Trans Hex tests Villa Barroso
Despite the presence of a reasonable number of large, gem-quality stones, Trans Hex International (THI-V) says commercial grades were not achieved from the processing of gravel samples collected from …
Articles by Northern Miner Staff
Maude Lake busy at Comtois
Montreal-based Maude Lake Exploration (MAU-M) has signed an option agreement with Newmont Mining (NEM-N) that will allow the junior to acquire a 95% interest in a 15-claim property north of, and conti…
Gold Hawk to test Machacala Aurora
Gold Hawk Resources (CGK-M) has raised $216,000 by privately placing 1 million shares priced at 20 apiece with nine investors. Each share includes a warrant entitling the holder to buy another share …
News – 20-AUG-01
Golds evade Toronto stock slide
The Toronto gold stocks were higher over the report period Aug. 8-14, picking up substantial gains as the rest of the market declined. The Toronto Stock Exchange’s TSE 300 composite index was down 166…
Western market loses ground
Vancouver — Canada’s junior exchange posted losses on all indices during the report period ended Aug. 14. The Canadian Venture Exchange composite index lost 17.65 points, or 0.6%, to close at 3,080.6…
EXCHANGE RATES (August 20, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJuly 31July 30July 27July 26July 25US$ in C$…
Gold Funds (August 20, 2001)
Gold Funds as of August 9, 2001Dundee Precious MetalsCentral FundNet Value$13.64$5.14Price$9.60$4.74…
Akrokeri weathers shortfall
Heavy rains at its 85%-owned Bonte mine in Ghana caused a production shortfall for Akrokeri-Ashanti Gold Mines (YAG-V) in the second quarter.Production at the alluvial gold operation slowed to 17,512 …
General Minerals drops Escalones (August 20, 2001)
Vancouver — Denver-based General Minerals (GNM-T) has decided to drop the promising Escalones copper skarn project in Chile, where a large lease payment was due this month.The company failed to find …
Gabriel tables study for Rosia Montana
Gabriel Resources (GBU-T) has announced the completion of a feasibility study of its 80%-owned Rosia Montana gold project in Romania. The study focuses on the potential for developing a large-scale op…
WMC eyes nickel-copper project
Australia’s WMC (WMC-N) is aggressively exploring its Quebec 7 project, situated about 300 km north of Schefferville.An extensive airborne electromagnetic geophysical survey of some 16,000 line km has…