Trading Summary (July 08, 2003)
The Toronto Stock Exchange’s gold index dove 2.59 points to 168.41, as the yellow metal shed US$3.90 to US$344 per…
Articles by Northern Miner Staff
Barrick shuffles Bulyanhulu management
Barrick Gold (ABX-T) is shuffling management at its Bulyanhulu gold mine in Tanzania in an attempt to cut costs and…
Drill turns at Regal Ridge
Vancouver — True North Gems (TGX-V) has launched a 1,250 metre drill program over its wholly owned Regal Ridge eme…
Alcan retargets Pechiney
Looking to cut costs and entrench itself in the aerospace supply industry, Montreal-based aluminum giant Alcan (AL-…
Placer opts out of Nyanzaga
Vancouver Placer Dome (PDG-T) has elected to drop the once promising Nyanzaga gold project in the Lake Victoria G…
Trading Summary (July 07, 2003)
Toronto’s diversified miners added 2.39 points, or nearly 2% of value, to end at 130.04 on Monday, helping the broa…
Jewelry slump casts pall over gold market
(The following is from The Commodity Refiner, a monthly publication of Barclays Capital Research, and is concerned with gold and silver metals markets. Subsequent instalments will cover platinum group…
Canadian exploration trends
Annual spending on mineral exploration in Canada has stabilized above $500 million, after declining from a peak of $921 million in 1997 and a low of $497 million in 2000, according to a report publish…
Northern Dynasty fast tracks Pebble
Vancouver — Armed with a $5-million financing, Hunter Dickinson-led junior Northern Dynasty Minerals (NDM-V) is intensifying exploration efforts over the 89-sq.-km sulphide system on the Pebble gold-…
Anuri shows potential
Partial microdiamond results from core drilling on the Rockinghorse joint venture in the Coronation Gulf district of Nunavut continue to demonstrate the potential of the Anuri kimberlite.Operator Kenn…
Golden Star shines over Mampon (July 07, 2003)
Denver-based Golden Star Resources (GSC-T) has completed its $9.5-million acquisition of Ashanti Goldfields’ (ASL-N) Mampon property, 40 km northeast of Bogoso, Ghana.Mampon is home to a probable rese…
Queenstake closes Jerritt deal
Queenstake Resources (QRL-T) has acquired the Jerritt Canyon gold mine in Nevada’s Elko Cty., after wrapping up a previously announced brokered private placement of 105 million subscription receipts f…