News

LEH outlines Geordie

Junior L.E.H. Ventures (LEH-V) has outlined a low-grade polymetallic resource at its Geordie Lake property in the Thunder Bay region of northern Ontario.Indicated resources ring in at 24.4 million ton…


A falls on the Aripuana River, west of the Arex and Valley deposits, could potentially provide hydroelectric power for the project.

New sulphide prospect at Aripuana

Drilling by Anglo American (AAUK-Q) to test an electromagnetic conductor on the Aripuana property in northern Mato Grosso state, Brazil, has intersected sulphide mineralization along strike from two z…


Diamond discoveries nothing new

With extensive exploration under way for diamond occurences throughout Canada, including encouraging results in northern Ontario and Quebec, you can imagine my surprise when I was recently reading thr…



Patrician stakes Blackwater

Patrician Consolidated Gold Mines (PXC-V) has staked the 268-sq.-km Blackwater Lake property, 550 km northwest of Yellowknife, N.W.T.The two claim groups, comprising 33 units, are accessible via a win…


CDNX follows major bourses up

Vancouver — Canada’s junior exchange broke out of its recent slide and posted modest gains during the 5-day report period ended March 5. The Standard & Poor’s/CDNX composite index gained 27.45 points…



Northern Miner Indices (March 11, 2002)

NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T25.5CamecoCCO-T4.1FalconbridgeFL-T5.3Franco-Nevada MiningNMC-T7.0Freeport McMoRan Cop’r BFCX-N5.7IncoN-T9.2Newmont Mini…


Bema finances work at Monument Bay

Junior Bema Gold (BGO-T) has closed a brokered private placement of flow-through shares with Canaccord Capital and Haywood Securities with an eye toward resuming drilling at the high-grade Monument Ba…


Low zinc prices hamper Breakwater

A year of record-low zinc prices translated into a $111-million loss for Breakwater Resources (BWR-T). On a per-share basis, the loss works out to $1.20.By comparison, the company posted a loss of $8….


Orvana begins Don Mario development

It may have taken longer than expected, but Orvana Minerals (ORV-T) has entered the final stretch at the advanced Don Mario gold project in eastern Bolivia.Orvana bought the deposit in 1996 for $43 mi…


TSE Short Positions (March 11, 2002)

Short positions outstanding at February 28, 2002Larger individual positions include Agnico-Eagle 3,511,200 up 1,144,049; Alcan Inc. 1,284078 down 127696; Appalaches Res. 140456 up 140,456;…


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