Aurizon posts loss on improved output
Despite higher gold production and realized prices for the yellow metal, Aurizon Mines (ARZ-T) incurred a loss of $1 million (or 2 per share) during the recent second quarter.By comparison, the compa…
Articles by Northern Miner Staff
Diamonds North finds more kimberlite on Victoria Island
Exploration drilling by Diamonds North Resources (DDN-V) at the Blue Ice property on Victoria Island in Nunavut intersected a new kimberlite target and tested the known Snow Bunting kimberlite before …
Pacific Rim options Cerro Gaspar (August 19, 2002)
Vancouver — Pacific Rim Mining (PMU-V) has inked a deal to earn a 60% interest in the Cerro Gaspar project in northeastern El Salvador from Brett Resources (brn-v).The company can do so by spending U…
JML to test Marten River
JML Resources (JJJ-V) is preparing for a drill program at its diamond project in northern Ontario.Based on more than 1,800 till samples and the results of a helicopter-borne geophysical survey, JML in…
Northern Miner Indices (August 19, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T23.2%CamecoCCO-T3.2%FalconbridgeFL-T5.2%Freeport BFCX.B-N5.8%GoldcorpG-T4.2%IncoN-T9.2%Meridian GoldMNG-T2.8%Newmont MiningNE…
Exchange Rates (August 19, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateAugust 13August 12August 9August 8August 7US$ in C$1.56581.57401.5723…
The Northern Miner — Small Producers Index (August 19, 2002)
73.71 (+2.34)(Sept. 30/98 = 100)…
SouthernEra expands presence in Bushveld
SouthernEra Resources (SUF-T) and its South African-based partner, Mvelaphanda Resources, are preparing to explore three platinum group metals properties in the Bushveld igneous complex.Dubbed Rooibok…
Knife fight heads to court
Unable to come to terms with the Canadian exploration division of De Beers over the signing of a joint-venture agreement concerning the Knife Lake project in Nunavut, Rhonda (RDM-V) has ended discussi…
Burton named new WGC chief
James Burton will replace Haruko Fukuda as chief executive officer of the London-based World Gold Council. Currently, Burton is CEO of the California Public Employees Retirement System.Burton took ove…
De Beers confirms commitment to Canada
Although its roots are in South Africa, De Beers believes the emphasis given to Canadian diamond exploration is fully justified. Last year, Canada accounted for 40% of the US$73 million the company sp…
Canadian Stock Exchange Indices (August 19, 2002)
DateAugust 13August 12August 9August 8August 7HighLowTSX Composite6528.986571.446645.926612.16…