Cassidy cuts gold in Guinea (June 24, 2003)
Vancouver A six-hole drill program by Cassidy Gold (CDY-V) has returned promising grades from the Kouroussa prope…
Articles by Northern Miner Staff
Juniors wrap up three-way deal
Juniors St Andrew Goldfields (SAS-T), Royal Victoria Minerals (RVM-V) and United Tex-Sol Mines (UTX.A-V) have compl…
Gold Fields sells Eldorado shares
Vancouver — Gold Fields (GFI-N) has sold its entire equity interest in Eldorado Gold (ELD-T) into the market.G…
Yamana eyes Brazilian gold production (June 23, 2003)
Vancouver Looking to become a 100,000 oz per year gold producer, Spokane-based Yamana Resources (YRI-T) has agree…
Trading Summary (June 23, 2003)
A US$3.20-per-oz. drop in the price of gold sent Toronto’s gold stocks 4.87 points lower to 168.05 on Monday. The y…
Drills turn at Copler
Recent follow-up drilling by partners Rio Tinto (RTP-N) and Anatolia Minerals Development (ANOu-V) has cut gold min…
High River fills in Berezitovoye
High River Gold Mines (HRG-T) has tabled the results of a 25-hole infill drill program at its Berezitovoye gold pro…
Breakwater polishes Langlois study
An updated feasibility study of the Langlois base metal mine in northwestern Quebec has Breakwater Resources (BWR-T) eyeing about $10 million more in cash flow.The study takes into account the recentl…
News – 23-JUN-03
Although Saskatchewan kimberlites carry much lower grades than those being mined in the Canadian Arctic, the sheer size of the Fort la Corne kimberlites renders them highly attractive targets.The Fo…
Lending Rates (June 23, 2003)
as of 4 pm ET, June 17, 2003(%)Bank of Canada3.50Canadian Prime5.00U.S. Discount Primary2.25U.S. Fed Funds1.25U.S. Prime4.25LIBOR US$ 3-month1.06LIBOR US$ 6-month1.01LIBOR US$ 1-year1.02Gold …
Newmont writes off AMC
It was an expensive report period for Denver-based Newmont Mining, which bit the bullet and wrote off its recent, A$100-million investment in Aussie-listed Australian Magnesium Corp., developer of the…
New diamond plays come into view in northern Canada
The diamond hunt is exploding with new kimberlite discoveries beyond the Slave Craton in Canada’s Far North. Recent discoveries are reported near Rankin Inlet and on the Melville Peninsula in eastern …