Imperial Metals cuts high grade at Sterling (August 13, 2002)
Vancouver–Imperial Metals (III-V) has released high grade assay results from the first three holes drilled in its…
Articles by Northern Miner Staff
Russian gold raises High River (August 13, 2002)
Near record production from the 50%-owned New Britannia Mine in Manitoba and an increased stake in Russian gold min…
AurionGold eyes higher profit, Placer ups its stake
With a bull’s-eye on its chest AurionGold has reported a net profit of A$63.2 million (or 20 per fully diluted sha…
Pacific Rim options Cerro Gaspar (August 13, 2002)
Vancouver — Pacific Rim Mining (PMU-V) has inked a deal with Brett Resources (BRN-V) on the Cerro Gaspar project,…
Drills turn at Poste Lemoyne (August 13, 2002)
Equal partners Virginia Gold Mines (VIA-T) and TWG Corp. (GWC-V) have begun a 19-hole drilling campaign on their Po…
Boundary battle heads to arbitration
After a failed takeover attempt, Canadian Royalties (CZZ-V) is headed to arbitration with Ungava Minerals (UNGV-CUB…
Knife fight headed to court
Failing to come to an agreement at the 10-sq.-km Knife project in the north Slave Craton region of Nunavut, De Beer…
$5.2 m set for Fort la Corne
Based on the interim results from the 2001 evaluation program, the partners of the 225-sq.-km Fort la Corne joint…
Trading Summary (August 12, 2002)
Toronto stocks opened the week lower and stayed there on Monday as profit-takers lived up to their name. The golds…
St. Jude cuts bonanza grade at South Benso (August 12, 2002)
Vancouver — St. Jude Resources (SJD-V) and Montreal-based Fairstar Explorations (FFR-T) have cut bonanza-grade drill intersections at their jointly held South Benso concession in Ghana, West Africa.D…
Ekati turns in strong performance
In the Lac de Gras area of the Northwest Territories, some 300 km northeast of Yellowknife, Canada’s lone diamond mine churned out 4.56 million carats of stones for the fiscal year ended June 30, 2002…
Business or stock play?
Last week we argued that stock-based compensation did a poor job of aligning management’s interests with those of the shareholders. The question of accounting for the cost of option plans, while it is…