New vaccine depends on gold
Every year, severe diarrhea caused by rotaviruses kill an estimated 870,000 children worldwide, but vaccines delivered by tiny gold particles could help combat this intestinal disease and save lives.T…
Articles by Northern Miner Staff
Voisey’s Bay between rock and a hard place
Trapped between a rock and a hard place about sums up the fate of the Voisey’s Bay nickel-copper-cobalt project in Labrador. Hopes that the moribund project might move forward this year were dashed wh…
Drilling confirms Laronde’s potential
Underground drilling by Agnico-Eagle Mines (AGE-T) at its Laronde gold mine in northwestern Quebec continues to confirm the deposit’s rich potential at depth.In October 1999, the company reported that…
GOLD FUNDS (January 17, 2000)
Gold Funds as of Jan. 6, 2000Dynamic MutualCentral FundNet Value$13.75$5.54Price$8.40…
Partners rework deal
Partners Etruscan Resources (EET-T) and Semafo (SMF-T) have amended the terms of their November 1999 acquisition of the Saoura gold permit in Niger.The vendors, Ashanti Goldfields (ASL-N) an…
Seahawk cuts more emeralds
Infill drilling by Seahawk Minerals (SKM-V) continues to cut large emeralds at the Piteiras property in eastern Brazil’s Minas Gerais state.Hole 23 contained several strongly coloured, well-formed cry…
INVESTMENT COMMENTARY
Mining analysts Graeme Currie and Andrew Muir of Canaccord Capital are advising investors to focus on junior exploration companies that have strong management and the funding in place for active, high…
Partners join diamond play
Hoping to repeat the success of their neighbour, Band-Ore Resources (BAN-T) and Southern Africa Minerals (SAF-T) have each acquired a half-interest in a 89.5-sq.-km land package on the eastern side of…
Cancor exercises Gemini option, raises funds
Montreal-based Cancor Mines (KCR-T) has acquired from Inco (N-T) a half-interest in the Gemini polymetallic property in northwestern Quebec.Cancor fulfilled the major terms of a 1997 option agreement …
Chief plans startup at Trixie mine
Funds from a US$7-million private placement will enable Chief Consolidated Mining (CFCM-Q) to begin underground drilling and development at the Trixie gold mine in central Utah.The New York-based juni…
Ashanti fights shareholder revolt
Unhappy at the direction Ashanti Goldfields (ASL-N) is taking to solve its financial woes, four groups of disgruntled shareholders have filed proceedings with the High Court in Ghana for a special sha…
Laronde
The Spanish government has granted Orvana Minerals (ORV-T) title to the Escalada exploration concession.Situated in the country’s southwestern region, the 80-sq.-km concession is near the Rio Tinto, C…