Drills spin at St. Jude’s Subriso and Hwini-Butre
Vancouver — St. Jude Resources (SJD-V) has kicked off its fall drilling campaign at its Subriso and Hwini-Butre pr…
Articles by Northern Miner Staff
PFN coasts on River Valley
A fifth phase of drilling has doubled the size of the River Valley palladium deposit in northern Ontario, reports Pacific North West Capital (PFN-T).Combined measured and indicated resources now stand…
Lending Rates (October 28, 2002)
as of 4 pm ET, Oct. 22, 2002(%)Bank of Canada3.00Canadian Prime4.50U.S. Discount1.25U.S. Prime4.75LIBOR US$ 3-month1.84LIBOR US$ 6-month1.84LIBOR US$ 1-year2.01Gold lease 3-month0.34Gold leas…
Laramide offers more shares
Higher demand for its shares has prompted Laramide Resources to increase the size of its private placement to 1.4 million units.A unit remains priced at 15 and still entitles the holder to a share an…
Gold mutual funds top list
U.S. based mutual funds that invest in gold topped the list of U.S. fund performances for the first six months of 2002.The average gold fund rose 50.5% for the period ending June 28, compared with an …
Matamec finds more Sakami gold (October 28, 2002)
Junior Matamec (MAT-V) has found several more gold showings at its Sakami property in the James Bay region of Quebec.In the JR area, 25 of 126 grab samples yielded between 0.1 and 9.6 grams gold per t…
FNX, Dynatec confirm zone at Norman (October 28, 2002)
Infill drilling on the North zone of the Norman nickel-copper deposit, northeast of Sudbury, Ont., has confirmed mineralization at vertical depths of around 165 metres.The program, carried out by part…
Canadian Stock Exchange Indices (October 28, 2002)
DateOct. 22Oct. 21Oct. 18Oct. 17Oct. 16HighLowTSX Composite6291.666362.316326.616274.79…
Sherritt, Ontario Teachers put Fording on notice
Fording, Canada’s largest producer of export coal, took centre-stage in the Oct. 16-22 report period, becoming the latest takeover target of Sherritt International and the Ontario Teacher’s Pension Pl…
Aredor kimberlites reveal more stones (October 28, 2002)
Partners Rio Tinto (RTP-N) and Trivalence Mining (TMI-V) have recovered more diamonds from the Aredor concession in Ghana.Rio, which operates the project, recently sank eight holes into a promising g…
Junior market ends bearish slide
Vancouver — Canada’s junior exchange managed to find a few points while the major bourses rallied over the week ended Oct. 22. The S&P TSX Venture Exchange composite index tacked on 2.33 points, or 0…
OM whacked by UN report
Shares in Cleveland-based cobalt refiner OM Group crashed to a three-and-a-half-year low during the report period following its mention in a UN Security Council report on illegal mining activity in th…