Partners find kimberlite near Rankin Inlet
Led by promising indicator mineral chemistry, Cumberland Resources (CBD-T) and Comaplex Minerals (CMF-T) have intersected a kimberlite-pipe-like body in the first drill hole of a program designed to t…
Articles by Northern Miner Staff
Coloured gemstones
Thanks to Chuck Fipke, the entire mining industry, along with most other Canadians, realize that there are mineral commodities aside from metals worth exploring for. Whereas only a handful of companie…
Editorial Cartoon (June 02, 2003)
Global industrial production and what it means for mining, Part 1
The focus of most analysis of the world economy continues to be the “developed” countries, and understandably so. These countries, commonly represented by the Organization for Economic Co-operation an…
Base metal miners advance
Buoyed by renewed strength in base metals prices, particularly in the nickel market, most of the base metal majors made gains during the report period ended May 27.Pechiney eased up 4 to US$14.05 as …
Base metal fundamentals improving?
About of statistical metal releases has just arrived, and in this short report we offer an analysis of the latest data on copper, nickel, lead and zinc from their respective International Study Groups…
Daily Metal Prices (June 02, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateMay 27May 26May 23May 22May 21Al Alloy1355/1355…
Golds falter as broad market shines
The Toronto Stock Exchange composite index gained 113.84 points over the May 21-27 report period to end at 6,840.24 points, its highest finish in nearly a year.Junior Tahera was the period’s hottest m…
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…
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…
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…