Royal Standard seeks PGMs
Denver — Royal Standard Minerals (RSM-M) has signed a letter of intent to acquire a half-interest in a platinum-palladium project in far-eastern Russia.The company will pay Geoprospects International…
Articles by Northern Miner Staff
Western Copper goes it alone
Vancouver — Western Copper Holding’s (WTC-T) joint-venture partner, Lima, Peru-based Mauricio Hochschild & Cia, has dropped its option to earn a 68% interest in the Penasquito silver-lead-zinc proper…
Canadian Stock Exchange Indices (April 30, 2001)
DateApril 24 April 23April 20April 19April 18HighLowTSE 3007891.677929.808099.44…
Conquest expands portfolio
Junior Conquest Resources (YQR-V) has expanded its Zimbabwean gold portfolio by acquiring the Babs and Beehive properties.The US$1.5-million acquisition was financed by $2.6 million worth of convertib…
Cool on global warming
Since the Third Conference of the Parties in Kyoto, Japan, in December 1997, I’ve had a bee in my bonnet about global warming, and your trenchant editorial (T.N.M., April 16-22) certainly set it abuzz…
Aurora Gold committed to Mt. Muro mine
Despite its previously announced decision to sell its 85% interest in the Toka Tindung project in Indonesia, Aurora Gold says it will continue to operate the Mt. Muro gold-silver mine, in the same cou…
Stillwater rakes in record profit
Denver — Platinum producer Stillwater Mining (SWC-X) posted record earnings of US$29.4 million (or 75 per share) for the first quarter of 2001, compared with US$6.9 million (18 per share) in the co…
High grades hit at Tulawaka
Infill and extension drilling by Barrick Gold (ABX-T) at the Tulawaka gold deposit in the Lake Victoria district of Tanzania has returned more high-grade values.Barrick is drilling off a reserve at th…
Inco ready to develop Goro
With feasibility studies now complete, nickel producer Inco (N-T) has decided the Goro nickel project, in the French Pacific territory of New Caledonia, should be brought into production.Chairman Mich…
Gitennes to explore Fox
Despite a less-than-successful, initial round of drilling on the Blacktop massive sulphide prospect in southern British Columbia, Gitennes Exploration (GIT-T) plans to intensify exploration at the Fox…
Gabriel positioned for mine-making challenge: analyst
The recent appointment of Cliff Davies as chief executive officer and president of Gabriel Resources (GBU-T) bodes well for future development of the Rosia Montana gold project, says Michael Jones, a …
Metal Prices (April 30, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateApril 24April 23April 20April 19April 18Aluminium15…