Tiberon continues to expand Nui Phao deposit
Vancouver — Assay results from 11 step-out holes have expanded Tiberon Minerals’ (TBR-V) Nui Phao tungsten deposit…
Articles by Northern Miner Staff
De Beers lowers Hearne and 5034 values
De Beers Canada Exploration’s latest modelled revenue-per-carat estimates for the 5034 and Hearne diamond pipes on…
Gabriel lands cash
Gabriel Resources (GBU-T) has raised $34.5 million to advance its 80%-owned Rosia Montana gold project in Romanian…
Trading Summary (December 17, 2001)
News of a multi-billion dollar takeover in the financial sector helped pumped a quiet Toronto Stock Exchange up 89.
Golden Star boosts Bogoso-Prestea resource
After further analysis of existing data, Golden Star Resources (GSC-T) has upped the combined resource estimate at…
Otish rocks diamondiferous (December 17, 2001)
Vancouver — Diamond counts have determined the favourable nature of two kimberlitic bodies in the Otish Mountains…
Bema Gold raises $7 million for Julietta
Vancouver — Bema Gold (BGO-T) has arranged a $7 million financing through Canaccord Capital and Haywood Securitie…
Altius, Barrick seek Carlin-type deposits
Vancouver — Altius Minerals (ALS-V) and Barrick Gold (ABX-T) are jointly exploring Newfoundland’s Botwood Basin for Carlin-type deposits.Barrick stands to earn a 75% interest in six properties by fun…
Wolfden adds to Red Lake portfolio
Wolfden Resources (YWO-V) has added to its land position in the rejuvenated Red Lake mining district of northwestern Ontario by agreeing to take over the Skinner gold project.To acquire the 20.3-sq.-k…
US rate cut spooks northern investors
The biggest news of the Dec. 5-11 report period came from south of the border, where the U.S. Federal Reserve Board knocked another 25 basis points off the federal funds rate, thereby reducing it to i…
CDNX loses ground on new S&P index
Vancouver — The Canadian Venture Exchange launched a new composite index during the week ended Dec. 11. Based on market capitalization, the Standard & Poor’s-CDNX Composite Index is meant to provide …
Daily Metal Prices (December 17, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateDec. 11Dec. 10Dec. 7Dec. 6Dec. 5Aluminium1335/1351.