News – 12-MAR-01 (March 12, 2001)
Regional Infrastructure Working Group, Athabasca Oil
News
Olympus Pacific hits hot holes at Phuoc Son project
Vancouver — After a short drilling hiatus, in observance of the Vietnamese new year (Tet), Olympus Pacific Minerals (OYM-V) is back drilling at the Phuoc Son joint venture in the country’s central re…
The Northern Miner — North American Mining Index (March 12, 2001)
75.98 (+2.47)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (March 12, 2001)
49.94 (-1.03)(Sept. 30/98 = 100)…
Staff Investment Policy (March 12, 2001)
The Northern Miner does not permit any editorial employee to file stories about companies in which the writer owns shares. Editorial employees are also not permitted to take part in initial public off…
Base metals gather steam
A mild uptrend brought improvements across most of the base metals complex during the report period Feb. 26-March 2, though aluminum, still recovering from the previous week’s sell-off, saw its averag…
Ashanti, AngloGold boost reserves at Geita
Geita District, Tanzania — Tanzania’s mining renaissance owes much to the pioneering spirit of Ashanti Goldfields (ASL-N) and AngloGold (AU-N), which set out, in the late 1990s, to broaden their oper…
PGM search intensifies in Ontario
An increasing interest from the majors and an ongoing price rally are adding momentum to the search for platinum and palladium deposits in northern Ontario. At last count, more than a dozen companies …
Birch audit finds ‘little precious metal’
A technical audit by outside consultants has concluded that exploration for “Prairie-style” gold mineralization in northeastern Alberta, currently being pursued by Birch Mountain Resources (BMD-V), ha…
Barrick returns to Archean roots at Buly
Bulyanhulu District, Tanzania — Even with scorched red soil and unmistakably African vegetation, it isn’t difficult to imagine the Lake Victoria gold camp as a southern cousin to Canada’s famous Abit…
Rio Algom aligns exploration strategy with Billiton
London-listed Billiton has merged the exploration activities of wholly owned subsidiary Rio Algom with its own geographically diverse exploration and development division.Projects in the Americas will…
Tres-Or adds diamond play
Vancouver-based Tres-Or Resources (TRS-V) has joined the Ontario diamond hunt.The junior recently acquired 783 claim units south of Temagami and east of Marten River, at the southern end of the Lake T…