Survey highlights Dryden area
Results from an airborne magnetic and electromagnetic survey in the Stormy Lake-Dryden area indicate “many interesting targets for prospectors and industry to follow up,” according to Ontario’s Northe…
Articles by Northern Miner Staff
Codelco defines copper cuts (January 07, 2002)
Vancouver — The world’s largest copper producer, Corporacion Nacional del Cobre de Chile (Codelco), plans to cut production by 4% in 2002.The Chilean state-owned entity aims to trim 11,300 tons of pr…
MOST ACTIVE ISSUES, DEC. 21-31
ExchgVol(000s)HighLowCloseChangeAlcoa*N1456536.4534.0035.55+0.63…
Starfield sets sights on high-grade zone
Vancouver — Armed with $1.6 million, Starfield Resources (SRU-V) is preparing to explore the newly discovered high-grade zone on the Ferguson Lake copper-nickel-platinum-palladium project in Nunavut….
DRC tables new Afton resource (January 07, 2002)
Vancouver — Deeper drilling by DRC Resources (DRC-V) has boosted the mineral resource at the past-producing Afton copper-gold mine in British Columbia.The addition of 26 diamond drill holes has incre…
TSE enters new year with a bang
Having lost 14% of its value last year, the Toronto Stock Exchange 300 index began the slow road to recovery with a gain of 163.11 points, or 2.2%, over the Dec. 21-Jan. 1 report period. The benchmark…
Coronation Bay a hot spot for diamond explorers
Although a decade has passed since diamonds were first discovered in Canada, the potential for further discoveries has not yet diminished, as evidenced by the success of Ashton Mining of Canada (ACA-T…
CDNX starts 2002 on bullish note
Vancouver — Canada’s junior exchange kicked off 2002 with a holiday rally led by junior explorers. The Standard and Poor’s-Canadian Venture Exchange Composite Index jumped 58.1 points, or 5.9%, and c…
Producer and Dealer Prices (January 07, 2002)
Antimony: Mid-mkt US$1,130/t.Bismuth: Mid-mkt US$3.25/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.50-7.80/lb.Copper: Comex Mar. US$0.658/lb.Indium: Indi…
Fort Knox raises cash
Fort Knox Gold Resources (FNX-T) has completed an offering of 4 million flow-through shares at $1 apiece and 4 million units at the same price for proceeds of $8 million.One unit comprises one share p…
Merger mania grips mining industry in 2001
Against a rather grim backdrop that included an American economy slipping into recession, worldwide commodity deflation and a new war on terrorism, the big story in 2001 for the North American mining …
Canadian Stock Exchange Indices (January 07, 2002)
DateJan. 1Dec. 31Dec. 28Dec. 27Dec. 26HighLowTSE 300Holiday7688.417674.977650.58Holiday9425.526301.52Metals & MineralsHoliday4160.114177.534148.69Holiday5104.443234.34Integrated M…