Articles by Northern Miner Staff


Pelangio Mines President and CEO Ingrid Hibbard examines core at the Detour Lake camp in northeastern Ontario.

Pelangio seeks to revive Detour Lake

Detour Lake, Ont. — Among junior resource companies, Pelangio Mines (PLG-V) is in the enviable position of having a substantial (521,965-oz.) measured and indicated gold resource on its property, site of the past-producing Deto…



Gold and oil resume their dance

The bull market in gold has been in full swing since 2001, and one of its more intriguing aspects has been the return of an enduring and special price relationship between the two kings of the commodities world: gold and crude oil.


Revisiting the bull market

The price performance of most of the base metals has been impressive so far this year, at least from a producer’s perspective. All metals made new highs for this cycle despite the rebound in the U.S. dollar. However, the recent correction that mos…


Heavy-going for gold

We had expected gold to experience “one last leg higher” during the second quarter before long liquidation and poor commodity fundamentals drove prices towards US$350 per oz. by the end of the year. However, events have fast-forwarded, with the se…


BLM raises claims fees

The U.S. Bureau of Land Management (BLM) is increasing mining claim fees, which by law must be adjusted for inflation based on the U.S. Consumer Price Index.


Golds lose steam during holiday week

The report period June 29-July 6 saw reduced activity caused by Canada Day and, south of the border, Independence Day. Gold closed down $9.75 to finish at US$394.50 per oz. in the afternoon of July 6 in London. The gold index was down by 0.04 poin…



TSX adds mining companies, clout

Healthy metal prices lured 19 mining companies to list on the Toronto Stock Exchange in the first half of 2004, adding $2.3 billion (US$1.7 billion) to a bourse already rich in resource companies.




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