Opawica tests Straw Lake
Opawica Explorations (OPW-T) has raised sufficient funds to begin a preliminary exploration program at the Straw Lake gold property in northwestern Ontario.Opawica can earn 100% interests in five clai…
Articles by Northern Miner Staff
Pasminco eyes mine closures
Vancouver — Having failed to sell its Gordonsville and Clinch Valley lead-zinc mines, Australian-based Pasminco is closing both.Situated in Tennessee, the mines are low-grade operations that have not…
New silver coin law in US
President George W. Bush has signed legislation that creates a new market for domestic silver in government-minted coins.The silver, which will be bought by the U.S. Treasury on the open market, will …
NovaGold beefs up Donlin Creek
Vancouver — An updated resource estimate for the Donlin Creek gold deposit in Alaska has added 4 million oz., most of which are in the Akivik, 400 and Aurora target areas.The new estimate shows nearl…
Slow progress at Noranda’s magnesium plant
Already well behind schedule, Noranda has again postponed startup at its Magnola magnesium plant, near Asbestos in Quebec’s Eastern townships.Commercial production is now expected to commence in the f…
Group seeks to mark Ottawa’s geological sites
Looking to develop public awareness of earth sciences, a group of 25 geoscientists, including three past directors of the Geological Survey of Canada, has started a project to catalogue and preserve i…
BC Government approves Tulsequah
Vancouver — Redcorp Ventures (RDV-V) reports that the Province of British Columbia has granted it’s wholly owned s…
Trading Summary (December 13, 2002)
Gold picked up another US$1.90 in New York to finish the week at US$333 per oz., and helped the Toronto Stock Excha…
Aurizon heads deeper at Casa Berardi
Aurizon Mines (ARZ-T) plans to sell around 5.2 million flow-through shares at $1.35 apiece to raise up to $7 millio…
Nevsun soars on African projects
Vancouver – Riding a surging gold price, junior Nevsun Resources (NSU-T) is wasting no time in advancing its two pr…
Fording delays conversion vote
Faced with a revised takeover bid by the Sherritt Coal Partnership II, Calgary-based coal miner Fording (FDG-T) has…
Bullion busts out Pundits predict 2003 good for gold
Vancouver After flirting with the crucial US$330 per oz level seven times this year, the price of bullion finally…