Dynatec riding out downturn
Contract miner Dynatec (DY-T) is finding a silver lining in the dark clouds hanging over the mining industry.Despite the industry downturn, the Richmond Hill, Ont.-based company says it has improved i…
Articles by Northern Miner Staff
Cabribgold options ground
Caribgold Resources (CG-T) has joined the rush to the Lac Rocher area of Quebec, the site of a new nickel discovery, by acquiring 369 claims from a private party.The junior must pay $108,680 immediate…
Lyon Lake completes merger
Lyon Lake Mines (LLL-V) has won final approval for a business combination with Palmer Resources.The consolidated shares of Lyon Lake began trading on the Montreal and Vancouver stock exchanges Feb. 19…
MINING MARKETS & INVESTMENT NEWS – U.S. MARKETS — Dow hits all-time high
The Dow Jones industrial average shot to an all-time high of 9,736.08 points in the middle of the report period ended March 9, only to fall off to finish the week at 9,693.76, up 396.15 points, or 4.3…
Nuinsco resumes drilling — Noranda, Falco pick up ground
The eyes of the junior market are back on Nuinsco Resources (NWI-T) as the company resumes drilling at its Lac Rocher nickel prospect, 100 km northeast of Matagami, Que.Nuinsco has established its cam…
EXPLORATION 1999 — General Minerals drills iron project in Chile
At the Imam iron prospect in central Chile, General Minerals (GNM-T) has begun drilling the first of five holes designed to test a new geological interpretation.The Iman anomaly was first discovered b…
EXPLORATION 1999 — Celtic stakes more Newfoundland ground
Convinced of central Newfoundland’s mineral potential, Celtic Minerals (CME-A) has staked 111 more claims.The Alberta-based junior already owns varying interests in 10 properties in the region. Six of…
EXPLORATION 1999 — Senior producers bulk up with mega-projects — Antamina, Pascua among properties with large-scale promise
The pressure to expand is prompting senior mining companies to seek out huge, low-cost orebodies that will give them a leg up on their competitors.Around the world, Canadian miners are pumping hundred…
EXPLORATION 1999 – Minco drills beneath Chinese producer — Junior hopes for rapid development at low capital costs
Partners Minco Mining & Metals (MMM-T) and Teck (TEK-T) are encouraged by results from four diamond drill holes on the White Silver Mountain polymetallic project in Gansu, a province in north-central …
EXPLORATION 1999 – Tiberon stakes land package
Having terminated all work programs in Vietnam, Tiberon Minerals (TBR-V) has turned its attention to a newly staked land package in the MacAuley Creek region, 78 km south of Whitehorse, Y.T.The 42-cla…
EXPLORATION 1999 – International Northair undeterred at Venturina project
A first round of drilling on the Venturina gold-silver target in the northern Mexican state of Chihuahua has returned mixed results for International Northair Mines (INM-V).The Vancouver-based junior …
EXPLORATION 1999 – Far West teams with Canarc
An agreement between Far West Mining (FWM-A) and a subsidiary of Canarc Resources (CCM-T) sets the stage for the former to earn half-interests in nine properties in Mexico’s Zacatecas and San Luis Pot…