Kenya gives nod to Tiomin’s Kwale
Kenyan approval of the environmental management plan for the Kwale titanium-sands project sent shares in Tiomin Resources (TIO-T) soaring more than 42% in early trading in Toronto on Jan. 21.The appro…
Articles by Northern Miner Staff
Juniors join forces
Juniors St Andrew Goldfields (SAS-T), Royal Victoria Minerals (RVM-V) and United Tex-Sol Mines (UTX.A-V) have taken a cue from their larger peers and decided to merge.The 3-way merger calls…
Pele’s Cristal yields large stone (January 27, 2003)
Lakefield Research has recovered a 0.72-carat diamond from Pele Mountain Resources’ (GEM-V) Cristal occurrence, on the Festival property, near Wawa, Ont.The stone measures 4.42 by 4.28 by 3.58 mm and …
Plexmar raises Otish funds (January 27, 2003)
Plexmar Resources (PLE-T) has raised $457,000 for its Papaskwasti and Discovery diamond properties in Quebec’s Otish Mountains.At Papaskwasti, the junior will begin drilling after it analyzes results …
South Atlantic hot on Swedish targets; Rio Narcea
Drilling will follow relogging and sampling of existing coreVancouver — South Atlantic Ventures (saa-v) has begun exploring for Olympic Dam-style deposits of iron oxide, copper and gold (IOCG) in nor…
First Quantum expands Lonshi resource (January 27, 2003)
An independent resource estimate has added 21% more copper to the Lonshi copper oxide mine in the Democratic Republic of Congo.First Quantum Minerals (FM-T) says the increase reflects a 300-metre exte…
MOST ACTIVE ISSUES, JANUARY 15-21
Please Note: Owing to technical problems, this week’s stock tables are missing the “Change” and “Volume” columns. As a result the “Most Active Issues” and “Greatest Value Traded” tables could not be c…
Namex drills sulphides at Woods Creek (January 27, 2003)
Two holes drilled by Namex Exploration (NME-V) have confirmed the extension of sulphide mineralization beneath the Woods Creek showing in northern Ontario.The showing, which yielded 1.22% copper, 0.95…
Canadian Stock Exchange Indices (January 27, 2003)
DateJan. 21Jan. 20Jan. 17Jan. 16Jan. 15HighLow…
Diavik nears milestone
Construction of the $1.2-billion Diavik diamond mine in the Northerwest Territories is “virtually complete,” report partners Aber Diamond (ABZ-T) and Rio Tinto (RTP-N).The first diamonds are expected …
Canabrava recovers diamonds at Hadley Bay
Junior Canabrava Diamond (CNB-T) has recovered three stones from the Turnstone kimberlite, one of a cluster of ten magnetic anomalies discovered last summer at the Hadley Bay diamond property in the C…
Lending Rates (January 27, 2003)
as of 4 pm ET, Jan. 21, 2003(%)Bank of Canada3.00Canadian Prime4.50U.S. Discount0.75U.S. Fed Funds1.25U.S. Prime4.25LIBOR US$ 3-month1.37LIBOR US$ 6-month1.37LIBOR US$ 1-year1.47Gold lease 3-…