Gold adds lustre to dull market
Vancouver — Canada’s junior exchange edged forward as investors picked up selective junior stocks over the week ended June 10. The S&P-TSX Venture Exchange composite index added 7.98 points, or 0.73%…
Articles by Northern Miner Staff
Lumina banks on higher copper prices
Vancouver — A few years back, when the price of bullion was touching US$260 per oz., several junior explorers began acquiring gold projects in the belief that prices would soon improve. They did, and…
Platinum demand outstrips supply
Demand for platinum grew 5% to 6.5 million oz. in 2002, driven by strong sales to the Chinese jewelry market and greater use in autocatalysts, according to Platinum 2003, a report by London-based John…
Montreal hosts dam conference
At a symposium on June 15 at the Palais des Congrs de Montral, specialists from the hydraulics and mining industries will exchange ideas on maintenance and environmental issues associated with taili…
Gammon scores at Northeast Ocampo (June 16, 2003)
Gammon Lake Resources (GAM-T) has reported a new gold resource at its wholly owned Northeast Ocampo project in Mexico’s Chihuahua state.The new resource, audited by Pincock Allen & Holt, consists of u…
Strike could affect nickel price
The contract of hourly paid workers at two Inco installations in Ontario is about to expire, and concerns are growing that a strike could send already-high nickel prices through the roof.Members of th…
Globex heads to Honduras
Playing against type, Abitibi explorer Globex Mining Enterprises (GMX-T) has staked a property covering a series of gold showings in the southern department of Valle in Honduras.The property covers a …
Markham vehicle cease-traded
The British Columbia Securities Commission has placed a permanent cease-trade order on the shares of American Gold Mining, which had been promoted by Ronald Markham.Markham, who the commission says is…
Partners test McCreedy’s PM zone (June 16, 2003)
Underground drilling by partners FNX Mining (FNX-T) and Dynatec (DY-T) at the McCreedy West mine in Sudbury, Ont., continues to return high-grade values of copper, platinum, palladium and gold.The lat…
MIM shareholders give Xstrata offer the nod
Shareholders of Australian-based M.I.M. Holdings have approved a A$4.9-billion cash-and-debt takeover offer by Anglo-Swiss rival Xstrata.The world’s fourth-largest coal exporter received the support o…
Nevada Star kicks off geophysics at Man property
Vancouver –Nevada Star Resource (NEV-V) has started a ground geophysical survey on its 100% owned Dunite Hill project in Alaska.The MAN project is situated in east-central Alaska, south of Fairbanks …
Glamis breaks ground at El Sauzal in Mexico
Full-scale construction is under way at Glamis Gold’s (GLG-T) El Sauzal project in Mexico’s Chihuahua state.The change-of-land-use permit authorizing construction and operation of El Sauzal followed t…