Seabridge nabs Red Mountain
Vancouver — Continuing with a corporate philosophy of acquiring advanced gold projects, Seabridge Resources (SEA-V…
Articles by Northern Miner Staff
Gold Fields’ earnings nearly triple (February 04, 2002)
With a weakened South African rand and a month’s production from the recently acquired St Ives and Agnew mines in W…
LionOre cuts new zone at Waterloo
LionOre Mining International (LIM-T) has cut a new zone of nickel sulphide mineralization on the Waterloo prospect,…
Expatriate exits Fox River (February 04, 2002)
Vancouver — The Hunter Dickinson group (HD) will end up with a 15.7% stake in cash-strapped Expatriate Resources (…
Forestry permits delay work at Dairi
Vancouver — International Annax Ventures (IAX-V) reports that delays in the issuance of Forestry operating permits…
Northern Miner Indices (February 04, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T25.5CamecoCO-T4.1FalconbridgeFL-T5.3Franco-Nevada MiningFN-T7.0Freeport McMoRan Cop’r BFCX-N5.7IncoN-T9.2Newmont Mining…
Exchange Rates (February 04, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJan. 29Jan. 28Jan. 25Jan. 24Jan. 16US$ in C$1.59041.61251.60791.6…
GREATEST VALUE TRADED, JANUARY 23-29
ExchgVal($000s)HighLowCloseChangeAlcoa*N62575336.4434.6034.76+0.81…
Higher spending in Quebec
Total exploration and appraisal spending in Quebec in 2001 increased by 15% to reach $119 million in 2001 (this includes $73.7 million in off-minesite spending and $45.2 million in minesite spending),…
Nevada Pacific explores South Carlin
Vancouver — Nevada Pacific Gold (NPG-V) and partner Placer Dome (PDG-T) have begun a first-phase, US$670,000 program aimed at exploring the South Carlin project in Nevada. The project is in the Carli…
NovaGold doubles Donlin Creek resource
Vancouver — NovaGold Resource (NRI-T) has expanded the resource estimate for its Donlin Creek deposit in Alaska.The measured and indicated resource has increased 92% to 4.4 million contained ounces, …
Lonmin pitches tent in Sudbury camp
London-listed Lonmin has inked a deal with Wallbridge Mining (WM-T) to explore several of the company’s magmatic sulphide properties in the Sudbury basin of Ontario.The deal covers 19 projects and cal…