Campbell finds new zone at Joe Mann
Campbell Resources (CCH-T) reports that five exploration drill holes at the Joe Mann mine in northern Quebec have intersected a gold-bearing quartz vein.The vein runs 1.5-7 metres wide, and four of th…
Articles by Northern Miner Staff
Bema extends zone at Monument Bay
Drilling at the Monument Bay property in northeastern Manitoba has extended a portion of the Twin Lakes gold deposit.Bema Gold (BGO-T), which is earning an interest in the property under an option fro…
DRC drills Afton
Vancouver — DRC Resources (DRC-T) continues to table encouraging results from infill drilling at the Afton copper project, near Kamloops, B.C.The drilling is part of a prefeasibility study, which wil…
Simmons to manage PDAC’s E3 program
The Prospectors & Developers Association of Canada (PDAC) has appointed Barry Simmons as project manager of E3 (Environmental Excellence in Exploration), an online guide to environmental practice in m…
Metallic Ventures advances Nevada projects
Reno-based Metallic Ventures (MVG-T) has had a busy spring furiously drilling two promising deposits on its Goldfield property in southwestern Nevada.The 24-sq.-mile Goldfield property, situated 270 m…
Royal Gold enjoys record quarter
Vancouver — The rising bullion price has prompted the largest U.S.-based precious metals royalty company to top up its till and look for acquisitions.Royal Gold (RGL-T) earned US$2.5 million (or US12…
Arch to buy Triton Coal for US$364 million
Arch Coal (AC-N), the second-largest coal producer in the U.S., has signed an agreement to buy Vulcan Coal Holdings, which owns all of the equity of Triton Coal Company, for $364 million in cash.Trito…
Yandal deadline passes
Newmont Mining has had partial success sorting out the financial problems at its Yandal gold subsidiary in Australia.On March 27, Newmont brashly gave its hedging counterparties and its noteholders at…
Base metals surge as golds fizzle
The Toronto Stock Exchange’s composite index continued its upward climb over the May 28-June 3 report period, ending 95.04 points higher at 6,931.25.The gold index fared poorly despite a surge in pric…
Stillwater rights offering falls through
Vancouver — A private equity fund has withdrawn its US$100-million rights offering for shares in Stillwater Mining (SWC-N), putting the fate of the Montana-based company firmly in the hands of Russia…
Nevada Pacific targets Limousine Butte (June 09, 2003)
Vancouver-based junior Nevada Pacific Gold (NPG-V) is preparing to drill-test the Resurrection Ridge zone on its 40-sq.-km Limousine Butte gold project in east-central Nevada.Resurrection Ridge is one…
Midway cuts more gold in Nevada
Vancouver — Midway Gold (MDW-V) has been focusing its efforts on its namesake gold property in Nevada’s Nye Cty., where it is engaged in a joint venture with Newmont Mining (NEM-N).Midway lies betwee…