Exchange follows major bourses upward
Vancouver — Canada’s junior exchange continued its slow but steady climb into bull territory during the report period ended May 27. The S&P-TSX Venture Exchange composite index added 5.4 points, or 0…
Articles by Northern Miner Staff
AMF raises $1.8 million (June 02, 2003)
London-based America Mineral Fields (AMZ-T) will finance further development of its African projects through a private placement of 4 million units priced at 45 each. Gross proceeds amount to $1.8 mi…
NUM ends strike at Buffels
The National Union of Mineworkers (NUM) has called off a strike by more than 2,000 workers at Durban Roodepoort Deep’s Buffelfontein gold mine in northwestern South Africa following wage agreements wi…
Breakwater adds to Langlois reserve
Infill drilling by Breakwater Resources (BWR-T) has upped reserves at the Langlois base metal mine in northwestern Quebec, extending the mine life for another year.The drilling blocked out 419,600 ton…
Jacobina zones shaping up for Desert Sun (June 02, 2003)
Drilling by Desert Sun Mining (DSM-V) at the Jacobina project in Bahia state, Brazil, has established potential for a near-surface gold deposit.Desert Sun recently drilled 12 holes at the Serra do Cor…
Anooraq drills at South Block
Having raised $728,000 in a private placement of 1.4 million shares priced at 52 apiece, Anooraq Resources (ARQ-V) is preparing to drill its South Block project, on the northern limb of the Bushveld …
Trading Summary (May 30, 2003)
Toronto’s gold issues managed to end the day 1.91 points higher at 165.04 as the yellow metal plummeted US$6.20 to…
Luismin powers Wheaton to record first-quarter earnings
Paced by a higher gold price, Wheaton River Minerals (WRM-T) saw its first-quarter earnings soar to US$4.1 million…
Drill turns at Alto Rico (May 30, 2003)
Vancouver Tenke Mining (TNK-T) has launched a 1,300 metre drill program over the promising Alto Rico gold project…
Nevada Pacific goes Buffalo hunting
Vancouver-based junior Nevada Pacific Gold (NPG-V) has picked up the Buffalo Canyon gold project by staking 44 lode…
Southwestern discovers zinc mineralization
Vancouver — Southwestern Resources (SWG-T) has discovered new high grade zinc oxide mineralization on its Azulcach…
Gold Fields tags hot holes at Guapinol
Vancouver – Impressive drill results continue to roll in from Radius Explorations’ (RDU-V) ground in eastern Guatem…