MagAlloy advances Koilu
A memorandum of understanding with Siemens of Germany will enable Magnesium Alloy (YMY-V) to advance the Koilu magnesium project in the Republic of Congo.The agreement identifies several areas of co-o…
Articles by Northern Miner Staff
SAM explores ground near Val d’Or
Prospecting and geophysical surveys will begin this summer at the Grenab project, about 120 km east of Val d’Or, Que. Southern Africa Minerals (SAF-T) acquired the ground based on its potential to hos…
Journalist Kaplan honoured by CIM
Frank Kaplan, whose career as a journalist in the resource industry has spanned more than a quarter-century, was recently honoured with a lifetime achievement award from the Canadian Institute of Mini…
Brancote eyes second Chubut target
Denver — Now that the Esquel gold property in southern Argentina is progressing to the development phase, London-based Brancote Holdings is evaluating other prospective targets in the region.One such…
Francisco cuts high-grade gold at Marlin
Vancouver — Junior Francisco Gold (FGX-T) has tabled more impressive results from an ongoing 3,000-metre drill program at its wholly owned Marlin gold-silver project in western Guatemala.Since April,…
Barrick at work in Alaska
Vancouver — Mining titan Barrick Gold (ABX-T) has kicked off a $600,000 exploration program on the California and Surf properties, held jointly by Rimfire Minerals (RFM-V) and Western Keltic Mines…
NovaGold explores Donlin Creek gold project
Denver — Junior NovaGold Resources (NRI-T) has begun modelling the Donlin Creek deposit in southwestern Alaska in preparation for further drilling in July.Earlier this year, the California-based comp…
Producer and Dealer Prices (June 18, 2001)
Antimony: Mid-mkt US$1,125/t.Bismuth: Mid-mkt US$3.80/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$11.00-12.75/lb.Copper: Comex May US$0.726/lb.Indium: Ind…
Freewest resumes work in NB
A second round of drilling is under way on the Clarence Stream gold property in southwestern New Brunswick.Freewest Resources Canada (FWR-M) ended a first pass of drilling in April after completing 3,…
Broad market takes it on the chin
Weighed down by a sagging industrial products sector, the Toronto Stock Exchange 300 index slipped 164.04 points over the June 6-12 report period. The broad market ended the week at 8,094.78.Gold gain…
Mining sector shines as CDNX slumps
Vancouver — Mining stocks were the only bright spots on Canada’s junior exchange as all other sectors slid into negative territory. The Canadian Venture Exchange composite index lost 10.28 points, or…
Northern Miner Indices (June 18, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T19.3ComincoCLT-T5.1FalconbridgeFL-T6.7Franco-Nevada MiningFN-T6.3Freeport McMoRan Cop’r BFCX-N6.7Homestake MiningHM-N4….