BeMaX eyes Pooncarie
Australian-based BeMaX Resources has reached a deal to buy Sons of Gwalia’s 25% stake in the BIP joint venture, which controls extensive tenements in the Northern Murray Basin in New South Wales, Aust…
Articles by Northern Miner Staff
Exchange Rates (September 23, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateSept. 17Sept. 16Sept. 13Sept. 12Sept. 11US$ in C$1.57921.58251.5857…
Echo Bay restates to a loss (September 23, 2002)
Edmonton-based gold and silver miner Echo Bay Mines (ECO-T) has restated its second-quarter, per-share results to reflect a loss related to an April share offering.Under the new accounting handling, E…
Friedland leading the charge in the land of Genghis Khan
The discovery by Ivanhoe Mines (IVN-T) of the world class copper-gold bearing porphyry system at Turquoise Hill in Mongolia’s remote South Gobi region highlights the untapped mineral exploration poten…
Nickel laterites fail to live up to early promise
The pioneers of Australia’s nickel laterite industry set the bar way too high. Just three years ago, they were the stars of the nickel business, determined to lower the industry cost curve and revolut…
Potentilla proves a bust
Vancouver — A mini-bulk sample collected from the Potentilla kimberlite on the Kikerk Lake property in Nunavut’s north Slave Craton region has fallen short of expectations.The Kikerk Lake property is…
Magistral nears production (September 23, 2002)
With about 20,000 tonnes of crushed ore stacked on the leach pad, equal partners Queenstake Resources (QRL-T) and privately owned Midwest Mining have begun leaching operations at the Magistral gold pr…
Southwestern expands in China
An agreement with a governmental agency has given Southwestern Resources (SWG-T) the right to explore the Boka gold property in the southern province of Yunnan, China.The grant allows Southwestern to …
Tri Origin explores Lachlan fold belt
To many of us, Australia seems a distant and exotic place. But for Tri Origin Exploration (TOE-V), there are many similarities between Australia and Canada which have made the country familiar, making…
The Northern Miner — North American Mining Index (September 23, 2002)
74.64 (-0.63)(Sept. 30/98 = 100)…
Venture exchange bucks downward trend
Vancouver — Despite the major bourses being spooked by profit warnings, Canada’s junior exchange managed to scrape together a few points to buck the trend over the week ended Sept. 17. The TSX Ventur…
The Northern Miner — Small Producers Index (September 23, 2002)
78.83 (+1.59)(Sept. 30/98 = 100)…