Market catches gold fever
Denver — The Dow Jones industrial average surged again after a brief respite, climbing 384.27 points, or 3.5%, to 11,257.24, its highest point in 15 months. The Nasdaq hit 2313.85.Spot gold on the Ne…
Articles by Northern Miner Staff
Soquem, Eastmain drill deep at Clearwater
Exploration drilling by Quebec-government-owned Soquem at Eastmain Resources’ (ER-T) Clearwater (or Eau Claire) property in Quebec’s James Bay region has extended several known gold veins at depth.The…
Rio Grande grades confirmed
Vancouver — A newly completed 3,200-metre drill program on the Rio Grandeproperty in northwestern Argentina has…
Ghana’s Ashanti stake on the block
The government of Ghana may sell part of its 20% stake in gold minerAshanti Goldfields (ASL-N), plus a handful of…
Falconbridge eyes entire Montcalm deposit
A revised deal between Falconbrige (FL-T) and Finnish minerOutokumpu allows the former to purchase a 100% interes…
NDT drops Antana
Vancouver — The low price of gold has prompted NDT Ventures (NDE-V)to stop exploring the Antana gold property in…
Viceroy faces financial woes
Vancouver — A low gold price and high operating costs continued to wreakhavoc on Viceroy Resources’ (VOY-T) bott…
LionOre eyes $12 million
Australia’s LionOre Mining International (LIM-T) has retained HaywoodSecurities to help it raise up to $12 millio…
SVB deal completed
Donner Minerals (DML-V), Cypress Development (CYP-V), NDT Ventures (NDE-V), Rcom Venture (RCO-V) and Curion Venture…
Trading Summary (May 25, 2001)
Warnings of continued weak economic growth by U.S. Federal Reserve chairmanAlan Greenspan late on Thursday sent i…
K252 yields 0.55 carat per tonne
Vancouver — A 22.8-tonne, mini-bulk sample collected by Ashton Mining of Canada (ACA-T) from the K252 kimberlite i…
Ekati talk peaks De Beers interest
Vancouver — Signals from BHP (BHP-N) that it may sell its stake in Canada’s first (and only) diamond mine have pea…