Articles by Northern Miner Staff

Eritrea, a newly independent African country on the Red Sea, holds solid potential for mineral deposits, according to a report by R. Rumbold et Associes. “Almost the whole of the country consists of P…

Vancouver-listed Republic Goldfields has signed a second letter of intent with the Cuban government to explore and develop a large, 2,100-sq.-km. concession on the eastern side of the island. The conc…

Cobatec, a wholly owned subsidiary of Ego Resources (TSE), will allow Amalgamet Canada to market cobalt products produced at Ego’s recovery plant near Cobalt, Ont. The plant, to come on-stream in the …

An independent feasibility study prepared for Asia Minerals (VSE) by Cominco Engineering Services has firmed up reserves at the QDS project in Shanxi province, northeastern China. The deposit is estim…

It’s official. Kennecott has informed DHK Resources that it intends to extract a 5,000-tonne bulk sample from the Tli Kwi Cho (DO-27) diamond-bearing pipe in the Lac de Gras region of the Northwest Te…

The Colomac gold mine will be re-opened next spring by Royal Oak Mines (TSE), a Canadian gold producer which recently announced plans for its first mineral venture outside North America. The company p…

The price of gold broke out on the downside Sept. 7, shedding more than US$14 per oz. to close at $350.10 on the Commodity Exchange of New York (Comex). Late the next day, the price was holding firm -…

Toronto-based Northfield Minerals (ASE) hopes to raise $600,000 through a private placement of more than 1.3 million units at 47.5 centsper unit. Each unit consists of one share and one warrant. A war…

Ouch! Gold bullion dropped like a stone following the Labour Day holiday weekend, losing US$14.40 per oz. on Sept. 7 and triggering a big selloff in the gold equities. The bullion meltdown and subsequ…

A 1-day, US$14-per-oz. plunge in the price of bullion led to a spate of fear and loathing in the junior gold market. Gold finished the period ended Sept. 7 down, by more than US$20 per oz., at the US$…

Consolidated Heron Resources (CNS:VSE) has changed its name to Fintra Ventures (FVN:VSE) with a consolidation of capital on a 1-new-for-2-old-share basis. The transfer agent is Montreal Trust.

On Oct. 1, the Toronto Stock Exchange will introduce a new benchmark of Canadian market performance — the TSE 100 Index. According to the TSE, the 100 Index is intended mainly to enable institutional…