Study recommends more drilling for Pan
A preliminary scoping study has provided Castleworth Ventures (WTH-V) with a blueprint for continued advancement of its Pan gold project in Nevada’s White Pine Cty.President John Watson says the compa…
Articles by Northern Miner Staff
Washington deal extended
The period ended March 9 was punctuated by the European central banks’ renewal of the Washington agreement on gold sales, which had been due to expire later this year.Twelve European central banks hav…
Rio Narcea to explore Salave
In a deal potentially valued at more than US$30 million, Rio Narcea Gold Mines (RNG-T) has acquired rights to develop the Salave deposit from mining promoter J. Patrick Sheridan.The gold project is in…
Consolidation in Australia
The Australian resources sector has undergone tremendous change over the past three or four years, and global consolidation has focused heavily on Australian names.The frenetic activity was due to sev…
Writedown spills red ink over Stillwater
A major writedown of mining assets has hampered the bottom line of Stillwater Mining (SWC-N), the largest primary producer of platinum group metals outside of South Africa.The company posted a net los…
Alcan wins award
Montreal-based Alcan has won an award in the category of Best Overall Company in the first edition of the International Business Awards.The honour comes just days after Fortune magazine named the alum…
St. Jude buys heap-leach plant for Goulagou-Rounga
Vancouver — Determined to exploit the oxide resources at its Goulagou-Rounga project in Burkina Faso, St. Jude Resources (SJD-V) has arranged to buy a heap-leach gold processing plant.The partly refu…
People (March 15, 2004)
Altius Minerals — Donald Warr appointed CFO; Brent Cook appointed to advisory board.Amera Resources — David Terry appointed VP of exploration.Apollo Gold — Melvyn “Mel” Williams appoin…
Trading Summary (March 12, 2004)
The power went out on the Toronto Stock Exchange’s utility sector on Friday, as the group fell 0.65 of a point to 1…
Tuobuka results fail to impress
Investors slammed shares in SKN Resources (SRL-V) after the company announced the latest sampling results from the…
McWatters trims its Kiena royalty (March 12, 2004)
McWatters Mining (MWA-T) has agreed to sell a portion of its Kiena mine royalties to Wesdome Gold Mines (WDG-V) for…
Boroo hits its stride
Cameco’s (CCO-T) 53.2%-owned Boroo gold mine, 110 km northwest of Mongolia’s capital city, Ulaanbaatar, has begun c…