DiamondWorks resumes work
In Sierra Leone, DiamondWorks (DMW-T) has resumed exploring the two kimberlite pipes that make up the Koidu project.As a first step, the Vancouver-based company met with government officials to re-con…
News
UK gold auction gives producers a lift
Hammered by poor showings in the industrial products sector, the Toronto Stock Exchange 300 index tumbled 189.63 points over the five trading days to end the July 4-10 period at 7,558.69.Gold dropped …
Partners find more nickel at Tati
An increase in resources at the Tati nickel operations has prompted owners Anglo American (AAUK-Q) and Lionore Mining International (LIM-T) to budget US$1 million for follow-up exploration.Tati compri…
Spot Prices Wed. July 11, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$266.55-$1.05Silver$ 4.26-$0.01Platinum$555.00-$…
Staff Investment Policy (July 16, 2001)
The Northern Miner does not permit any editorial employee to file stories about companies in which the writer owns shares. Editorial employees are also not permitted to take part in initial public off…
Antamina ships first concentrate (July 16, 2001)
The massive new copper mine at Antamina in north-central Peru has shipped its first load of concentrate, putting the project ahead of its scheduled start of commercial production.The Antamina mill, de…
Ross Toms, Part III
“Light up your pipe again, old chum, and sit a while with me;I’ve got to watch the bannock bake — how restful is the air!You’d little think that we were somewhere north of Sixty-three,Though where I …
Gold hangs on as market teeters
Denver — The Dow Jones industrial average fell 472.36 points, or 4.4%, to 10,175.64 in the U.S. holiday-shortened report period ended July 10, amid warnings of poor second-quarter earnings. The Nasda…
NAME CHANGES (July 16, 2001)
Conquistador Resources (CQQ-V) has changed its name to Bandera Gold Ltd. (BGL-V) on a 1-new-for-2-old-share basis.Indo Metals Ltd. (IOM-V) has changed its name to Blue Lagoon Ventur…
CDNX continues summer slump
Vancouver — Only the mining index was able to post a small gain over the report period July 4-10 as all other indices slumped. The Canadian Venture Exchange composite index slid 54.74 points, or 1.7%…
Doublestar eyes Standard Mining (July 16, 2001)
Vancouver — With its market capitalization falling below the listing requirements of the Toronto Stock Exchange, Standard Mining (SDM-T) has agreed to a takeover offer by junior Doublestar Resources …
Companies examine underwater volcanoes
Australian-based Neptune Resources is seeking permission from the New Zealand government to explore for high-grade massive sulphides in the Pacific Ocean.The massive sulphides are associated with hydr…