Ontario to spend $5m on Abitibi project
The Ontario government will contribute almost $5 million to a geoscience project designed to stimulate mineral exploration in the Timmins and Kirkland Lake areas.The “Discover Abitibi” project is a co…
Articles by Northern Miner Staff
TSX-V GREATEST VALUE CHANGE (March 24, 2003)
Volume CloseCloseSilver Std ResV848306.701.21Seabridge ResV319552.76…
LME Warehouse Levels (March 24, 2003)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, March 18 (change from March 11 in brackets):MetalStock(tonnes)ChangeAluminium1274375…
Pacific Minerals tables resource in China (March 24, 2003)
Vancouver — A resource estimate suggests the 217 Gold project in northern China is be amenable to low-cost, open-pit mining, reports Pacific Minerals (PMZ-V).Situated in the autonomous region of Inne…
NYSE GREATEST VALUE CHANGE (March 24, 2003)
VolumeCloseChangeRio Tinto*N14470081.862.56Phelps Dodge*N201070033.99…
Lakota clears title on Tanzanian property
An agreement with its Australian partners has permitted Lakota Resources (YLA-V) to consolidate its ownership of the Ikina Reefs property in the Lake Victoria area of Tanzania.The 25-sq.-km property i…
TSX MOST ACTIVE ISSUES (March 24, 2003)
ExchgVol(000s) High Low Close ChangeTVI PacificT192900.100.070.10+0.01…
Kinross updates Duquesne
Armed with 14 drill holes and re-assayed values from several old holes, Reddick Consulting has updated the inferred resource at Globex Mining’s (GMX-T) 50%-owned Duquesne West gold property in Duparqu…
Major Drilling posts loss
Major Drilling incurred a loss of $400,000 (or 2 per share) on revenue of $38.6 million for its fiscal third quarter, though that’s an improvement over the year-earlier loss of $4 million (37 per sh…
NYSE GREATEST PERCENTAGE CHANGE (March 24, 2003)
Exchg Vol(000s) High Low Close % ChgPechiney*N8013.8012.6013.76+12.33…
Head-scratching
The puzzle ring is an enduring and attractive novelty: gold rings, linked together, that intertwine to form a single complex piece; and a neat symbol for the present gold market.It is a neat symbol be…
St. Jude cuts high-grade gold at South Benso (March 24, 2003)
Vancouver — St. Jude Resources (sjd-v) has discovered a new high-grade gold zone at the South Benso concession in Ghana, West Africa.The discovery hole at the G zone cut 42 metres grading 6.9 grams g…