Temex active at Temagami
Toronto-based Temex Resources (YTM-V) has raised more money to explore various projects in Ontario’s Temagami region.The company has privately placed, with the Contrarian Resource Fund 2000, 562,500 u…
Articles by Northern Miner Staff
Shore Gold cuts thick kimberlite intercept
Junior Shore Gold (SGF-V) has intercepted a possible feeder zone of the Star kimberlite body in Saskatchewan.The fourth hole in a second round of drilling has cut 539.4 metres of kimberlite. Hole 20 w…
OGS reports possible diamond target
Soil sediment sampling by the Ontario Geological Survey (OGS) may yield another promising diamond target in the province, says Northern Development and Mines Minister Tim Hudak.The announcement is bas…
Diamondex to begin program
An exploration program by Diamondex Resources (DSP-V) will focus on several properties in the Northwest Territories, though the company also plans to evaluate diamond projects elsewhere in Canada and …
Muskox dips on results
The much-anticipated drill results from the Keel 1 West geophysical anomaly turned out to be a fizzle of low grades. The anomaly is the smaller of two outlined in the Muskox layered intrusion, about 5…
Inco reaps PGM windfall, makes discoveries
Sky-high palladium and platinum prices are swelling what had been a little-mentioned byproduct credit into a major source of cash flow for Inco (N-T).For 2000, the nickel giant’s revenue from platinum…
McVicar, BHP stake ground north of Superior
Partners McVicar Minerals (MVR-V) and BHP (BHP-N) have staked a second platinum group metals (PGM) property on the north shore of Lake Superior.The 174-claim property is named Foxtrap, after the Foxtr…
Summo eyes Australian copper producer
Denver — Denver-based Summo Minerals (SMA-T) is in negotiations to acquire an equity interest in Australia-based Matrix Metals.Matrix operates the Mt. Cuthbert copper mine in northwestern Queensland….
Peter Brown wins Pezim award
West coast-based financier Peter Brown has won the Murray Pezim Award, presented by the British Columbia and Yukon Chamber of Mines at the 18th Annual Cordilleran Exploration Roundup, held recently in…
Industrial minerals sale hits snag for Hecla
Denver — Hecla Mining (HL-N) has filed suit in U.S. federal court against Toronto-based Zemex (ZMX-T) for refusing to close on the agreed-upon transaction to buy Hecla’s industrial minerals subsidiar…
And the winner is . . .
Among the more popular awards programs is the “Grammys,” presented annually by the U.S.-based National Academy of Recording Arts and Sciences for outstanding achievement in various categories in the r…
Trail reduces zinc output
The Waneta Dam, on the Pend Oreille River, near Trail, B.C., is becoming a cash cow for Cominco (CLT-T). The zinc producer has been selling excess power to utilities and other customers in the wake of…