Claude aims drills at Porky (May 19, 2003)
Followup drilling by Claude Resources (CRJ-T) on the Currie Rose property, 2 km north of its Seabee mine in northern Saskatchewan, has confirmed the continuity of the West Porky gold zone and also unc…
Articles by Northern Miner Staff
Technical sessions dominate CIM convention
Montreal, Que. — The technical sessions at the recent convention of the Canadian Institute of Mining, Metallurgy and Petroleum began with a 2-day symposium on the country’s iron ore industry, which h…
Southwestern cuts more gold at Boka (May 19, 2003)
Vancouver — Southwestern Resources (SWG-T) has tabled further encouraging results from the Boka gold project in the southern Chinese province of Yunnan.The latest drilling was focused on the area kno…
Editorial Cartoon (May 19, 2003)
Consolidation affects exploration
You don’t need hyperspectral imaging or the latest in magnetotellurics to figure out that the impact of consolidation on exploration has been substantial. The last half-decade has been one of the hars…
Shareholders may not want to be subordinate Control freaks
Annual meeting season has seen some of its usual theatrics and high jinks this year, but one theme has popped up in several places: shareholders, especially large ones, are tired of capital structures…
Anglo, Gold Fields reject mediation offer
Anglo American and Gold Fields have rebuffed an offer by Anglican Archbishop Ndungane Njongonkulu to mediate in a lawsuit against the companies for alleged human rights abuses during apartheid.Anglo a…
Kinross axes 75 jobs at Lupin
Kinross Gold says it will lay off 75 workers at the Lupin gold mine, 80 km south of the Arctic Circle in Nunavut.The miner posted a US$13.3-million loss in the recent quarter and says the layoffs woul…
Canadian Stock Exchange Indices (May 19, 2003)
DateMay 13May 12May 9May 8May 7HighLowTSX Composite6702.916717.506650.036620.776…
Miners have volatile week
U.S. stock markets advanced modestly over the five trading days May 7-13, with the Standard & Poor’s 500 index up 7.91 points at 942.30 and the Dow Jones industrial average 90.89 points higher at 8,67…
Cambior trims Q1 loss, hedge book
A higher realized gold price enabled Cambior (CBJ-T) to reduce its loss for the first quarter of 2003, compared with the corresponding period last year.The loss amounted to US$2.3 million (or a penny …
Apollo Gold goes batty
Florida Canyon Mines, a subsidiary of Denver, Colo.-based Apollo Gold, has joined forces with the Nevada Division of Wildlife (NDOW), the Bureau of Land Management (BLM), and Bat Conservation Internat…