News

Mtn Province arranges financing

Low on cash, Mountain Province Diamonds (MPV-T) intends to raise just under a million dollars in a private placement of more than 1.9 million units priced at 50 apiece.A unit will consist of one shar…



Northern Miner Indices (November 19, 2001)

NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T18.7FalconbridgeFL-T5.9Franco-Nevada MiningFN-T6.5Freeport McMoRan Cop’r BFCX-N5.3Homestake MiningHM-N6.4IncoN-T9.4Newm…


TVX chalks up quarterly loss (November 19, 2001)

Lower realized prices and the devaluation of the Brazilian real saw TVX Gold (TVX-T) end the third quarter in the red.Net losses in the three months ended Sept. 30 totalled US$1.1 million on revenue o…


Vannessa seeks injunction

Vancouver — Legal issues are once again taking centre-stage at the Las Cristinas gold property in Bolivar state, Venezuela. Minera Las Cristinas (Minca), which is 95%-held by Vannessa Ventures (VVV-V…


Sultan expands Gold Mountain anomaly

Vancouver — At its Kena property, north of Ymir, B.C., Sultan Minerals has expanded a gold-in-soil anomaly 1,200 by 600 metres.Soil sampling on the Gold Mountain grid previously defined highly anomal…


Idaho Cons. breaks pact with Crystallex

Under a mutual agreement, Crystallex International (KRY-T) will no longer be providing technical support services to Idaho Consolidated Mines (IDO-V) at the Stillwater complex in Montana.The original …


CDNX breaks 3000 mark

Vancouver — Canada’s junior exchange posted gains on all fronts over the report period ended Nov. 13. The Canadian Venture Exchange composite index tacked on 66.11 points, or 2.24%, to finish the wee…




Northgate cuts losses at Kemess

Vancouver — Despite generating a positive cash flow from its Kemess gold-copper mine in BC, historical low copper…



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