CDNX continues slide into bear territory
WESTERN MARKETVancouver — Canada’s junior exchange posted losses on all fronts during the report period ended March 20. The composite index of the Canadian Venture Exchange dropped 63.66 points, or 2…
Articles by Northern Miner Staff
Corriente outlines copper at San Luis
Corriente Resources (CTQ-T) has outlined a high-grade copper target at the San Luis prospect, at the northern end of the Corriente copper belt in southeastern Ecuador.The property hosts well-developed…
Odds ‘n’ sods: Three important lesser-knowns
Among the movers and shakers of Elliot Lake were three men who have generally been underacknowledged. The roles they played were important, but their overall involvement was limited in comparison with…
Saskatchewan bolsters funding
To encourage mineral exploration, the Saskatchewan government will spend an additional $920,000 this year on its geoscience program.As a result, the province’s spending on geoscience will approach $3….
Leadville Mining gains second Mexican gold play
Denver — After picking up a gold property in Sonora, Mexico, Leadville Mining & Milling (LMMI-O) has inked a deal for a second property, in the neighbouring state of Sinaloa.The company will earn a 5…
Eldorado Gold squeaks out profit
Vancouver — Despite lower production and higher costs, Eldorado Gold (ELD-T) turned a small profit in 2000.Earnings amounted to US$1.1 million (or US1 per share) on revenue of US$53.4 million, compa…
Billiton, BHP to form mining behemoth
London-based Billiton and Australia’s BHP (bhp-n) are merging to form one of the world’s largest diversified resource companies, to be known as BHP-Billiton.The merger is to take place under a “dual-l…
Aurogin Res. options Bathurst base metal property
Toronto-based Aurogin Resources (AUQ-V) has optioned a half-interest in a prospective base metal property in New Brunswick from privately held Heron Mines. The property is in the Belledune area, north…
Kendu kimberlite a dud
A kimberlite discovered by New Blue Ribbon Resources (NBL-V) in northern Alberta has proved barren.None of the 38 drill core samples, which weighed 170 kg in total, yielded any diamonds.Kendu was disc…
Producer and Dealer Prices (March 26, 2001)
Antimony: Mid-mkt US$1,320/t.Bismuth: Mid-mkt US$4.05/lb.Cadmium: Mid-mkt US$0.22/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$13.20-14.75/lb.Copper: Comex May US$0.801/lb.Indium: Ind…
GQ find yields high micro count for Band-Ore
A new discovery area on Band-Ore Resources’ (BAN-T) GQ property, 20 km west of Wawa, Ont., has returned high microdiamond counts from boulders consisting of diatreme breccia.Four new samples, each wei…
GREATEST VALUE TRADED, MAR. 14-20
Value($000s)HighLowCloseChangeAlcoa*N…