NORCAT expands role in Canadian mining industry
With the official opening of an underground test area, the Northern Ontario Centre for Advanced Technology (NORCAT) is fast becoming Canada’s premier proving ground for new mining technology.NORCAT, w…
Articles by Northern Miner Staff
DIAMOND PAGE — Ashton sizes up K14 with mini-bulk sampling work
The first diamond results from mini-bulk sampling of the K14 kimberlite at the Buffalo Hills project indicate a high variability in diamond content over relatively short distances in the kimberlite bo…
MOST ACTIVE ISSUES, Nov. 5-11
ExchgVol(000s)CloseTuscany ResA119680.57Denison MinesT…
DIAMOND PAGE — Diamond Fields finances work off Namibian coast
A private placement of 5.6 million shares at a price of US30 cents each has netted US$1.7 million for privately owned Diamond Fields International.Proceeds will be used to resume exploration of the wh…
TORONTO STOCK EXCHANGE INDICES (November 17, 1997)
-1997-Nov. 11Nov. 10Nov. 7Nov. 6Nov. 5HighLowComp…
Gold Reserve hits deep copper in Km 88
In a program of follow-up drilling, Gold Reserve (GLR-T) has confirmed the presence of deep copper-gold mineralization beneath the centre of the Las Brisas deposit in the Kilometre 88 region of southe…
STOCK MARKETS — TSE slides back as global worries continue — Mining stocks outpace broad market in race for the bottom
The Toronto Stock Exchange chalked up five losing sessions in a row between Nov. 5 and Nov. 11, finishing a dismal stretch at 6,786.52 points, about 2% lower for the trading period. Volumes were moder…
PRODUCER AND DEALER PRICES (November 17, 1997)
Aluminium: LME settlements US$1,614, alloy US$1,485 per tonne (Nov. 11/97).Antimony: Recent physical trades US$1,830-1,850 per tonne (Nov. 11/97).Bismuth: Composite free market US$3.40 per lb. (Nov. 1…
Banro extends depth of Twangiza
Banro Resource (BNRS-C) has cut a 313-metre intersection of gold mineralization at its Twangiza project in the Democratic Republic of Congo.Highlights from the first hole reported include the followin…
INVESTMENT COMMENTARY — Lluvia de Oro adds upside to Santa Cruz
Mining analysts love turnaround stories, as do many investors who hope to catch companies on the rebound from the rocky transition from exploration to production. One recent example is Santa Cruz Gold…
Bolivar takes on Monarch in legal fight
Bolivar Goldfields (BVG-T) has filed a notice of action in an Ontario court against Monarch Resources (MRE-T) in an attempt to hold the latter to its agreement to sell its Venezuelan assets.Among thos…
South Pacific forms JV with Teck, MM
Teck (TEK-T) and Australian-based MM Gold, a subsidiary of Meekathara Minerals, will join forces with South Pacific Resources (SHF-A) to explore two gold projects in Kalimantan, Indonesia.South Pacifi…