News
Staff Investment Policy (May 14, 2001)
The Northern Miner does not permit any editorial employee to file stories about companies in which the writer owns shares. Editorial employees are also not permitted to take part in initial public off…
PEOPLE (May 14, 2001)
Boulder — John Magee appointed director.IOC — Terry Bowles appointed president and CEO.Patrician — Rocco Guarnaccia appointed director.Perlite Canada — Jacques L…
NAME CHANGES (May 14, 2001)
Fairmile Bold (fla-v) has changed its name to Fairmile Goldtech (fla-v) on a 1-new-for-10-old-share basis.Strathmore Resources (smr-v) has changed its name to Strathmore Minerals…
Band-Ore zeros in on Area E
Band-Ore Resources (BAN-T) has discovered the source of diamondiferous boulders in Area E at its GQ property, near Wawa, Ont.A coarse-grained, xenolith-rich diatreme breccia was discovered within 5 me…
Drilling heats up at LDG
De Beers Canada Exploration has begun drill-testing at least three targets on the LDG (formerly Thor) diamond property in the Northwest Territories.The project covers 500 sq. km near Lac de Gras, abou…
MOST ACTIVE ISSUES, MAY 2-8
ExchgVol(000s)HighLowCloseChangeNew Blue RibV 13737 0.44 0.20 0.34 + 0.14…
San Miguel yields high zinc values in soils
Soil sampling on the wholly owned San Miguel property in central Mexico’s San Luis Potosi state is returning exceptionally strong base metal values for Playfair Mining (PLY-V).All but one of 25 soil s…
Minefinders tests targets
Vancouver — Minefinders (MFL-T) has identified two new gold targets within, and peripheral to, the Malacate caldera system in northern Sonora state, Mexico.Exploration has focused on a 65-sq.-km area…
Noranda reworks Lomas Bayas deal with Falco
The biggest news among Canada’s base metal producers over the May 2-8 report period was the revelation by Noranda that it is shuffling off its stake in the proposed purchase of the Lomas Bayas open-pi…
CDNX continues bull run (May 14, 2001)
Vancouver — Canada’s junior exchange continued its bull run duiring the report period ended May 8, with the mining index leading the pack. The Canadian Venture Exchange composite index tacked on 69.6…
Algeria takes bids for land
The Algerian government is seeking tenders for diamond exploration on a 542,000-km section of land running along the borders of Mali, Mauritania and Morocco and which stretches northeast beyond the ci…