Birim cashes up for Ghana drilling
Vancouver — Birim Goldfields (BGI-T) has raised $500,000 through the exercise of 972,652 outstanding warrants at a…
Articles by Northern Miner Staff
Weaker U.S. stocks stumble
With markets weakening across the board, mining stocks were generally lower on U.S. exchanges. The Dow Jones Industrial Average fell 119.07 points, or 1.3% of value, over the five trading days from Ju…
GREATEST VALUE TRADED, JUNE 26-JULY 2
ExchgVal($000s)HighLowCloseChangeAlcoa*N73950633.8030.4532.26+1.12…
The Northern Miner — North American Mining Index (July 08, 2002)
79.59 (-5.42)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (July 08, 2002)
87.56 (-2.60)(Sept. 30/98 = 100)…
Latest corporate downfall ignites investor revolt
As pessimism in multinational conglomerates stretched across the Atlantic, the Toronto Stock Exchange S&P/TSX plunged 107.41 points over the holiday-shortened June 26-July 2 report period, ending the …
Kudos for Internet project
The Ontario government’s Internet-based CLAIMaps system, which provides worldwide access to mineral exploration information in the province, has earned it an award.The province took home an “Explorer”…
Cameco settles pension lawsuit
Cameco, the world’s largest supplier of uranium, has settled a lawsuit with representatives of the Eldorado/Cameco pension plan.The lawsuit originally claimed proceeds in excess of $60 million but was…
Mine owner flees after explosion
The state-run New China News Agency reports that a Chinese mine owner is on the run after an investigation into an explosion at a gold mine in Shanxi province led to the discovery of 35 bodies.It was …
Diamonds North targets Victoria Island (July 08, 2002)
Hoping to capitalize on a revitalized diamond exploration sector that has been fueled by recent kimberlite discoveries in Quebec and the Coronation district of Nunavut, Major General Resources has spu…
Roughing it (with apologies to Mark Twain)
As reviewed in the first article in this series, “Making the Grade: Diamonds Take Forever” (T.N.M., June 17/02), once a favourable bedrock (lode) or surficial (placer) site has been located, the proce…
Correction (July 08, 2002)
Our Venture Exchange market report of June 17 referred to American Bonanza Gold Mining (BZA-V) as “cash-strapped.”Shortly before that issue went to press, the company had completed a public offering o…