Partners search for northern gold
Windy Camp, Nunavut — North of the Arctic Circle, Miramar Mining (MAE-T) and Hope Bay Gold (HGC-T) are faced with the challenge of finding enough near-surface, high-grade ounces to justify advancing …
Articles by Northern Miner Staff
Iamgold ponders fate of exploration projects
Recent exploration has prompted Iamgold (IAM-T) to walk away from the FSC project, in South Africa, and consider a similar action at the Moeda and Retazos projects in Brazil and Ecuador, respectively….
Inmet hits high grade at Cayeli mine in Turkey
Deep drilling by Inmet Mining (IMN-T) has returned an impressive 25.5-metre intersection grading 14.4% copper and 8.5% zinc, plus 129 grams silver per tonne, below the existing workings of the Cayeli …
Inmet options Lemoine
Toronto-based Inmet Mining (IMN-T) has optioned the Lemoine base metal property in Quebec’s Chibougamau mining camp from Loubel Exploration.To earn a 60% interest, Inmet must spend $3 million on explo…
Aur, Arizona Star hit gold in Chile
Partners Aur Resources (AUR-T) and Arizona Star Resource (AZS-V) are planning more work to test a newly discovered gold zone on the Agua de la Piedra property in northern Chile.Operator Aur, which hol…
Seven inducted into National Mining Hall of Fame
Seven pioneers of North American mining have been welcomed into the U.S.-based National Mining Hall of Fame.Only one of the inductees, Stewart Wallace, is alive; the others will be honoured posthumous…
GREATEST VALUE TRADED, JUNE 6-12
ExchgVal($000s)HighLowCloseChangeAlcoa*N48222944.9839.7740.50-4.34…
Spot Prices Wed. June 13, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$271.80+$4.85Silver$ 4.39+$0.03Platinum$574.00-$…
Boliden bows to legal pressure
Citing uncertainties associated with a lawsuit brought forth by Falconbridge (FL-T) and Noranda (NOR-T), Boliden (BOL-T) has decided to sell those companies its adjoining Lomas Bayas and Fortun…
Virginia forms alliance with Noranda (June 18, 2001)
With dozens of projects on the go, Virginia Gold Mines (VIA-T) is doing more than its share to keep exploration alive in the vast wilderness of northern Quebec. The junior is also receiving financial …
Goose Lake lays more golden eggs
Kinross Gold (K-T) has increased the size of the Goose Lake gold deposit, the largest of six comprising the George Lake project in Nunavut.Kinross can earn a 70% interest in George Lake from Wheaton R…
Drilling opens up Vault
Drilling at the Meadowbank gold project, near Baker Lake, Nunavut, has increased the size of the Vault gold zone.Cumberland Resources (CBD-T) recently sank 19 widely spaced holes into the zone, mainly…