New Millennium Metals Corporation

Anglo American Platinum, the Western World's largest platinum miner, and partner Pacific North West Capital are among the most active explorers for platinum group metals in the Sudbury region. Above, consultant geologist Scott Jobin-Bevans (left), who manages the pair's River Valley project, refers to a geological map during a site visit.

Sudbury PGM play enters new phase

Though nowhere near last year’s record highs, palladium is still trading at three times the historical range, and that bodes well for a group of companies exploring for platinum-group-metal (PGM) depo…


CDNX starts 2002 on bullish note

Vancouver — Canada’s junior exchange kicked off 2002 with a holiday rally led by junior explorers. The Standard and Poor’s-Canadian Venture Exchange Composite Index jumped 58.1 points, or 5.9%, and c…


Tax-loss selling hampers CDNX

Vancouver — Falling victim to tax-loss selling, Canada’s junior exchange lost ground on heavy volume. The S&P-CDNX composite index closed the week ended Dec. 18 down 21.8 points, or 2.2%, and closed …


Partners expand Agnew Lake property

Partners Pacific North West Capital (PFN-T) and New Millennium Metals (PGM-V) will acquire several more claims in the Agnew Lake intrusion, near Sudbury, Ont.In exchange for 6.5 sq. km, the pair must …


Millennium, PGM join forces at Lac des les

A merger between New Millennium Metals (PGM-V) and Platinum Group Metals (PTG-V) is designed to consolidate the juniors’ land positions in the Lac des les region of northwestern Ontario.The deal, whi…


Golds evade Toronto stock slide

The Toronto gold stocks were higher over the report period Aug. 8-14, picking up substantial gains as the rest of the market declined. The Toronto Stock Exchange’s TSE 300 composite index was down 166…


Program tests Agnew Lake

South African major Anglo American Platinum has approved a $1.2-million budget for the Agnew Lake platinum group metals project in the Sudbury region of Ontario.Agnew Lake is owned by New Millennium M…


PGM search intensifies in Ontario

An increasing interest from the majors and an ongoing price rally are adding momentum to the search for platinum and palladium deposits in northern Ontario. At last count, more than a dozen companies …


New Millennium detects anomalies

Ongoing geophysical surveying in the Lac des les region of northwestern Ontario has identified three induced-polarization anomalies.New Millennium Metals (PGM-V) is carrying out the surveys as part o…



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