Ashton hits apparent kimberlite at Otish
Ashton Mining of Canada (ACA-T) has intersected what appears to be kimberlite in the first hole of a drilling program in the Otish Mountains region of north-central Quebec.A vertical hole drilled into…
Articles by Northern Miner Staff
Market selloff looks ephemeral
The pancake collapse of the towers of the World Trade Center was mimicked by the stock markets of the industrialized world.The panic that gripped the world’s bourses in the week following the terroris…
News – 01-OCT-01
PEOPLE (October 01, 2001)
Atna Res. — James Hesketh appointed director.Iriana Res. — Michael Thirnbeck appointed general manager.Mazarin — Francois Goyette appointed general manager.Nord Pacific…
NAME CHANGES (October 01, 2001)
Icelandic Gold (YCE-V) has changed its name to PGM Ventures (YPG-V) on a 1-new-for-1-old share basiCanada Fluorspar (CFI-V) has changed its name to Continental Ridge Resources…
Correction (October 01, 2001)
In our article “Franco to control Echo Bay in debt deal” (T.N.M., Sept. 17/01), we reported that Echo Bay Mines (ECO-T) would still owe accrued interest on capital securities being converted to shares…
Ivanhoe Mines tops up treasury
With another US$5 million in the till, Ivanhoe Mines (IVN-T) is well-financed to continue exploring for gold and other metals in Southeast Asia.The junior is exploring a gold-copper-molybdenum porphyr…
China and NWMA sign agreement
The Northwest Mining Association (NWMA) and the China National Coal Association (CNCA) have signed a memorandum of understanding at the National Institute of Occupational Safety and Health (NIOSH) in …
US indicators depress prices
Although some metals prices have started to show signs of nervous volatility as prices test new lows, the risks to the downside remain in place.Economic expectations for the performance of the U.S. ec…
Falco, Impala join MacDonald at Casson (October 01, 2001)
MacDonald Mines Exploration (MMP-V) has reached an agreement-in-principal with Falconbridge (FL-T) and Impala Platinum to create a joint venture for the purpose of exploring the Casson Lake pla…
Noranda tables La Fortuna resource
Having inferred a sizable resource, Noranda (NRD-T) has decided to drill an additional 12,000 metres at the El Morro copper-gold project in north-central Chile.Resources in the La Fortuna zone are peg…
Exchange Rates (October 01, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)b>DateSept. 25Sept. 24Sept. 21Sept. 20Sept. 19US$ in C$…