Virginia raises $750,000
Virginia Gold Mines (VIA-T) has a fresh $750,000 in its pocket after completing a private placement of 600,000 unit…
Articles by Northern Miner Staff
Trading Summary (July 03, 2002)
A late-day surge fuelled by bargain hunters pushed Toronto Stocks into the black on Wednesday, led by the technolog…
Trading Summary (July 02, 2002)
The real estate subindex was the lone advancer on the Toronto Stock Exchange on Tuesday. The golds couldn’t hold on…
Camafuca gets final approval
Angola’s Council of Ministers has approved the operating agreement for the Camafuca diamond project, 20 km southwes…
MV Kovambo resumes production
About a year and a half after an accident that left the bottom half of its NamSSol mining system some 70 metres bel…
Renard 3 yields larger stones (July 02, 2002)
Having recovered more than 2,500 diamond fragments from what they believe could have been at least two stones great…
Freeport issues Q2 production warning
Heavy rainfall at its Grasberg mine in Irian Jaya, Indonesia, and a delay in accessing higher grade ore has forced…
Ursa Major bats .500 at Shakespeare
Two of four recently sunk holes by Ursa Major Minerals (YMJ-V) on the Shakespeare property west of Sudbury, Ontario…
Daily Metal Prices (July 01, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJune 25June 24June 21June 20June 19Aluminium1325/13…
Golds still have legs: Allan
In a series of reports released in June, Research Capital mining analyst Barry Allan takes a look at the gold sector and concludes it still has room to move higher.First, he examines the relationship …
Micon finds alliances expand reach
Mineral industry consulting firm Micon International has found that non-exclusive alliances, such as the one it announced in late May with poject-management and technology firm Wardrop Engineering (T….
Rubicon boosts Red Lake gold portfolio (July 01, 2002)
Vancouver — Junior Rubicon Minerals (RMX-V) has inked a deal with a two private companies to acquire the McFinley Mine gold project in the prolific Red Lake camp of northwestern Ontario.The company m…