Nickel shows signs of resilience
Base metal prices on the London Metal Exchange (LME) were fairly stable during the report period March 5-9, the only exceptions being copper, which saw a gain in the weekly average cash price of 2.4%,…
Articles by Northern Miner Staff
Harrods launches program in Mongolia
Denver — With the backing of Egyptian financier Mohamed Al Fayed, Harrods Minerals is getting back to the basics, with a focus on grassroots exploration.The privately owned, Denver-based company has …
Market makes steep drop
Denver — The Dow Jones industrial average suffered a 2.8% drop, tumbling 300.42 points to 10,290.80 for the report period ended March 13, while the Nasdaq was off 8.6%.Spot gold on the Comex division…
Rio Algom aligns exploration strategy with Billiton
London-listed Billiton has merged the exploration activities of wholly owned subsidiary Rio Algom with its own geographically diverse exploration and development division.Projects in the Americas will…
Tres-Or adds diamond play
Vancouver-based Tres-Or Resources (TRS-V) has joined the Ontario diamond hunt.The junior recently acquired 783 claim units south of Temagami and east of Marten River, at the southern end of the Lake T…
Starfield expands resource at Ferguson Lake
Vancouver — Following two years of exploration, Starfield Resources (SRU-V) has more than doubled the known resource at the Ferguson Lake project, near Rankin Inlet in southern Nunavut.The deposit ha…
Tenke Mining fires up second rig at Vicuna
Vancouver — Junior Tenke Mining (TNK-T) has added a second drill rig to its 23-hole program on the Vicuna gold project, in northwestern Argentina.The reverse-circulation work is testing five targets:…
Junior busy in Nevada
Having ended a two-and-a-half-year venture arrangement Kennecott Exploration, junior Nevada Pacific Gold (NPG-V) is raising $300,000 to continue exploring for gold in Nevada.The non-brokered private p…
Juniors target ‘Sullivan’ projects
The search for the next Sullivan mine in British Columbia’s Purcell Basin has been frustrating and fruitless for most juniors, but three companies headed by Richard Hughes intend to give it another sh…
Partners have high hopes for Hope Bay gold project
The Hope Bay gold project in Nunavut represents one of the premier exploration projects in all of North America.Partners Miramar Mining (MAE-T) and Hope Bay Gold (HGC-T) control an entire 80-km-long g…
Philippines eyes exploration revival
Vancouver — The discovery of an exciting new gold-rich copper porphyry system, combined with the expansion of several known deposits, is attracting attention to the Philippines.Situated in the Ring o…
Teck drops option on Cerro Samenta
Following a 4-hole drilling program on the Cerro Samenta property in northwestern Argentina, Teck (TEK-T) has handed the property back to Mansfield Minerals (MDR-V).Teck tested a newly discovered zone…