M.I.M. shareholders give Xstrata the nod
Shareholders of Australian-based miner M.I.M. Holdings have approved a A$4.9 billion cash-and-debt takeover offer f…
News
Work underway at Courageous Lake
Vancouver Junior Seabridge Gold (SEA-V) has launched a $1.6 million program over its wholly-owned Courageous Lake…
Interior disallows Pass Minerals claims
A United States Department of the Interior hearings office has ruled mining claims located over a supposed “desert gold” deposit in southern Nevada are invalid “for failure to make a discovery.”Admini…
The Northern Miner Indices (June 09, 2003)
North American Mining: 70.75 (+3.75)Small Producers: 64.71 (-5.60)(Sept. 30/98 = 100)…
Metallic Ventures advances Nevada projects
Reno-based Metallic Ventures (MVG-T) has had a busy spring furiously drilling two promising deposits on its Goldfield property in southwestern Nevada.The 24-sq.-mile Goldfield property, situated 270 m…
Global industrial production and what it means for mining, Part 2
The shift in the location of industrial production has significant implications for mineral transportation. Mineral production historically developed in response to, and in the vicinity of, industrial…
Gold shines on long-term dollar weakness
Investors in gold stocks have taken profits in one of the best years for investing in the precious metal in more than a decade.The high price of gold has been linked to the tensions with Iraq, but thi…
Imperial extends 114 zone at Sterling
The latest 13-hole drilling campaign by Vancouver-based junior Imperial Metals (III-T) on its 12.5-sq.-km Sterling gold property in southwestern Nevada has lengthened the 114 zone by 107 metres to abo…
Romios renews Scossa campaign
Junior Romios Gold Resources (YRW-V) is drill-testing several gold-bearing structures at its Scossa gold property in north-central Nevada.The program entails several deep holes to follow up mineraliza…
Green Ice picks up Star Hill
A reverse-takeover of a private company will give International Green Ice (IGC-V) a property near Bisbee in Cochise Cty. in southeastern Arizona.The deal with private TSC Enterprises would bring in th…
Victoria nabs Mill Canyon
Junior Victoria Resource (VIT-V) has bought the Mill Canyon gold property in Nevada from Newmont Mining (NEM-N).Situated in the Battle Mountain trend, Mill Canyon is considered prospective for dissemi…
Montana approves Waseka gold operation
With Montana state regulatory approval in hand, Calgary-based Profile Resources (PFL-V) is ready to begin test milling at its Waseka operation in Madison Cty., Montana.The State’s Department of Enviro…