Gold-Ore eyes targets at Yuscaran
Vancouver — Gold-Ore Resources (GOZ-T) is preparing to drill its Yuscaran gold-silver project in eastern Honduras.The company can acquire the property from Breakwater Resources (BWR-T) by spending US…
Articles by Northern Miner Staff
Newmont expands reserves at drill bit
The larger the gold company, the tougher the challenge of replacing mined ounces and expanding overall reserves and resources. A few years ago, Newmont Mining (NEM-N) had only about 9 million oz. of r…
Pan American to buy Morococha silver mine
A binding agreement sets the stage for Pan American Silver (PAA-T) to buy the Morococha silver mine, 150 km northeast of Lima, Peru.The proposed acquisition reflects Pan American’s goal of becoming th…
ATAC eyes Chinese prospects
Vancouver-based ATAC Resources (ATC-V) plans to scour China for mineral deposits, focusing on regions where the geology and metallogeny resemble those of the northern Cordillera.The joint-venture expl…
CZN buys into Prairie Creek
An agreement with Titan Logix (TLA-V) has allowed Canadian Zinc (CZN-T) to buy Titan’s 2% net smelter return royalty interest in the Prairie Creek mine property in the Northwest Territories.Prairie Cr…
LME Warehouse Levels (February 16, 2004)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb. 10 (change from Feb. 3 in brackets):MetalStock(tonnes)ChangeAluminium1421625(-20…
The Northern Miner Indices (February 16, 2004)
North American Mining: 108.29 (+5.58)Small Producers: 124.91 (+7.20)…
Gold takes centre stage at Roundup
Vancouver — A mining industry almost giddy with excitement was in evidence at the 21st annual Mineral Exploration Roundup, held recently at this city’s Westin Bayshore Resort and Marina.The theme of …
Grayd explores La India (February 16, 2004)
A surface program by Grayd Resources (GYD-V) is assessing the mineral potential of a high-sulphidation epithermal gold property in Sonora state, Mexico.The property, known as La India, consists of thr…
Sampling and drilling
— This is the first of a series of excerpts from the ninth edition of Mining Explained, recently published by The Northern Miner. The book sells for $30, plus $3 for shipping, and is available by cal…
Everton, Globestar advance Bayaguana
Vancouver — Everton Resources (EVR-V) and partner Globestar Mining (GMI-V) have tabled new copper-in-soil results and completed a first phase of drilling at the Bayaguana group of properties in the D…
People (February 16, 2004)
Argosy — Peter Lloyd retired as president and CEO but remains non-executive chairman; Cecil Bond appointed interim CEO and will serve as CFO and CEO.Banro — Peter Cowley appointed director.Bullio…