Crew Development tables Nalunaq Feasibility
Vancouver — Crew Development (CRU-T) has tabled the feasibility study of its Nalunaq gold deposit in Greenland wh…
Articles by Northern Miner Staff
Ventersdorp nears full steam
Partners Etruscan Resources (EET-T) and Mountain Lake Resources (MOA-V) have inked a $1 million loan agreement with…
Cancor eyes consolidated Turgeon
Cancor Mines (KCR-T) has agreed to acquire Aur Resources’s (AUR-T) 49% stake in the Turgeon polymetallic project in…
Trans Hex sails for De Beers
Trans Hex Group’s Mv Ivan Prinsep has returned to Namibia’s coastal waters after weighing anchor from a joint ventu…
NAP’s Q2 earnings unchanged from 2001
Higher production in the second quarter translated into more revenue for North American Palladium (PDL-T), but earnings were little-changed from the corresponding period of 2001.NAP pocketed $7.5 mill…
Exchange Rates (September 02, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateAug. 27Aug. 26Aug. 23Aug. 22Aug. 21US$ in C$1.55201.55711.55581.5…
Overproduction hurts mining
“Mining faces some of the most difficult challenges of any industry and is distrusted by many . . .” (T.N.M., Facts ‘n’ Figures, July 29-Aug. 4, 2002). In fact, the boot is on the other foot.The minin…
SouthernEra takes Messina to the bank (September 02, 2002)
A bankable feasibility study of the Phase 2 project on the Doornvlei property at the Messina platinum group metals (PGM) mine in South Africa, has come back positive for SouthernEra Resources (SUF-T)….
LME Warehouse Levels (September 02, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, August 27 (change from August 20 in brackets):MetalStock (tonnes)ChangeAluminium1293775…
Base metals benefit from modest recovery in US equities
The pressure on metals prices lifted over the report period Aug. 19-23, thanks to a more positive tone in U.S. equity markets. The recent signs of stabilization in metals are not surprising given the …
Pele finds small stones (September 02, 2002)
Pele Mountain Resources (YPN-V) has uncovered more than 20 volcanic units in a 9-sq.-km area of the Festival property, near Wawa, Ont.The intermittently outcropping units reach widths of up to 100 met…
Int’l Minerals picks up Peruvian property
International Minerals (IMZ-T) has signed an option deal to take on a property in southern Peru.The property, Pallancata, is 240 km southeast of Ayacucho in an area of Tertiary-aged volcanic rocks. Th…