Trading Summary (May 26, 2003)
With U.S. markets closed on Monday, the Toronto Stock Exchange managed to scrape together 1.95 points to make 6,784…
Articles by Northern Miner Staff
Mindoro cuts high gold grades at Lobo (May 26, 2003)
Vancouver The initial results from an on going drill program by Edmonton-based Mindoro Resources (MIO-V) have con…
Samira Hill funding in place (May 26, 2003)
A group of lenders led by the African Development Bank (ADB), and including Semafo (SMF-T), has approved a US$27-mi…
International Curator extends Royal County bid
International Curator Resources (IC-T) has extended for a second time its takeover offer Royal County Minerals (RMI…
Geomaque cuts high grade at Tasiast
Some 20,000 metres of reverse-circulation infill drilling have allowed Geomaque Explorations (GEO-T) to revise its estimate of the resource at the Tasiast gold project in Mauritania, West Africa.The i…
Eldorado revises estimates at Sao Bento
Vancouver — A capital expansion plan, combined with the strengthening Brazilian currency, has led Eldorado Gold (ELD-T) to revise its anticipated gold production and production costs at the Sao Bento…
Protest won’t affect business: Tiffany & Co.
A protest in early May by the United Steelworkers of America (USWA) outside Tiffany & Co. in Chicago, Ill., will not affect the flow of silver and gold to the luxury goods retailer from Kennecott Utah…
Breakwater breaks even in Q1
Higher prices for gold, silver and copper helped offset lower production for Breakwater Resources (BWR-T) in the first quarter.The company earned $69,000 (or nil per share), compared with a loss of $3…
Fronteer hunts for IOCG deposits
Vancouver — In addition to its foray into the Red Lake-Birch Uchi Belt, Fronteer Development Group (FRG-V) has assembled large land positions in the Bear province of the Northwest Territories and the…
Alamos Gold advances Estrella
Vancouver — In the late 1990s, Placer Dome (PDG-T) and partner Kennecott Minerals tabled a feasibility study that indicated only a marginal return on the Mulatos gold project. Today, newly minted Ala…
Great Basin active in South Africa
Hunter-Dickinson-led Great Basin Gold (GBG-V) has tabled a new measured resource estimate for the Southeast zone of Area 1 on the northwestern portion of the Burnstone gold property, 80 km southeast o…
Almaden, BHP Billiton kick-start JV
Junior Almaden Minerals (AMM-T) has staked two gold properties in Mexico’s southern state of Oxaca as part of a joint venture with BHP Billiton (BHP-N).Under terms of the deal, inked a year ago, each …