Leadville options Mexican gold deposit
Denver — Junior Leadville Mining & Milling (LMMI-O) has signed a letter of intent to acquire the El Chanate gold property in Sonora state, Mexico, from a subsidiary of AngloGold (AU-N).The junior has…
Articles by Northern Miner Staff
Cambior converts loan to shares
Jipangu, a private Japanese investment company oriented toward the gold sector, has agreed to subscribe to a private placement of 15 million common shares of Cambior (CBJ-T) priced at US42 each, or U…
Group saves historic core samples from McIntyre
The mine buildings belonging to the now-defunct McIntyre gold mine, near Timmins, Ont., which produced 10.8 million oz. of gold over its 76-year life, will succumb to the wrecker’s ball over the next …
TSE Short Positions (January 01, 2001)
Short positions outstanding at December 15, 2000Abitibi-Consolidated Inc. 230,159 up 149,243; Alcan Aluminium Ltd. 295,734 up 206,780; Ameridian Ventures Inc. 100,500 up 100,500; An…
Harmony Gold expands with two deals
Denver — When Harmony Gold Mining (HGMCY-Q) says it grows through acquisition, it is not a statement to be taken lightly. In the past five years, the company has made 14 such deals, and now it intend…
Emily Ann to go ahead
Australian-listed LionOre Nickel, a 75%-owned subsidiary of LionOre Mining International (LIM-T), says it will develop its wholly owned Emily Ann nickel sulphide project when it has completed formal d…
DRC letter unofficial: president
This letter is in regard to the letter to the editor titled “DRC insists Afton economic” (T.N.M., Dec. 4/00). The letter was submitted by Steven Lightburn [advisor to DRC] as his personal opinion of t…
Nevada deemed most eligible, again
For the second consecutive year, Nevada has been rated the most attractive jurisdiction for mining-related investment worldwide, according to the The Fraser Institute’s annual survey of mining compani…
Trivalence lures Rio Tinto to Aredor project in Guinea
Trivalence Mining (TMI-V) has signed a letter-of-intent agreement with London-based Rio Tinto (RTP-N) granting that company a right to acquire a 58% stake in the Aredor kimberlite project in Guinea.Ri…
Report aims to improve mine safety
A new independent report is expected to bolster health and safety in Ontario’s mines.Titled The Internal Responsibility System in Ontario Mines, the report calls for a unified approach to improving he…
PolyMet tables drill results
Denver — PolyMet Mining (POM-V) has released further drill results that demonstrate continuity of mineralization at the NorthMet polymetallic project in northern Minnesota.The last five holes were dr…
Silver Standard extends Bowdens
Vancouver — A newly completed 16 hole reverse circulation drill program by Silver Standard Resources (SSO-V) has expanded the outline of silver mineralization at its wholly-owned Bowdens property in …