Viceroy adds to New Morning resource
Vancouver — Junior Viceroy Resource (VOY-T) has bolstered the resource estimate at the New Morning nickel-sulphide deposit, adjacent to the company’s Bounty mine in Western Australia.Based on 2,252 m…
Articles by Northern Miner Staff
TVX board shrinks as Batista walks
Flamboyant Brazilian millionaire Eike Batista is resigning as chairman, chief executive officer and director of TVX Gold (TVX-T), effective April 1.Directors Nigel Lees and Ian Rugeroni are also resig…
Aurora bullish over Midrim results
Vancouver — Drill results from the Midrim nickel-sulphide property in Quebec continue to indicate encouraging grades for junior Aurora Platinum (ARP-V).The project is 20 km northeast of Ville-Marie, …
Miramar, Hope Bay cut new gold zone
Vancouver — Partners Miramar Mining (MAE-T) and Hope Bay Gold (HGC-T) have cut a new zone of gold mineralization west of the Madrid deposit on their Hope Bay property in Nunavut.Dubbed Naartok, the z…
Gold Funds (March 12, 2001)
Gold Funds as of March 1, 2001Dundee Precious MetalsCentral FundNet Value$12.45$5.33Price$7.47$4.900…
McKenzie Bay proceeds with Lac Dor study
Junior McKenzie Bay International (mkby-o) has commissioned a bankable feasibility study of its Lac Dor vanadium project, 25 km southeast of Chibougamau, Que.A 4-member committee split equally betwee…
Tiomin deals Cerro Colorado to Aur Resources
J.C. Potvin’s Tiomin Resources (TIO-T) is transferring ownership of the Cerro Colorado porphyry-copper project, in Panama, to Aur Resources (AUR-T).The deal falls under the terms of a loan-and-option …
Partners comb Newfoundland for copper
Noranda (NOR-T) and Cornerstone Capital Resources (CRI-V) will explore the copper potential of a belt of rocks in eastern Newfoundland.The joint venture, dubbed the Red Cliff project, covers a 780-sq….
Gammon Lake pushes Ocampo resource above 1m oz.
Extensive exploration by Gammon Lake Resources (GAM-T) at its Ocampo gold-silver property in Mexico has paid off handsomely in new ounces.Watts, Griffis & McOuat (WGM) now estimates Ocampo’s total mea…
Gold reverses recent gains
Denver — The Dow Jones industrial average weakened slightly to 10,591.22, to finish the Feb. 28-March 6 report period down 45.66 points, or 0.4%, while gold gave up most of the previous week’s gains….
BHP inks deal with Rio
Vancouver — A subsidiary of Australia’s largest mining house has inked a deal with junior Southern Rio Resources (SNZ-V) to earn up to a 70% stake in the Santo Thomas copper-gold-molybdenum porphyry …
General Minerals in Oz
Denver — Canadian-domiciled and American-based General Minerals (GNM-T) is learning to explore with an Australian accent.The transition isn’t as difficult as it sounds, as one of the company’s new bo…