El Sauzal proves bankable
Vancouver — With the US$121-million takeover of Francisco Gold (FGX-V) under way, Reno-based Glamis Gold (GLG-T) is wasting no time advancing the El Sauzal property in Mexico.In mid-June, Francisco s…
Articles by Northern Miner Staff
Redcorp anticipates green light for Tulsequah Chief
British Columbia’s beleaguered mining industry has had little to cheer about for much of the past decade as exploration dollars dried up and headed south. Advanced-stage development projects have been…
Anglo find propels Aussie explorers
Vancouver — With delineation drilling on the Boyongan prospect outlining what appears to be one of the highest-grade copper-gold porphyry discoveries in recent memory, Australian-listed Greenstone Re…
BM Diamondcorp targets Indonesian alluvials
Seeking success where others have failed, Toronto-based junior BM Diamondcorp (BDI-V) intends to resume mining at the Cempaka alluvial diamond project in Indonesia.Comprising 39 sq. km, the property i…
News – 24-JUN-02
Trading Summary (June 21, 2002)
Toronto stocks ended the week on a sour note with the S&P/TSX Composite Index falling 85.92 points. Just two of the…
Eldorado increases Kisladag resource
Vancouver — After incorporating the results of this year’s drill program Eldorado Gold (ELD-T) has tabled an inter…
Horne sounds force majeure alarm
With workers hitting the picket lines at the Horne copper smelter in Rouyn-Noranda, Quebec, Noranda has declared fo…
Voisey’s Bay deal hits the homestretch
Reuters reports that Newfoundland’s legislature has approved a 30-year deal with Inco (N-T) to develop the Voisey’s…
St Andrew execs take the reigns at UTX (June 21, 2002)
Having recently grabbed a 33% stake in United Tex-Sol Mines (UTX.a-V), Glenn Laing and Julian Kemp, president and C…
Rio Narcea trims hedge book
Financially stronger and bullish on gold, Rio Narcea Gold Mines (RNG-T) has sold all of its call options maturing i…
Trading Summary (June 20, 2002)
With the U.S. dollar hitting a 2-year low against the Euro, gold shot up US$3.10 per oz. to US4322.70 in New York o…