Drilling expands La Fortuna (April 08, 2002)
Drilling on Metallica Resources’ (MR-T) El Morro copper-gold project in Chile, has extended the main La Fortuna dep…
Articles by Northern Miner Staff
Scorpio tables Candelaria results (April 08, 2002)
Vancouver — Scorpio Mining (SPM-V) has tabled a final compilation of all drill results from surface and undergroun…
Dianor plans precious and base metal spinoff
Laval-based junior Dianor Resources (DOR-V) plan to spin off a new exploration company focussed on precious and bas…
PEOPLE (April 08, 2002)
Asia Pacific — John Bovard appointed CEO.Barker — Christopher Wild appointed exploration manager.Diamonds North — Mark Kolebaba appointed president.Dynatec — Bru…
Hecla gets lease at El Callao Block B
Already active in eastern Venezuela, Hecla Mining (HL-M) has received notice from Venezuelan state enterprise Corporacion Venezolana de Guayana (CVG) that it has been awarded an 18-sq.-km lease in the…
Vueltas reserves halved
Reserves at the Vueltas del Rio mine in Honduras have been more than halved, following an independent review.Geomaque Explorations (GEO-T) reports that the amount of minable material in the proven and…
Gold Funds (April 08, 2002)
April 1, 2002March 28 2002Dundee Precious MetalsCentral FundNet Value$20.99$5.88Price…
Northern Crown eyes Abitibi (April 08, 2002)
Vancouver — Northern Crown Mines (CXP-V) has inked a deal with Teck Cominco (TEK-T) to earn an 80% stake in the Amos gold-base metal property in Quebec’s Abitibi greenstone belt.Situated 70 km north …
BHP Billiton gives MAC the nod (April 08, 2002)
BHP Billiton (BHP-N) has approved a US$564-million plan to develop an iron ore mine at its 85%-owned Mining Area C and expand its Port Hedland port-rail facilities. Both sites are in Western Australia…
Aurizon raises $5 million for Casa Berardi work
Aurizon Mines (ARZ-T) has arranged an offering that will raise $5 million for exploration work at the Casa Berardi gold deposit, 95 km north of La Sarre in northwestern Quebec.The offering, being made…
Northern Miner Indices (April 08, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)BarrickABX-T21.9%CamecoCCO-T3.6%FalconbridgeFL-T4.7%Freeport BFCX.B-N5.7%GoldcorpG-T3.2%IncoN-T7.9%Meridian GoldMNG-T2.5%Newmont Minin…
Learning from Musselwhite
The Musselwhite gold deposit in northwestern Ontario is on land belonging to First Nations. Dealing with the development concerns of First Nations created an additional challenge for Placer Dome beyon…