Redhawk restructures ZincOx relationship
ZincOx Resources of London has relinquished its right to earn a half-interest in the Remac zinc oxide project in southeastern British Columbia and sold its interest in the Torlon property in Guatemala…
2002
Seabridge lures Noranda to BC
Vancouver — Junior Seabridge Gold (SEA-V) has signed a deal enabling Noranda (NRD-T) to earn a majority stake in the Kerr-Sulphside gold-copper project in northern British Columbia.Under the agreemen…
Aussie success drives LionOre’s growth
Perth, Australia — The last couple of years have been stellar ones for LionOre Mining International (LIM-T). Through timely acquisitions and a string of grassroots discoveries in Western Australia, t…
Potentilla proves a bust
Vancouver — A mini-bulk sample collected from the Potentilla kimberlite on the Kikerk Lake property in Nunavut’s north Slave Craton region has fallen short of expectations.The Kikerk Lake property is…
Magistral nears production (September 23, 2002)
With about 20,000 tonnes of crushed ore stacked on the leach pad, equal partners Queenstake Resources (QRL-T) and privately owned Midwest Mining have begun leaching operations at the Magistral gold pr…
Newmont to axe Aussie hedge
Australian gold miner Normandy Mining, now living under the banner of Newmont Mining (NEM-N), reports that subsidiary Newmont NFM will have eliminated its hedge book by early 2003.Since the end of 200…
Southwestern expands in China
An agreement with a governmental agency has given Southwestern Resources (SWG-T) the right to explore the Boka gold property in the southern province of Yunnan, China.The grant allows Southwestern to …
Tri Origin explores Lachlan fold belt
To many of us, Australia seems a distant and exotic place. But for Tri Origin Exploration (TOE-V), there are many similarities between Australia and Canada which have made the country familiar, making…
The Northern Miner — North American Mining Index (September 23, 2002)
74.64 (-0.63)(Sept. 30/98 = 100)…
Venture exchange bucks downward trend
Vancouver — Despite the major bourses being spooked by profit warnings, Canada’s junior exchange managed to scrape together a few points to buck the trend over the week ended Sept. 17. The TSX Ventur…
The Northern Miner — Small Producers Index (September 23, 2002)
78.83 (+1.59)(Sept. 30/98 = 100)…
War clouds kill gains
The spectre of war sent the major markets south of the border farther south. The Dow Jones Industrial Average and the S&P 500 returned much of the gains gathered in the previous report period. The DJI…