News

Linear takes on MIM projects (November 10, 2003)

Linear Resources (LRR-V) has closed its acquisition of Australian miner MIM’s Central American exploration projects, giving the Halifax-based explorer a presence in Mexico, Panama and the Dominican Re…


Review may urge World Bank to halt mining finance

A report now being prepared by an outside review committee will recommend significant changes to the way World Bank agencies fund projects in the resource industries, The Northern Miner has learned.Th…


Aurelian aims drills at Condor

Vancouver — Aurelian Resources (ARU-V) has launched a 1,500-metre drill program at the Condor gold project in southeastern Ecuador.The junior is currently testing the vertical extent of mineralizatio…


Comtois drilling cuts gold zones (November 10, 2003)

Exploration drilling around known mineralization at the Comtois gold deposit in northwestern Quebec has intersected significant grades.The drill program, operated by Maude Lake Mines (MAU-V) and finan…



Alcoa cited by Hungarian mag

A Hungarian business magazine has given its “corporate citizenship” award to the Alcoa-Kofem fabricated aluminum plant in Szekesfehervar for its work in the local community.Figyelo magazine commends A…


Most Russians survive ordeal

Eleven of the 13 men trapped in a flooded mine in southern Russian have survived the 6-day ordeal. Of the two remaining miners: one has died, and the other is missing.As many as 800 rescuers dug throu…


From cook to crazy

The following is the second of three excerpts from Quin Kola: Tom Payne’s Search for Gold. The book is published by Crossfield Publishing in Okotoks, Alta. Copies are available for $25 at CSPG.org or …



bcMetals banks $5m for Red Chris project

Vancouver — In the midst of an aggressive drill campaign at the historic Red Chris copper-gold project in northwestern British Columbia, bcMetals (C-V) has added $5.25 million to its coffers through …


Barrick buys into QGX (November 10, 2003)

Barrick Gold is joining the Mongolian gold rush by acquiring a 9.5% interest in Waterdown, Ont.-based junior QGX (QGX-V).The major has signed on for 3 million QGX shares priced at $4 apiece, a hefty d…


Junior exchange soars to new highs

Vancouver — Canada’s junior exchange surged forward over the week ended Nov. 4 as resource stocks continued to spark investor interest. The S&P-TSX Venture Exchange composite index rose 92.8 points, …


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