Fred Johnston
Fred Johnston, former vice-president of exploration for Canamax Exploration, has died. He was 69.Johnston completed his bachelor’s degree in geology at the University of New Brunswick in Saint John an…
Articles by Northern Miner Staff
Idaho Cons. drills at Stillwater
Denver — In search of the JM Reef, Idaho Consolidated Metals (IDO-V) has begun drilling at the Crescent Creek and Iron Creek targets in the Stillwater complex of southwestern Montana. Initially, the …
Globex, partners focus on Quebec Ashton gains ground in NWT
Three junior companies — Aurogin Resources (AUQ-V), Globex Mining Enterprises (GMX-T) and Sparton Resources (SPTN-V) — have acquired 32,000 ha of ground in the Wemindji area of northwestern Q…
TSE Short Positions (June 11, 2001)
Short positions outstanding at May 31, 2001Larger individual positions include:Abitibi-Consolidated 1550553 up 272483; Alcan Inc. 1646690 up 154460; Aur Resources 165744 up 153075;…
Spot Prices Wed. June 6, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$266.95-$6.70Silver$ 4.36-$0.15Platinum$585.00-$…
Exchange Rates (June 11, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJune 5June 4June 1May 31May 30US$ in C$1.53271.53571.53201.5457…
Producer and Dealer Prices (June 11, 2001)
Antimony: Mid-mkt US$1,125/t.Bismuth: Mid-mkt US$3.80/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$11.00-12.75/lb.Copper: Comex July US$0.7615/lb.Indium: I…
Data point to shrinking demand
During the report period May 28-June 1, base metals moved back to test the bottom end of their recent price ranges and, as a result, posted some large declines. Copper, aluminum and nickel all registe…
Delays at Bounty mine hamper Viceroy
Vancouver — A low gold price combined with high operating costs resulted in another quarterly loss for Viceroy Resource (VOY-T) during the three months ended March 31.The company posted a net loss of…
Rockwell drops Pedra Branca
Denver — Rockwell Ventures (RCW-V) has dropped the Pedra Branca platinum-palladium project in northeastern Brazil after drilling failed to return satisfactory results.Rockwell was earning a 60% inter…
Sultan explores Kena gold project GQ
Vancouver-based Sultan Minerals (SUL-V) has launched an exploration program at the Kena gold property, near Nelson in southeastern British Columbia. Work is focused on the Gold Mountain zone discovery…
Thunderbox gets green light
An independent study envisages an open-pit operation employing conventional processing techniques at the Thunderbox gold project in Western Australia. Accordingly, LionOre Mining (LIM-T) and Dalrymple…