Articles by Northern Miner Staff

STOCK MARKETS — Tumbling gold price depresses TSE

Over the report period ended March 18, the Toronto Stock Exchange reversed the gains it had made during the previous week, and then some.The TSE Composite 300 index dropped 176.18 points (or 2.8%), cl…


Minefinders stages $15-m financing

A special warrant financing to the tune of $15 million is being arranged by Minefinders (MFL-V).Three investment firms — Nesbitt Burns, Midland Walwyn Capital and HSBC James Capel Canada — will buy …


Homestake studies bio-oxidation process

Homestake Mining (HM-N) and Codelco, the Chilean state-owned mining agency, are studying the feasibility of using bio-oxidation techniques to process refractory material at the Agua de la Falda gold p…


LionOre gobbles gold producer

Former iron ore miner LionOre Mining International (LIM-T) has acquired control of Australian gold producer Forrestania Gold.LionOre presented Forrestania shareholders with two options: one LionOre sh…



Indochina to sell Vietnamese properties

Indochina Goldfields (ING-T) will sell its interests in two adjoining gold exploration prospects in Vietnam to Olympus Pacific Minerals (OYM-V).The sale, worth US$7.5 million in cash and shares, would…



Chivor’s Oriente mine flowing green

Chivor Emerald (CHIV.U-C) has achieved commercial production at its Oriente mine, which lies in the Chivor district of Colombia.The emeralds are being mined from a vein system recently discovered at w…



Profits nosedive for Black Hawk

Despite improved operating results at the Keystone gold mine near Lynn Lake, Man., the writedown of an exploration property left Black Hawk Mining (BHK-T) with a loss of $4.1 million (or 2 cents per s…




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