Canadian Stock Exchange Indices (October 16, 2000)
DateOct. 10Oct. 9Oct. 6Oct. 5Oct. 4HighLowTSE 300…
Articles by Northern Miner Staff
White Knight drills Indian Ranch
A drill program by White Knight Resources (WKR-V) is testing the Indian Ranch gold property on the Cortez trend in Nevada.About 8,000 ft. of drilling in eight holes is planned. The work is being funde…
LME Warehouse Levels (October 09, 2000)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Oct. 3/00 (change from Sept. 26 in brackets):MetalStock(tonnes)Change…
Altius more than a blip on Haywood’s radar screen
Newfoundland is proving to be a favoured hunting ground for junior companies searching for stand-alone gold projects or base metal deposits that might attract the interest of majors. Mining analyst Ja…
Too far, too fast?
The report period Sept 25-29 saw a retracement for metals prices from their recent highs. Funds are still the main supplier of volume to the base metals markets and, despite further declines in London…
Iamgold to drill six properties
Though best known for its 38% stake in the Sadiola Hill mine in Mali, Iamgold (IMG-T) is making a name for itself on the exploration scene. In addition to mine-site exploration, the globe-trotting com…
‘Prairie gold’ becomes ‘natural nanoparticulate metal’
After spending $15 million, including $2.7 million raised earlier this year, Birch Mountain Resources (BMD-V) has precious little to show for its pursuit of “prairie gold” at its land package in the A…
Champion funds work
Junior Champion Resources (CHL-V) has increased a private placement by 400,000 units to 2.4 million units.Each unit will consist of one share and one share purchase warrant exercisable over two years….
Aurora Platinum buys property
Aurora Platinum (ARP-V) plans to acquire the McDonough platinum-palladium property, 12 km north of Red Lake, Ont.The property hosts a poorly exposed gabbro with a strike length of 9 km, as defined by …
Cambior fights for survival
With creditors breathing down its neck, Cambior (CBJ-T) has been granted a one-month extension to turn in a plan outlining how it will repay or refinance the balance of its bank loan by the end of thi…
Partners find high grade beneath low grade
A hole drilled by Normandy Mining (NDY-T) at the advanced Ntotoroso gold property in Ghana suggests the presence of higher-grade tonnage beyond the current pit outline.Situated near Kumasi, in the cou…
Bema closes financing for Julietta project
Through its 79%-owned Russian subsidiary, Bema Gold (BGO-T) has closed a US$35-million financing agreement for the construction of the Julietta mine in that country’s far eastern region.The financing …