Articles by Northern Miner Staff

Hornby Exploration expands exploration portfolio

An agreement with an industrial company paves the way for Hornby Bay Exploration (YHB-V) to acquire 8,000 ha of base metal and gold properties across Canada.In exchange for cash, shares and warrants, …


TSE Short Positions (January 15, 2001)

Short positions outstanding at December 31, 2000Abitibi-Consolidated Inc. 1,007,500 up 777,341; Alcan Aluminium Ltd. 552,334 up 256,600; Anderson Exploration Ltd. 1,402,800 down 149,533;…



Falco counters union complaint

Falconbridge (FL-T) has filed a detailed response to a charge of unfair labour practices lodged by Canadian Auto Workers (CAW) union local 598 in Sudbury, Ont.A company spokesman says the union’s comp…


Rio Tinto options gold target in French Guiana

Denver — Rio Tinto Mining & Exploration, a subsidiary of London-based Rio Tinto (RTP-N), has inked a deal with Guyanor Ressources (GRL.B-T) and Golden Star Resources (GSR-X) to explore the Pau…


Ivanhoe gets nod for merger with ABM

Shareholders of Ivanhoe Mines (IVN-T) overwhelmingly approved a merger with ABM Mining that will create an international mining company with copper operations in Myanmar (formerly Burma) and iron-ore …


Sarmin goes public as TGW

Sarmin Exploration, a private Ontario company with an exploration portfolio in the Dominican Republic, has begun trading publicly following a reverse-takeover of Quebec-based Boreal Exploration (BOR-M…


Palladium shoots past US$1,000-per-oz. mark

Palladium was the bright light among the precious metals during the Jan. 3-9 report period, at last cracking the US$1,000-per-oz. barrier to reach a record high of US$1,047 per oz. Prices for palladiu…


Rate cut can’t stop slide

Denver — The sudden interest rate cut by the U.S. Federal Reserve put a charge into the market on Jan. 3, only to see record-setting gains evaporate. The market finished the report period ended Jan. …


CDNX posts gains on all fronts

Vancouver — With the mining index leading the way, Canada’s junior exchange posted gains on all indices during the report period ended Jan. 9. The Canadian Venture Exchange composite index tacked on …


Camafuca study recommends mining

The partners in the Camafuca diamond project in Angola have accepted a feasibility study that says initial mining of part of the weathered kimberlite resource can be profitable.The study, provided by …


Marine miner suffers setback

NamSSol, the first-generation seabed crawler of marine diamond miner Namibian Minerals (NMR-T), was damaged while being recovered from the seabed to the support vessel MV Kovambo.NamSSol was operating…


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