Rubicon adds $3m to coffers
Vancouver — Rubicon Minerals (RMX-V) has raised $3 million through a brokered private placement and will use a portion of the funds to explore its Red Lake properties in northern Ontario.The financin…
Rubicon Minerals Corporation
CDNX slides further into bear country (March 04, 2002)
Vancouver — Canada’s junior exchange lost ground over the week ended Feb. 26. The Standard & Poor’s-CDNX composite index dropped 11.3 points, or 1%, to close at 1105.65.Madison Enterprises was the we…
Samex the volume leader on CDNX
Vancouver — Canada’s junior exchange managed to post a modest gain over the week ended Feb. 12. The Standard & Poor’s-CDNX composite index tacked on 11.54 points, or 1%, to close at 1152.87.Samex Min…
Drills turn at McCuaig (February 11, 2002)
Vancouver — Rubicon Minerals (RMX-V) has kicked off a 3,050-metre drill program on the McCuaig gold project in Red Lake, Ont.The company is targeting a gold-bearing structural zone discovered last ye…
Investment Commentary — Best bets for 2002, Part 2
The Northern Miner asked five market watchers of the junior mining and exploration sector to offer recommendations and opinions for the year ahead. In the previous issue, we heard from John Kaiser of …
Rubicon expands Red Lake gold portfolio
Junior Rubicon Minerals (RMX-V) has signed an agreement with a private company to acquire the McFinley gold project in the Red Lake camp of northwestern Ontario.The Vancouver-based company must pay $8…
AngloGold sweetens bid, offers Barrick indirect role (January 07, 2002)
A proposed alliance with Barrick Gold (ABX-T) has provided AngloGold (AU-N) enough elbow room to raise its bid for Normandy Mining (NDY-T).The South African miner is now offering A30 per sh…
Grab samples augur well for Freewest in New Brunswick
Sackville, N.B. — Freewest Resources Canada (FWR-V) has discovered gold-bearing boulders and frost-heaved sub-crop within a prominent, multi-element glacial till anomaly at the Clarence Stream proper…
Placer cuts Madsen updip
Drilling by Placer Dome (PDG-T) at Claude Resources (CRJ-T) has intersected four zones of gold mineralization at the historic Madsen mine in Ontario’s Red Lake camp.The effort was aimed at testing for…
CDNX breaks 3000 mark
Vancouver — Canada’s junior exchange posted gains on all fronts over the report period ended Nov. 13. The Canadian Venture Exchange composite index tacked on 66.11 points, or 2.24%, to finish the wee…
Maude Lake drills Comtois
Montreal-based Maude Lake Exploration (MAU-M) has started a 4,000-metre drilling program at its 50%-held Comtois property near Lebel-sur-Quvillon, Que.The program is aimed at increasing resources in …
Freewest resumes work in NB
A second round of drilling is under way on the Clarence Stream gold property in southwestern New Brunswick.Freewest Resources Canada (FWR-M) ended a first pass of drilling in April after completing 3,…