Reed to speak at Ontario Club
Geophysical consultant Laurie Reed will discuss the Selbaie mine at a meeting of the Toronto Geological Discussion Group Oct. 22 at the Ontario Club in Toronto.The mine, situated near Villebois in nor…
Articles by Northern Miner Staff
Royal Gold expands royalty stable Eveolution
Denver-based royalty company Royal Gold (RGL-T) has agreed to take a 93% interest in High Desert Mineral Resources (HDR-V) in return for 1.4 million of its own shares or US$24 million in cash, or a ca…
Local group wins fight against Cogema
A small group consisting of Mennonites and members of First Nations has won its battle to nullify the operating licence of Cogema Resources’ McClean Lake uranium mine in northern Saskatchewan. The fut…
NAME CHANGES (October 07, 2002)
Zen International (ZQP-V) has changed its name to Orca Petroleum (OPI-V) on a 1-new-for-10-old-share basis.Terrastar Resources (TSR-V) has changed its name to Pine Point Mines…
GREATEST VALUE TRADED, SEPT. 25-OCT. 1
ExchgVal($000s)HighLowCloseChangeNewmont Mng*N55367429.2526.3926.88-2.56…
Daily Metal Prices (October 07, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateOct. 1Sept. 30Sept. 27Sept. 26Sept. 25Al Alloy1203/…
Gossan targets Bird River sill
A small drill program by Gossan Resources (GSS-V) is following up prospective platinum-palladium targets in the Bird River sill complex in southeastern Manitoba.The 20.6-sq.-km property, which is divi…
Alcoa bids for Elkem (October 07, 2002)
U.S. aluminum giant Alcoa (AA-N) has initiated a cash tender offer for 3.5 million shares in Norway’s Elkem at 175 Norwegian kroner per share, or about US$26.31 apiece.Alcoa, which currently owns 46.3…
De Beers boosts stake in partner
By exercising 984,000 share purchase warrants at 80 apiece, De Beers Canada Exploration has increased to 6.4% its interest in Mountain Province Diamonds (MPV-T).De Beers acquired the warrants when, i…
Hecla revises ’02 forecasts
With its operations still exceeding expectations, Hecla Mining (HL-N) has once again increased its production forecast for the current year.The Coeur d’Alene, Idaho-based silver miner now expects to h…
Canadian Stock Exchange Indices (October 07, 2002)
DateOct. 1Sept. 30Sept. 27Sept. 26Sept. 25HighLowTSX Composite6218.616180.426111.116179.426165…
Tichegami yields one stone
A second kimberlitic find on the Tichegami property in the Otish Mountains region of Quebec has returned only one microdiamond from 23.1 kg of tested material. The project is shared by Pure Gold Miner…