Metal traders run down gold
Gold bugs caught a chill in the first week of October: by the morning of Oct. 7, an ounce of the yellow metal was fetching US$376.20 in London markets, or US$8.30 less than a week earlier. Silver fare…
Articles by Northern Miner Staff
Improved bioleaching
Billions of years before man even dreamed of the golden riches hidden beneath the earth’s surface, naturally occurring microorganisms had been leaching valuable metals out of heaps of mineralized rubb…
Dianor hunts for James Bay diamonds
Radisson, Que. — Dianor Resources (DOR-V) distinguished itself in 2001 by discovering the first diamond in Quebec’s James Bay region and has been following up on that early success with a methodical …
Delta-Kenty geophysics spots new targets (October 13, 2003)
Exploration work at the Delta-Kenty property, about 50 km west of the Raglan nickel mine in the Ungava Peninsula of Quebec, has defined several coincident conductive and magnetic bodies in previously …
News – 13-OCT-03
Ontario’s Liberals will have to earn mining’s respect Laws of gravity
“Gouverner, c’est choisir.”– Franois-Gaston duc de Lvis, governor of New France (1759-1760), misattributed to any number of political cliche-artists since.Lvis was right — to govern is to choose …
People (October 13, 2003)
America Mineral Fields — Bernard Pryor and John Bentley appointed directors.Canabrava — Susy Horna appointed corporate secretary.OntZinc — Peter George appointed senior VP of explorati…
Inmet, Outokumpu rework share deal (October 13, 2003)
Finland’s Outokumpu has raised ;23 million by selling 4 million shares in Inmet Mining (INM-T).The shares were issued to Outokumpu as part of Inmet’s acquisition of the Pyhasalmi copper-zinc mine in F…
S Malartic samples Croinor
South Malartic Exploration (MSU-V) and Richmont Mines (RIC-T) have arranged a custom-milling agreement for a bulk sample from the former’s Croinor gold deposit, about 70 km east of Val d’Or, Que.South…
Junior exchange follows gold trend (October 13, 2003)
Vancouver — A hiccup in the price of bullion kept Canada’s junior exchange from experiencing another week of impressive gains. The S&P-TSX Venture Exchange composite index closed up one tenth of a po…
Afcan tops up till for TJS project
Junior Afcan Mining (AFK-V) has raised $9.4 million by privately placing 40 million units priced at 25 apiece.The units, consisting of a share and half a warrant, are subject to a 4-month hold period…
New Jackson bodies bear stones (October 13, 2003)
Sampling of three areas of frost boil on Twin Mining’s (TWG-T) recently discovered Jackson Inlet kimberlite bodies has proved fruitful.In all, three samples totalling 50.5 kg yielded 13 diamonds, with…