Trans Hex sails for De Beers
Trans Hex Group’s Mv Ivan Prinsep has returned to Namibia’s coastal waters after weighing anchor from a joint ventu…
Articles by Northern Miner Staff
Overproduction hurts mining
“Mining faces some of the most difficult challenges of any industry and is distrusted by many . . .” (T.N.M., Facts ‘n’ Figures, July 29-Aug. 4, 2002). In fact, the boot is on the other foot.The minin…
SouthernEra takes Messina to the bank (September 02, 2002)
A bankable feasibility study of the Phase 2 project on the Doornvlei property at the Messina platinum group metals (PGM) mine in South Africa, has come back positive for SouthernEra Resources (SUF-T)….
Northern Miner Indices (September 02, 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…
LME Warehouse Levels (September 02, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, August 27 (change from August 20 in brackets):MetalStock (tonnes)ChangeAluminium1293775…
Casa Berardi drilling hits sulphide breccia
Drilling by Aurizon Mines (ARZ-T) at the Casa Berardi property in northwestern Quebec has intersected a zone of gold mineralization in semi-massive sulphide material east of the property’s West mine, …
Reno hosts geostats course
The advanced use of geostatistics in the evaluation of ore reserves will be taught in a 5-day course in Reno, Nev.The event, which runs from Sept. 23-37, is expected to address several topics, includi…
Base metals benefit from modest recovery in US equities
The pressure on metals prices lifted over the report period Aug. 19-23, thanks to a more positive tone in U.S. equity markets. The recent signs of stabilization in metals are not surprising given the …
Pele finds small stones (September 02, 2002)
Pele Mountain Resources (YPN-V) has uncovered more than 20 volcanic units in a 9-sq.-km area of the Festival property, near Wawa, Ont.The intermittently outcropping units reach widths of up to 100 met…
Int’l Minerals picks up Peruvian property
International Minerals (IMZ-T) has signed an option deal to take on a property in southern Peru.The property, Pallancata, is 240 km southeast of Ayacucho in an area of Tertiary-aged volcanic rocks. Th…
The Northern Miner — Small Producers Index (September 02, 2002)
74.10 (+3.88)(Sept. 30/98 = 100)…
Tiomin eyes $3m for Kwale
Tiomin Resources (TIO-T) has inked a deal paving the way for Harris Partners to use their best efforts to raise up to $3 million via a private placement of up to 15 million units.Each unit, comprising…