Trading Summary (January 27, 2003)
The techs stocks led the Toronto Stock Exchange 108.38 points lower to 6,556.52 points on Monday. The mining issues…
Articles by Northern Miner Staff
Fire hits Noranda’s Brunswick smelter
Noranda (NRD-T) reports that a weekend fire was contained to the silver refinery at its Brunswick lead smelter in B…
Maggie Hays gets green light (January 27, 2003)
Vancouver – In a move that doubles its nickel production down under, LionOre Mining International (LIM-T) is moving…
Tahera tables Jericho EIS (January 27, 2003)
Shares in Tahera (TAH-T) were trading nearly 7% higher in afternoon trade in Toronto on Jan. 27, after the company…
Renard 2 potential confirmed
The latest 2.5-tonne sample from the Renard 2 pipe has yielded 1.62 carats of diamonds greater than 0.85 mm in diam…
DFI to reassess Marshall Fork
Having recently resumed diamond production from the Marshall Forks area of its Luderitz offshore diamond concession…
A sweet week for golds
Gold bugs were delighted over the holiday-shortened report period as prices for the yellow metal surged more than US$7 to a new, 6-year high of almost US$360 per oz.Gold has been on a steady march upw…
Kenya gives nod to Tiomin’s Kwale
Kenyan approval of the environmental management plan for the Kwale titanium-sands project sent shares in Tiomin Resources (TIO-T) soaring more than 42% in early trading in Toronto on Jan. 21.The appro…
Juniors join forces
Juniors St Andrew Goldfields (SAS-T), Royal Victoria Minerals (RVM-V) and United Tex-Sol Mines (UTX.A-V) have taken a cue from their larger peers and decided to merge.The 3-way merger calls…
Pele’s Cristal yields large stone (January 27, 2003)
Lakefield Research has recovered a 0.72-carat diamond from Pele Mountain Resources’ (GEM-V) Cristal occurrence, on the Festival property, near Wawa, Ont.The stone measures 4.42 by 4.28 by 3.58 mm and …
South Atlantic hot on Swedish targets; Rio Narcea
Drilling will follow relogging and sampling of existing coreVancouver — South Atlantic Ventures (saa-v) has begun exploring for Olympic Dam-style deposits of iron oxide, copper and gold (IOCG) in nor…
Canabrava recovers diamonds at Hadley Bay
Junior Canabrava Diamond (CNB-T) has recovered three stones from the Turnstone kimberlite, one of a cluster of ten magnetic anomalies discovered last summer at the Hadley Bay diamond property in the C…