Northern gold explorers focus on adding bulk
Size matters, especially with regard to gold projects in the Far North. As the yellow metal continues to languish below US$275 per oz., gold explorers in this high-cost environment are focusing on add…
Articles by Northern Miner Staff
Reporting social standards
A global survey by KPMG suggests that mining companies are making good progress in their efforts to become more accountable to external stakeholders, including non-governmental organizations (NGOs).Th…
Lower sales sink Freeport in third quarter
Denver — Lower sales volumes resulted in a third quarter loss for Freeport-McMoRan Copper & Gold (FCX-N). The major incurred a net loss of US$9.2 million (or 6 per share) in the 3-month period ended…
Canabrava replenishes till
A private placement will enable Canabrava Diamond (CNB-V) to buy new properties and finance ongoing exploration at existing ones.Four million units will be issued at 50 apiece. A unit consists of one…
Aquest abandons Anabella
Disappointing drill results on the Anabella gold-antimony project in Guatemala have led Aquest Minerals to cancel its option agreement.The junior says the project does not contain enough ounces to jus…
Exchange Rates (November 27, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateNov. 21Nov. 20Nov. 17Nov. 16Nov. 15US$ in C$1.55471.55891.55931.5…
VMS find spurs activity near Merritt
Vancouver — The discovery of volcanogenic massive sulphide (VMS) mineralization along the busy Coquihalla Highway near Merritt, B.C., has sparked a staking rush in the province’s Okanagan region.”It …
Canadian Zinc tackles Prairie Creek
Under the direction of new management, Canadian Zinc (CZN-T) is stepping up its attempts to advance the Prairie Creek project, in the Northwest Territories.The junior company (formerly known as San An…
Zambian Copper belt rebounds
Once a copious producer of copper, Zambia has fallen on hard times of late. In 1999, the country’s output totalled just 260,000 tonnes — a far cry from the historic annual peaks of 700,000 tonnes bet…
RJK, Lenora set to drill Stares
Geophysical surveys, surface prospecting and trenching have outlined a target area for drilling at the Stares zinc-copper property, west of Thunder Bay, Ont.Partners RJK Explorations (RJX.A-V) and Gre…
Ntotoroso resource grows
Drilling by partners Moydow Mines International (MOY-T) and Normandy Mining (NDY-T) at their Ntotoroso gold property in western Ghana has expanded the resource beyond 2 million oz.Resources now stand …
The 12% Superfund
In his book Earth in the Balance, Al Gore takes credit for his role in establishing the Superfund program, administered by the U.S. Environmental Protection Agency (EPA). During the election campaign,…