Stronger rand sinks DFI
Shares in marine diamond miner Diamond Fields International (DFI-T) dove 15, or 25%, to 45 in early trading in Toronto on Jan. 26 after the company said it had suspended mining operations off the co…
Articles by Northern Miner Staff
LME Warehouse Levels (February 02, 2004)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 26 (change from Jan. 19 in brackets):MetalStock(tonnes)ChangeAluminium1451950(+1…
Jaguar Mining consolidates Quadrilatero Ferrifero
Belo Horizonte, Brazil — Rarely does a newly listed junior gold company come with 2.5 million oz. already in the ground and an operating team experienced enough to advance them to production.Yet that…
Anglo eyes Cardero ground in Mexico
Vancouver — Cardero Resources (CDU-V) and its joint-venture partner, Anglo American (AAUK-Q), have identified several anomalies following an airborne geophysical survey over their 50,000-sq.-km Alisi…
Anooraq lines up PGM partner in South Africa
Anooraq Resources (ARQ-V) intends to merge its platinum group metal projects in South Africa with those of black empowerment company Pelawan Investments.In return for 91.2 million shares plus $1.7 mil…
St Andrew drives Stock revival
St Andrew Goldfields (SAS-T) has begun dewatering underground workings at the past-producing Stock mine, near Timmins, Ont.During the fall, St Andrew drilled eight surface holes (4,026 metres) to conf…
Defiance makes progress in Mauritania
The government of Mauritania has granted Defiance Mining (DM-T) an exploitation permit for its Tasiast gold project, east of the port of Nouadhibou.The permit is for 312 sq. km surrounding the Tasiast…
Trading Summary – TSX (January 30, 2004)
A US$4-per-oz. rise by gold helped Toronto’s gold stocks regain 3.67 points to end Friday’s trading session at 203.
Meadowbank grows for Cumberland
With some 21,000 metres of diamond drilling under its belt form 2003, Cumberland Resources (CBD-T) has boosted meas…
West African rains dampen Iamgold’s output
All in all, 2003 was a productive year for Iamgold (IMG-T), which cranked out 421,000 attributable ounces at a weig…
Mano River, DiamondWorks fancy Sierra Leone’s diamonds
Sierra Leone’s Ministry of Natural Resources has awarded London-based explorer Mano River Resources (MNO-V) an excl…
Majescor adds ground in Lac de Gras area
Majescor Resources (MAJ-V) has inked a deal to acquire Tyler Resources’ (TYS-V) interests the Carat and Kelsey diam…