Global Diamond tests anomalies
San Diego, Calif.-based Global Diamond Resources (GDRS-Q) will investigate two aeromagnetic anomalies on its Caerwinning property in South Africa’s Northern Cape province.Ground geophysics, followed b…
Articles by Northern Miner Staff
Monument Bay drilling turns up more gold
Drilling by Thunder Bay-based Wolfden Resources (WOLF-C) continues to intersect gold mineralization in the known A and B Zone structures at the Monument Bay deposit in northeastern Manitoba.The progra…
St. Elias to drill Zona Verde
Channel sampling on the Cueva Blanca gold property in Peru is allowing St. Elias Minerals (SLI-V) to enhance a promising new gold zone.Situated in the northern portion of the property, the Zona Verde …
Summo hits extension of Centennial copper deposit
A 15-hole exploration program targeting the southern end of the Centennial copper oxide deposit in southeastern Utah has uncovered a new mineralized zone for Denver-based Summo Minerals (SMA-T).Coveri…
Gold Fields, Outokumpu ink PGM deal
Gold Fields (GOLD-N) and Outokumpu will explore jointly for platinum group metals (PGMs) on a 14,000-ha property in north-central Finland.Two layered intrusive complexes are known to exist on the prop…
Sunshine sees sparkle in Argentine play
Channel sampling at the Capricho massive sulphide project in Argentina has resulted in significant values for lead, copper and silver over a horizontal distance of 1,000 metres.The program, carried ou…
Echo Bay eyes Moreau gold property in Arizona
Having completed surface-sampling and mapping, a wholly owned subsidiary of Echo Bay Mines (ECO-T) is preparing to drill-test five targets on the Moreau gold property near Parker, Ariz. The targets ar…
First Quantum, Glencore close ZCCM deal
Shareholders of Zambian Consolidated Copper Mines (ZCCM) have unanimously approved the sale of their company’s Mufulira division and the Nkana mine, concentrator and cobalt plant to Mopani Copper Mine…
New economy supported by the old
With wonder one watches the volatility in global stock markets and the preoccupation of the news media with the “new global economy.” The myopic focus on telecommunications, e-commerce, genetic engine…
Canada obligated to protect endangered species
Your editorial of Feb. 28, “Phone, fax or mail — Stop David Anderson!” contains a number of outlandish claims that are based on misguided comparisons with U.S. endangered species legislation.The gove…
Latest UK auction drives brief gold rally
During the March 15-21 report period, attention in the gold market was directed toward the Bank of England’s latest gold auction, held on March 21.The bank sold 25 tonnes (803,600 oz.) for US$285.25 p…
Dow rockets, gold sputters
During the report period ended March 21, the Dow Jones industrial average gained 1,096.1 points, or 11%, to close at 10,907.24. The rally was highlighted by a record gain of nearly 500 points on March…