. 22-28 amid generally gloomy news on consumer spending and durable goods orders, and on a further decline in leading economic indicators. The Dow Jones Industrial Average was off 1.6% at…



The dormant Summit Lake gold mine (lower right), in the Stewart area of northwestern British Columbia.

Gold explorers scour historic BC camp

Vancouver — Undergound drilling by Tenajon Resources (TJS-V) on the Summit Lake gold project is one of many exploration programs under way in the rugged Stewart area of northwestern British Columbia.


Metanor buys Bachelor Lake mine

For $2.3 million in cash, Montreal-based junior Metanor Resources (MTO-V) has bought a 100% interest in the formerly producing Bachelor Lake gold mine in Quebec from miner Campbell Resources (CCH-T).


Goldcorp explores Ardeen

Goldcorp (g-t) has begun data compilation and surface sampling at Pele Mountain Resources‘ (gem-v) wholly owned Ardeen high-grade gold project, 110 km west of Thunder Bay, Ont.


Higher gold price sparks trading

The report period Sept. 22-28 saw the price of gold rise another US$3.20 to close at US$411.70 per oz. in the afternoon in London. In New York, oil prices rose above US$50 a barrel for the first time. The energy index was up 2% at 188.17 points. T…


Juniors rebound on back of stronger gold price

On the heels of last week’s positive trading period, TSX Venture Exchange-listed companies continued to gain ground as the gold price climbed higher, owing to a weaker U.S. dollar. The S&P-TSX Venture Exchange index continued its climb from Sept.


Strateco, GeoNova hit significant gold

Strateco (RSC-V) and partner GeoNova Explorations have intersected significant gold on their jointly held Discovery project, 45 km northwest of Lebel-sur-Quvillon, Que.


Tri Origin in Australia

Tri Origin Exploration‘s (toe-v) 51.1%-owned Australian subsidiary, Tri Origin Minerals, is launching a new exploration campaign at its flagship Woodlawn base metals prospect in New South Wales.


Voisey’s Bay production just a year away

While it’s a bit rich for Inco (N-T) to be describing its long-delayed Voisey’s Bay nickel-copper-cobalt project in Labrador as “ahead of schedule,” construction at the mine site is going so well that the commissioning of the mi…


Barrick joins Eurasian

Eurasian Minerals (EMX-T) is entering into a 4-year regional exploration joint venture in Turkey with Barrick Gold (ABX-T).


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