Muskeg suffers start-up set back
Barely more than a week into bitumen production, operations at Shell Canada’s (SCH-T) Muskeg River mine about 75 km…
Articles by Northern Miner Staff
Drills turn at Gil
Infill drilling by Kinross Gold (K-T) on the Gil joint venture property near Fairbanks, Alaska has returned more en…
Tiberon expands Nui Phao deposit (January 06, 2003)
Vancouver Calgary-based Tiberon Minerals (TBR-T) has tabled more results from its drill program performed late la…
Sherritt stokes the fire
With Fording (FDG-T) shareholders set to vote on their company’s three-way plan to convert to an income trust on Ja…
Repadre shareholders okay merger
Repadre Capital’s (RPD-T) shareholders have given the nod to a plan that would see their company merge with Markham…
International Curator readies drills at Assean Lake
International Curator Resources (IC-T) is gearing up for a winter exploration program on its 60% owned Assean Lake…
Trading Summary (January 06, 2003)
Toronto’s Gold Index dropped 3.16 points to finish Monday’s session at 202.07 as the yellow metal came off an early…
Band-Ore readies drills at Thorne (January 06, 2003)
Having raised $500,780 via a non-brokered private placement of flow-through shares and warrants, Band-Ore Resources (BAN-T) is about to intensify drilling at its wholly owned Thorne gold property, 20 …
AMEC wins Meadowbank contract
Vancouver — AMEC has been hired to study the feasibility of mining the Meadowbank gold deposit in Nunavut. Situated 70 km north of Baker Lake, the property is owned by Cumberland Resources (CBD-T).Th…
European mission raises profile of central Newfoundland
A mining trade mission that visited Europe in early autumn 2002 to drum up interest in central Newfoundland’s resource potential has proved successful, according to the president of the Newfoundland a…
Lending Rates (January 06, 2003)
as of 4 pm ET, Dec. 19, 2002(%)Bank of Canada3.00Canadian Prime4.50U.S. Discount0.75U.S. Fed Funds1.25U.S. Prime4.25LIBOR US$ 3-month1.40LIBOR US$ 6-month1.40LIBOR US$ 1-year1.52Gold lease 3-…
Axmin closes financing (January 06, 2003)
Junior gold explorer Axmin (AXM-V) has closed a non-brokered private placement of 4.2 million units priced at 30 apiece, for total proceeds of $1.2 million.Each unit consists of one share plus a half…