Gold paying the price of past hoarding
It was a nice two weeks, but gold faded back to US$265 per oz. as though it had never seen US$280. Gold lease rates, which went up — gasp! — half a point, are back near 2%. Nothing seems to move the…
Articles by Northern Miner Staff
News – 18-JUN-01
Chapleau options Kougarok tantalum property in Alaska
An agreement with Navigator Exploration (nvr-v) allows Chapleau Resources (CHI-V) to earn up to a 60% interest in the Kougarok tantalum property in north-central Seward Peninsula, about 112 km from No…
Boyongan gets bigger
Vancouver — Impressive drill results keep rolling in from the Boyongan copper-gold prospect at the North property…
Weda Bay advances Halmahera (June 15, 2001)
Vancouver-based Weda Bay Minerals (WDA-T) has tabled a positive prefeasibility study at its laterite nickel-cobalt…
Rhonda confirms large kimberlite body
Vancouver — The first three holes of a planned five-hole drilling campaign have cut wide zones of kimberlite from…
Klondike seeks Sullivan-type deposit
Vancouver — With Cominco’s (CLT-T) prolific Sullivan base metal mine slated for closure later this year, Klondike…
Stillwater suffers third fatality
A Thyssen Mining Construction of Canada employee has been killed as a result of an accident at Stillwater Mining’s…
Crew ups stake in Asia Pacific
Asia Pacific Resources (APQ-T) has completed a private placement of more than 5.6 million units at 55 apiece for t…
Rio Tinto takes aim at Canada
Robert Wilson, chairman of London-based Rio Tinto (RTP-N), has declared that he sees an expanding future for his co…
Trading Summary (June 15, 2001)
An earnings warning by market heavyweight Nortel Networks dragged the Toronto Stock Exchange down for the fourth st…
Partners report high diamond count from NIC2
Vancouver — Calgary-based Shear Minerals (SRM-V) and partner Diamondex Resources (DSP-V) are reporting a high diam…