BC election triggers rally on CDNX
The recent election campaign in British Columbia, which left little doubt that the ruling New Democratic Party was headed for oblivion, gave western markets a boost over the report period ended May 15…
Articles by Northern Miner Staff
Teck resumes drilling at White Silver Mountain
A district-wide exploration program completed last year has produced followup targets for Teck (TEK-T) and Minco Mining & Metals (MMM-T) at the White Silver Mountain project in Gansu province, China.T…
Antofagasta chairman chips in properties
Denver — A.A. Luksic, chairman of Antofagasta (ANFGF-Q), has contributed several northern Chilean properties to the London-based copper producer from his privately owned investment firm Mineralinvest…
Ashton Canada put on block
Rio Tinto (RTP-N) is selling its 65.9% stake in Ashton Mining of Canada (ACA-T).The London-based major acquired the controlling block in the Canadian diamond explorer through the US$418-million takeov…
De Beers completes sample
De Beers Canada Exploration has collected additional mini-bulk drill samples from two of the highest-value pipes at the Kennady Lake joint venture in the Northwest Territories. The wholly owned subsid…
Trans Hex digs Barra Grande
Trenching is yielding small but gem-quality diamonds at the Barra Grande property in Brazil’s Minas Gerais state.Earlier this year, Trans Hex International (THI-V) excavated 172 samples from Villa Bar…
PNWC makes grade at River Valley
Vancouver — Junior explorer Pacific North West Capital (PFN-V) continues to expand platinum-palladium mineralization at its River Valley project, near Sudbury, Ont.The 11,000-metre drill program is u…
Gold Fields pays off Tarkwa loan (May 21, 2001)
Denver — Gold Fields (GOLD-Q) has paid off the project loan for the Tarkwa gold mine in Ghana, three years ahead of schedule.The South African company used cash flow from operations, as well as proce…
Goldcorp posts record earnings
On the back of newfound production at the Red Lake mine in northwestern Ontario, Goldcorp (G-T) has posted its best quarterly earnings and cash flow in nearly a decade.Earnings in the three months end…
Eldorado posts loss
Vancouver — Eldorado Gold (ELD-T) slipped into the red during the first quarter as a result of lower overall production. The shortfall is attributed to a change in mining methods at the Sao Bento min…
Starfield hits high grade
Vancouver — The first hole of a 40,000-metre drill program has expanded the high-grade zone at the Ferguson Lake nickel-copper-cobalt-platinum-palladium project in Nunavut.Starfield Resources (SRU-V)…
Aurora insiders exercise warrants
The following insider trading transactions were recently reported in the Ontario Securities Commission’s OSC Bulletin:- Aurora Platinum (ARP-V) — Exploration Capital Partners, owner of more than 10% …