Apollo raises $14.4 million
One more sign that things are picking up in the gold business: Apollo Gold (APG-T) has completed a private placemen…
Articles by Northern Miner Staff
Axmin closes financing (December 31, 2002)
Junior gold explorer Axmin (AXM-V) has closed a non-brokered private placement of 4.2 million units priced at 30 a…
Silver Standard finds new zone at Bowdens
A new lens of lead-zinc-silver mineralization has turned up in drilling at the Bowdens property in New South Wales,…
Trading Summary (December 30, 2002)
Toronto’s gold stocks shed 5.18 points or 2.54% of value as the yellow metal retreated US$5.30 to US$343.60 per oz.
Provenor grabs stake in Fenelon extension
Montreal-based Provenor Inc. (PVN-V) has inked a deal to take a 51% interest in three claim blocks, covering about…
Kirkland Lake raises Macassa cash
Kirkland Lake Gold (KGI-V) (formerly Foxpoint Resources) has raised more than $4.7 million via a private placement…
BHP unloads CVRD stake (December 30, 2002)
Vancouver – Seeing little strategic value in holding on to its stake in iron ore producer Companhia Vale do Rio Doc…
Gold touches US$355 per oz.
Gold bugs were particularly exultant during the report period ended Dec. 20 as the yellow metal surged to US$355 per oz. on Dec. 19. during intra-day, European trading.However, any belief in gold is s…
People (December 30, 2002)
Gemcom Software — Appointed Rick Moignard as president and CEO.Richmont Mines — Louis Dionne appointed president and CEO.Lakefield Minerals — William Urseth appointed president.
PDAC calls for papers
The Prospectors & Developers Association of Canada is soliciting papers for the open session of its annual convention, slated for March 9-12, 2003, in Toronto.Organizers are looking for policy-related…
Commercial-size stones envisaged for Renard 3 kimberlite
Despite its small tonnage implications, the Renard cluster of eight kimberlitic bodies in the Otish Mountains of north-central Quebec shows potential for large commercial-size diamonds at grades compa…
Odyssey drills Altintepe gold prospect
Vancouver — Looking to outline a bulk-mineable oxide gold system, Odyssey Resources (ODX-V) has begun diamond drilling on the Altintepe gold property, on Turkey’s Black Sea coast.Field work has ident…