Articles by Northern Miner Staff

The Toronto Stock Exchange 300 index lost 95.45 points in the report period Jan. 20-26, to end the week at 6,663.45.The gold and precious metals sub-index offered little help to the broad market, plum…

The reserve figure quoted for the Glimmer mine in our Jan. 18 issue was incorrect. The mine, situated in northeastern Ontario, has reserves of 1.3 million tonnes grading 10.3 grams gold per tonne, plu…

Rayrock Resources (RAY-T) has accepted a merger bid by Glamis Gold (GLG-T) and left Viceroy Resource (VOY-T) in possession of a $2-million break-up fee.Under the new agreement, which has yet…

A US$3.5-million loan from a South African bank will enable Etruscan Resources (EET-T) to complete a feasibility study at its Samira gold project in Niger.The study, which was begun in September 1998,…

In order to focus on more advanced projects, London-based Reunion Mining is engaged in negotiations to sell its gold exploration projects in Zimbabwe.The company recently closed its exploration office…

A 3.2-metre drill intersection grading 10.8% nickel has sparked a lively land play in the Lac Evans area, about 120 km northeast of Matagami, Que. Nuinsco Resources (NWI-T) reported on Jan. 20 that a …

The Orapa mine in Botswana is in the midst of a US$400-million expansion project aimed at boosting annual production to 12 million carats. Consequently, the mine life will be halved to 30 from 60 year…

Among the ranks of Canada’s diamond producers, one company often overlooked is Montreal-based Nora Exploration (NXI-M), which is mining the rich beach deposits found along the coast of Namibia in sout…