Kimberlites eludes Majescor
Using a reverse-circulation rig to sample a couple of poorly defined kimberlite mineral anomalies on its Portage pr…
Articles by Northern Miner Staff
Comtois deal sealed
Toronto-based junior Candor Ventures (CND-V) has inked a deal to take a half-interest in the Comtois gold deposit,…
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…
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…
TSE suffers holiday blues as gold claws back
The Toronto Stock Exchange composite index moved sideways over the holiday-shortened June 25-July 1 report period, finishing at 6,983.14, for a loss of 74 basis points.Gold regained some of the ground…
Diamonds drive junior market higher
Vancouver — Canada’s junior exchange inched forward over the holiday-shortened week ended June 30 as investors found a renewed appetite for diamond explorers. The S&P-TSX Venture Exchange composite i…
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…