Corriente outlines copper at San Luis
Corriente Resources (CTQ-T) has outlined a high-grade copper target at the San Luis prospect, at the northern end of the Corriente copper belt in southeastern Ecuador.The property hosts well-developed…
Articles by Northern Miner Staff
CDNX continues slide into bear territory
WESTERN MARKETVancouver — Canada’s junior exchange posted losses on all fronts during the report period ended March 20. The composite index of the Canadian Venture Exchange dropped 63.66 points, or 2…
Peruvian company posts polymetallic resource
Denver — Prefeasibility work at the Cerro Lindo property in central Peru has outlined high-grade zinc mineralization for that country’s Minera Milpo.The measured, indicated and inferred resource, cal…
CDNX suspends Birch again
The Canadian Venture Exchange (CDNX) has once again suspended “prairie-gold” explorer Birch Mountain Resources (BMD-V), following a technical audit of its exploration program.The exchange ended Birch’…
Ashanti takes writedown
Denver — Despite higher revenue and record gold production, Ashanti Goldfields (ASL-N) posted a net loss (after exceptional items) for 2000.The low gold price forced the Ghana-based company to reduce…
NAME CHANGES (March 19, 2001)
Econ Ventures Ltd. (EOV-V) has changed its name to Richcor Res. Ltd. (RRS-V) on a 1-new-for-10-old-share basis.Augusta Metals Inc. (AUU-V) has changed its name to Cybercom Systems I…
Santiago to host geochemical symposium
Chile will host the International Geochemical Exploration Symposium (IEGS) in early May, marking the first time the meeting has been held in the country.Among the topics to be covered are: geochemical…
De Beers hires AMEC to help with Snap Lake
De Beers Canada, a subsidiary of De Beers Consolidated Mines, has selected Toronto-based engineering firm AMEC as its construction management partner at the $300-million Snap Lake diamond project in t…
Spot Prices Wed. March 14, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$267.45+$5.90Silver$ 4.45+$0.03Platinum$592.00+$6.00…
Vueltas del Rio pours first gold
Denver — Geomaque Explorations (GEO-T) has poured its first gold bar at the Vueltas del Rio mine in Honduras. Since mining began in December 2000, the company found fewer tonnes at higher grades in t…
Metal Prices (March 19, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateMarch 13March 12March 9March 8March 7Aluminium1505/…
Canadian Stock Exchange Indices (March 19, 2001)
DateMarch 13March 12March 9March 8March 7HighLowTSE 300…