Drill to turn at Wemindji
Vancouver — A series of financings has paved the way for Majescor Resources (MAJ-V) to ramp up exploration at two…
Articles by Northern Miner Staff
New mineralization taking shape at Tulawaka
Recent drilling by Barrick Gold (ABX-T) at the Tulawaka property in northwestern Tanzania indicates mineralized int…
Sultan ties up ground
Vancouver — With a drill rig turning on its Kena gold property, Sultan Minerals (SUL-V) has added two new properti…
Diavik inches toward completion
Construction of Canada’s next diamond mine is 58% complete and remains on schedule for completion in April 2003.London-based Rio Tinto (RTP-N) and Toronto-based Aber Diamond (ABZ-T) are spending a tot…
The benefits of flow-through
Recent market conditions have exacted a further toll on the exploration sector and prevented the new “super” flow-through share program from performing to expectations.Super flow-through shares are a …
Canmine expands cobalt refinery
Canmine Resources is modifying its namesake refinery in Cobalt, Ont., after closing a $6.7-million financing this past summer.A 13,388-sq.-ft. expansion, which will roughly double the size of the plan…
Canyon raises stakes at Briggs
Vancouver — Colorado-based Canyon Resources (CAU-X) has inked a deal with Franco-Nevada Mining (FN-T) to pick up a 2% net smelter royalty (NSR) on the first 175,000 oz. of gold produced from its Brig…
GREATEST VALUE TRADED, SEPT 26-OCT 2
ExchgVal($000s)HighLowCloseChangeAlcoa*N57963431.9528.3031.95+1.91…
Northern Miner Indices (October 08, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T21.0CamecoCO-T3.9FalconbridgeFL-T5.1Franco-Nevada MiningFN-T7.0Freeport McMoRan Cop’r BFCX-N4.8Homestake MiningHM-N7.4I…
Fording, workers settle strike
Members of the United Steelworkers of America Local 7884 have ratified an agreement with Fording Coal that will see increased wages for workers at the mine in Elkford, B.C.Mine workers had been withou…
New reserves found at Sleeping Giant
Underground drilling at the Sleeping Giant mine in northwestern Quebec has led to the discovery of three gold-rich lenses that could extend the mine life by at least two years.Equal owners Cambior (CB…
MOST ACTIVE ISSUES, SEPT. 26-OCT.2
ExchgVol(000s)HighLowCloseChangeAlcoa*N1814131.9528.3031.95+1.91…