Bema options Salvadoran project
Vancouver — Bema Gold (BGO-T) has an option to earn up to a 75% interest in the high-grade Divisadero gold-silver property in El Salvador. The ground is held by Intrepid Minerals (IAU-V).Initially, B…
Articles by Northern Miner Staff
Alcan boosts Alouette stake (September 09, 2002)
Montreal-based Alcan has doubled to 40% its stake in the 243,000-tonne, low-cost Aluminerie Alouette smelter in Sept-Iles, Que.The company, which already had a 20% stake in the facility, acquired Coru…
Cancor eyes Turgeon project
Cancor Mines (KCR-T) has agreed to acquire Aur Resources’ (AUR-T) 49% stake in the Turgeon polymetallic project in Quebec.To acquire the stake, and attain full ownership, Cancor will issue 100,000 sha…
Claude, Placer strike gold in Red Lake
Echoing the exploration success of their rival, Goldcorp (G-T), partners Placer Dome (PDG-T) and Claude Resources (CRJ-T) have discovered a high-grade gold system in the Red Lake camp of northw…
Pipes found on Victoria Island
With five new kimberlite discoveries under their belt, Diamonds North Resources (DDN-V) and Canabrava Diamond (CNB-V) are embarking on a helicopter-borne geophysical survey to firm-up additional drill…
Northern Miner Indices (September 09, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T23.2%CamecoCCO-T3.2%FalconbridgeFL-T5.2%Freeport BFCX.B-N5.8%GoldcorpG-T4.2%IncoN-T9.2%Meridian GoldMNG-T2.8%Newmont MiningNE…
Daily Metal Prices (September 09, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateSept. 3Sept. 2Aug. 30Aug. 29Aug. 28Al Alloy1221/123…
MOST ACTIVE ISSUES, AUG. 28 – SEPT. 3
ExchgVol(000s)HighLowCloseChangePlacer DomeT1760616.2514.7516.18+1.22…
Gloomy start to September
A market rout on September’s first trading day in the U.S. might be a sign of further carnage to come this fall. For the report period ended Sept. 3, the major indices retested post-9-11 lows, with th…
Expats gunned down near Grasberg
An ambush along a road near Freeport-McMoRan Copper & Gold’s (FCX-N) Grasberg mine in Indonesia’s Papua province has left three dead.A band of about 15 people armed with M-16 automatic weapons and a r…
Audit confirms Dolores gold-silver resource
Vancouver — An independent audit has confirmed Minefinders’ (MFL-T) resource estimate for the Dolores project in Mexico’s Chihuahua state.Pincock, Allen & Holt verified a measured, indicated and infe…
Diamond Fields on track for production renewal (September 09, 2002)
Having bought its own vessel, Diamond Fields International (DFI-T) is preparing to renew marine diamond production off the coast of Namibia.The junior’s main concession covers more than 70 km of coast…