Placer’s Cristinas deal stirs up controversy
Although trading volumes were low during the holiday-shortened report period of Aug. 1-7, there were nonetheless several developments in the Canadian mining scene.Reuters reported that Venezuelan stat…
Articles by Northern Miner Staff
Mining index leads rally for CDNX
Trading on Canada’s junior exchange perked up during the holiday-shortened week. The Canadian Venture Exchange composite index closed the period ended Aug. 7 at 3098.27, up 35.26 points (or 1.1%). The…
The Northern Miner — North American Mining Index (August 13, 2001)
69.06 (-1.05)(Sept. 30/98 = 100)…
Twin cuts pipe at Jackson Inlet
Drilling on the Jackson Inlet property at Baffin Island in Nunavut has uncovered a kimberlite known as Cargo 1.Twin Mining (TWG-T) recovered 83.2 metres of kimberlite from the first hole drilled into …
The Northern Miner — Small Producers Index (August 13, 2001)
44.81 (-0.65)(Sept. 30/98 = 100)…
Ivanhoe accelerates Mongolian exploration
Impressed by results to date, Ivanhoe Mines (IVN-T) has decided to drill another 16,000 metres at its Turquoise Hill copper-gold porphyry project in southern Mongolia.Situated 560 km south of the capi…
Star falls at Black Lick
After processing 2,2021 tons of lamproite material, Star Resources (SRR-V) recovered only 0.38 carat of diamonds from the Black Lick prospect in Pike Cty., Ark.The bulk-sample, which captured only dia…
Freewest inks deal with Fancamp Exploration
Montreal-based junior Freewest Resources Canada (FWR-M) is expanding its area of interest around the Clarence Stream high-grade gold discovery in southwestern New Brunswick.The company has entered int…
Wolfden tests High Lake
Drilling by Wolfden Resources (YWO-V) has intersected additional deep mineralization in the middle portion of the High Lake massive sulphide deposit in Nunavut, some 45 km from tide water on the Arcti…
Nickel takes the blows
Another poor week for base metals saw a slight reduction in the rate of inventory build-up in London Metal Exchange (LME) warehouses but no let-up to the steady downtrend in prices across most of the …
PEOPLE (August 13, 2001)
Candor Ventures — Terrence Fisher appointed chairman; Paul Chamois appointed president and director; Patrick Reid appointed secretary and director.Guyanor Resources — Michel Juilland appointed pres…
BC gov’t rolls out exploration incentive
The newly elected British Columbia government has rolled out several incentives to boost mineral exploration and mining in the province, the most significant being a 20% flow-through share tax credit….