Mirabel to acquire Rocmec
Montreal-based junior explorer Mirabel Resources (RMB-V) plans to acquire privately owned Rocmec International.The two originally teamed to develop and exploit Rocmec’s thermal fragmentation technique…
Articles by Northern Miner Staff
LME Warehouse Levels (March 01, 2004)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb. 24 (change from Feb. 17 in brackets):Aluminium1392875(-11500)Aluminium Alloy64840…
People (March 01, 2004)
Apollo Gold — Melvyn Williams appointed senior VP of finance and corporate development.Crystallex — Ron Colquhoun appointed VP of technical services; Brendan Burke appointed project manager; John Bi…
Japan’s Jipangu drops Cambior stake
Cambior’s (CBJ-T) major shareholder, Japanese-based Jipangu, has cut its ties with the Quebec gold miner by selling 10.4 million shares.The private gold investment fund has also monetized its remainin…
Feasibility drilling enhances Mirador
Drilling by Corriente Resources (CTQ-T) has confirmed the presence of high-grade copper mineralization in a portion of the Mirador deposit in southeastern Ecuador.Hole M65 returned 42 metres grading 1…
Margaret Kent eyes Carolin gold mine
She’s back.Together with long-time partner Ross Burns, former Royal Oak Mines CEO, Margaret “Peggy” Kent (formerly Witte) is looking to acquire the past-producing Carolin gold mine, near Hope, B.C.Alt…
Exchange Rates (March 01, 2004)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateFeb. 24Feb. 23Feb. 20Feb. 19Feb. 18US$ in C$1.32801.33571.34401.3…
Canadian Stock Exchange Indices (March 01, 2004)
DateFeb. 24Feb. 23Feb. 20Feb. 19Feb. 18HighLowTSX Composite8604.99…
The Northern Miner Indices (March 01, 2004)
North American Mining: 108.72 (-2.28)Small Producers: 122.42 (-8.65)(Sept. 30/98 = 100)…
Falco workers ink new deal (March 01, 2004)
Falconbridge (FL-T) expects mining and milling at its Sudbury operations to resume to normal levels before the end of March, now that employees have ratified a new 3-year labour pact.During the strike…
Diamonds North scours eastern Nunavut
Following up on promising kimberlite indicator mineral chemistry, Diamonds North Resources (DDN-V) has joined the diamond hunt in eastern Nunavut.Last fall, the company staked a large block of claims …
Asia Pacific seeks Udon North resolution (March 01, 2004)
Asia Pacific Resources (APQ-T) and the Thai Department of Primary Industry and Mines (DPM) will look for an independent party to decide the fate of the Toronto-based junior’s special prospecting licen…