News

Mining index leads rally for CDNX

Trading on Canada’s junior exchange perked up during the holiday-shortened week. The Canadian Venture Exchange composite index closed the period ended Aug. 7 at 3098.27, up 35.26 points (or 1.1%). The…



Twin cuts pipe at Jackson Inlet

Drilling on the Jackson Inlet property at Baffin Island in Nunavut has uncovered a kimberlite known as Cargo 1.Twin Mining (TWG-T) recovered 83.2 metres of kimberlite from the first hole drilled into …



Kinross improves bottom line

Although still mired in the red, Kinross Gold (K-T) has lessened the load by increasing production and lowering cash costs at all of its primary operations.Losses in the three months ended June 30 tot…



Juniors busy in Ontario

Vancouver-based Tres-Or Resources (TRS-V) has added 837 claims to its existing 900-claim package east of Martin River, in the Sudbury region of Ontario.The properties are believed to be prospective fo…


Christopher James drills copper showing

Kamloops, B.C.-based Christopher James Gold (CJG-V) is set to drill a new high-grade copper showing on its Silver Lake property, 17 km northwest of Little Fort in the same province.A 1-metre-wide zone…


Global warming separate from Kyoto pact

I have found the editorials in The Northern Miner on global warming over the past year or so to be objectionable. I sense a failure to separate the issue of global warming and its causes, on the one h…


Rockinghorse returns micros

A kimberlite discovery by Kennecott Canada Exploration on Tahera’s (TAH-T) Rockinghorse property in Nunavut has yielded a significant number of stones.An aggregate 276-kg sample of core from the disco…


Two new kimberlites found at Ekati

BHP Diamonds has uncovered two additional kimberlite pipes at the Ekati mine property in the Northwest Territories, bringing the total to 138.The latest pipes were discovered during a spring drilling …


‘Rural cleansing’ gets media attention

When the Wall Street Journal lines up hammer and nail to drive home a point, a hard bang or two usually follows. Earlier this summer, the prestigious newspaper hit the nail on the head when it reporte…


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