Markham vehicle cease-traded
The British Columbia Securities Commission has placed a permanent cease-trade order on the shares of American Gold Mining, which had been promoted by Ronald Markham.Markham, who the commission says is…
Articles by Northern Miner Staff
Partners test McCreedy’s PM zone (June 16, 2003)
Underground drilling by partners FNX Mining (FNX-T) and Dynatec (DY-T) at the McCreedy West mine in Sudbury, Ont., continues to return high-grade values of copper, platinum, palladium and gold.The lat…
MIM shareholders give Xstrata offer the nod
Shareholders of Australian-based M.I.M. Holdings have approved a A$4.9-billion cash-and-debt takeover offer by Anglo-Swiss rival Xstrata.The world’s fourth-largest coal exporter received the support o…
Nevada Star kicks off geophysics at Man property
Vancouver –Nevada Star Resource (NEV-V) has started a ground geophysical survey on its 100% owned Dunite Hill project in Alaska.The MAN project is situated in east-central Alaska, south of Fairbanks …
Glamis breaks ground at El Sauzal in Mexico
Full-scale construction is under way at Glamis Gold’s (GLG-T) El Sauzal project in Mexico’s Chihuahua state.The change-of-land-use permit authorizing construction and operation of El Sauzal followed t…
Pound foolishness
A British Broadcasting Corporation report in mid-May said the country’s chancellor of the exchequer, Gordon Brown, had decided the United Kingdom was “not ready” to accept the euro as its national cur…
Producer and Dealer Prices (June 16, 2003)
Antimony: Mid-mkt US$2,570/t.Bismuth: Mid-mkt US$2.90/lb.Cadmium: Mid-mkt US$0.70/lb.Cobalt: Recent trades US$9.70-10.25/lb.Copper: Comex July US$0.770/lb.Indium: Indium Corp., ingot, US$140/kg.Iridiu…
Trading Summary (June 13, 2003)
Powered by a US$3.60-per-oz. rise in the price of gold in New York, the Toronto Stock Exchange’s gold index gained…
Gammon bullish at Northeast Ocampo (June 13, 2003)
An independent economic scoping study of Gammon Lake Resources’ (GAM-T) Northeast Ocampo project in Mexico paints a…
Drill turns at Glenlark
Vancouver Junior Tournigan Gold (TVC-V) has launched a 5-hole drill program over the Glenlark prospect on the Tyr…
Namco slips into watery grave
Out of working capital, and with no hope of its subsidiaries resuming operations, marine diamond miner Namibian Min…
Etruscan, Semafo break ground at Samira Hill
With US$27 million from a recent debt financing in the bank, partners Etruscan Resources (EET-T) and Semafo (SMF-T)…