Northern Miner Staff, Author at The Northern Miner

News May 17, 2004

Auspicious start for Highland

The first full financial year for London-listed Highland Gold (HGM-L) ended profitably, with the gold-producer posting a US$18-million profit on revenue of US$71.5 million.

News May 17, 2004

The May 5-11 report period was a rotten one for most shareholders in the U.S., as markets suffered a broad pullback in response to sharp setbacks in Iraq, oil-price shocks, and concerns that the Federal Reserve will finally begin to raise interest…

News May 17, 2004

Results buoy North Atlantic Nickel (May 17, 2004)

An expanded program may be in the works at North Atlantic Nickel‘s (NAC-T) Kantela project in western Mali, following results from 11 reverse-circulation drill holes.

News May 17, 2004

Canadian Stock Exchange Indices (May 17, 2004)

…

News May 17, 2004

Diamond strategy unveiled

A group consisting of the Northwest Territories and Nunavut Chamber of Mines, the Prospectors & Developers Association of Canada, and the Mining Association of Canada (MAC), has released a document designed to influence public policy on the Canadi…

News May 17, 2004

Study examines larger mine at Las Cristinas

Vancouver — A feasibility study prepared for Crystallex International (KRY-T) suggests the economics of Las Cristinas could be improved by doubling daily throughput to 40,000 tonnes.

News May 17, 2004

Test mining at Fenelon property (May 17, 2004)

Development began with a blast in early April on the 5213 “E” stope at the Fenelon gold project in northwestern Quebec. International Taurus Resources (ITS-V) and Fairstar Explorations (FFR-T) intend to test-m…

News May 17, 2004

Century aims to revive Sigma-Lamaque

Vancouver — A letter agreement sets the stage for Century Mining (CMM-V) to acquire the historic Sigma-Lamaque gold mine complex in the Val d’Or camp of northwestern Quebec.

News May 17, 2004

Beaufield climbs on Rouleau results (May 17, 2004)

Nepean, Ont.-based Beaufield Consolidated Resources (BFD-V) has released encouraging initial results from drilling at its Rouleau gold property, 120 km east of Lebel-sur-Quevillon in northwestern Quebec.

Photo by James WhyteA view of Inmet Mining's Troilus open-pit gold mine near Chibougamau, Que.

News May 17, 2004

Aur, Inmet reach merger deal (May 17, 2004)

A merger-of-equals deal struck at the beginning of May will see Aur Resources (AUR-T) and Inmet Mining (IMN-T) join to form a single company with significant assets in the copper mining business.

News May 17, 2004

Lower grades sink Richmont (May 17, 2004)

Lower gold grades and a stronger Canadian dollar caused Richmont Mines (RIC-T) to lose $1.1 million in the first quarter.

News May 17, 2004

Flow-through shares: a history

The recent success of so-called “flow-through” shares may make them seem like a new idea in Canada but this financing device found its way into the business lexicon here roughly 50 years ago with company-to-company “flow-through” shares. It took a…