Partners extend B20 program (April 15, 2002)
Joint venture partners Appalaches Resources (APP-V) and Marum Resources (MMU-V) are planning on extending an ongoin…
News
Battle for Lihir begins
Placer Dome (PDG-T) and South African giant AngloGold (AU-N) have already been named as possible combatants in the battle for the Lihir gold mine on the island of the same name, northeast of mainland …
The Northern Miner — Small Producers Index (April 15, 2002)
77.35 (-6.76)(Sept. 30/98 = 100)…
Canabrava, Navigator resume drilling Kat
Canabrava Diamond (CNB-V) and Navigator Exploration (NVR-V) have returned to the Attawapiskat area of northern Ontario to drill-test a kimberlite target on their jointly held Kat project.The target si…
Ashton, Soquem do Foxtrot
Partners Ashton Mining of Canada (ACA-T) and Soquem wrapped up winter drilling on their Foxtrot property in north-central Quebec with the discovery of four kimberlitic bodies, bringing to six the numb…
Ocampo study comes back positive
An independent scoping study has given a hearty thumbs-up to the Ocampo gold-silver project, bolstering the determination of Gammon Lake Resources (GAM-T) and its Australian partner to develop a mine….
Fund liquidation takes toll on copper, aluminum
Prices on the London Metal Exchange (LME) were hit hard by fund liquidation during the report period April 2-5, pushing aluminum and copper prices to their lowest levels in more than four weeks. Accor…
Majors suffer as gold drops below US$300
After holding above US$300 per oz. for more than two weeks, the price of gold crashed down through that psychological barrier to end the April 3-9 period down US$6.25 to US$298.70.As a consequence, Ca…
The Old frontier
There has been a veritable explosion in international mining over the past ten years, and the scale and variety of projects in modern industrial Europe are showing us that discoveries are not confined…
Anatolia, Rio Tinto size up Cukurdere
Two years after forming a partnership, Anatolia Minerals (YMC.U-V) and Rio Tinto (RTP-N) have outlined a multi-million-ounce gold deposit at their Cukurdere project in eastern Turkey.Cukurdere is one …
La Motte uneconomic: Soquem
We read with great interest your article on Raymor Industries (T.N.M., March 11-17). While very interesting, the article stated that a prefeasibility study funded by Soquem on the La Motte property, h…
Rally ends as gold price slips
A 3-week rally by U.S. gold producers was abruptly halted during the April 3-9 report period, as bullion prices took a strong turn for the worse.In London, spot gold was off US$7.15 from the previous …