Partners drill River Valley (June 17, 2002)
Vancouver — Mustang Minerals (YMU-V) and Impala Platinum Holdings (Implats) have released more drill results from…
Articles by Northern Miner Staff
Tri Origin, Triako encouraged down under
An initial round of drilling by Sydney, Australia-based Triako Resources on Tri Origin Exploration’s (TOE-V) Overfl…
Patrician joins Commander and Ascot in Nunavut
A letter of agreement with Diamonds North Resources, a subsidiary of Commander Resources (CMD-V) (formerly Major Ge…
Black Swan explores Brazil
The first phase of drilling is under way on claims held by Black Swan Resources (BSW-T) along the Santo Antonio do Bonito River in Brazil. The drilling, in conjunction with a program of geophysical su…
Falco fined for foul effluent (June 17, 2002)
Falconbridge has been fined $16,000 by the Ontario Court of Justice after pleading guilty to four counts of failing to comply with the Environmental Protection Act.The charges stem from the discharge …
Twin heads back to Jackson Inlet
Twin Mining (TWG-T) has approved a $1.7-million first phase of exploration for the Jackson Inlet diamond property in Nunavut.The program will include ground magnetometer surveying, soil sampling, grav…
Dumont nixes work at Attawapiskat
Dumont Nickel (DNI-V) has suspended exploration drilling on its 235-sq.-km land package in the Attawapiskat region of northern Ontario after failing to encounter any kimberlite in the first two target…
Manitoba kimberlites prove elusive
Vancouver — A 1999 report by the Manitoba Geological Survey which showed that the province is geologically prospective for hosting diamond occurrences sparked a staking rush in the Superior craton. H…
New bedrock exposures expand Wawa diamond play
Diamond exploration in Ontario has had several false starts since speculation about the origin of gems in glacial drift south of the Great Lakes led explorers to the province more than a century ago.L…
Diamond Fields posts earnings (June 17, 2002)
During the quarter ended March 31, Diamond Fields International (DFI-T) reported net income for the first time.The company earned $69,912 for the 3-month period, compared with a net loss of $1.1 milli…
Lending Rates (June 17, 2002)
as of 4 pm ET, June 11, 2002(%)Bank of Canada2.75Canadian Prime4.25U.S. Discount1.25U.S. Prime4.75LIBOR US$ 3-month1.89LIBOR US$ 6-month2.03LIBOR US$ 1-year2.51Gold lease 3-month0.39Gold leas…
Juniors expand South African diamond play
Partners Etruscan Resources (EET-T) and Mountain Lake Resources (MOA-V) have inked letters of intent to acquire three more alluvial diamond properties in the Ventersdorp district of South Africa.The f…