Eastmain sees deep zones at Clearwater
Initial results from an 18-hole drill program at the Clearwater project in the James Bay region of Quebec have traced shallow gold mineralization to a vertical depth of 500 metres, a result that has t…
News
Obituary: Donald Parrott
Donald Parrott, author and historian of the Red Lake mining district, has died. He was 86.Parrott was born in Winnipeg, Man., and spent his formative years in nearby Grandview. When he was eight, Parr…
First Au, Wolfden hit gold at Red Lake
Vancouver — A 9-hole drilling program by partners Wolfden Resources (YWO-V) and First Au Strategies (FAV-V) has confirmed that gold mineralization extends below the historical workings on the once-pr…
Crew’s Nalunaq ore headed south
High-grade ore from Crew Development’s (CRU-T) 82%-owned Nalunaq gold deposit in Greenland will be processed at Richmont Mines’ (RIC-T) Nugget Pond mill in Newfoundland.A memorandum of understanding c…
Campbell struggling after weak third quarter
Campbell Resources (CCH-T) is looking to turn around operations at the Joe Mann mine, south of Chibougamau, Que., after production problems left the company with a loss of $2.9 million in the three mo…
Silver Standard sets sights on Maverick Springs
Vancouver — Silver Standard Resources (SSO-V) is looking to form a joint-venture deal with Colorado-based Vista Gold (VGZ-T) to acquire all the silver resources hosted in the Maverick Springs gold-si…
JP Morgan dispels rumours
The gold bugs watched in glee as their arch nemesis, JP Morgan, the counterparty to most gold-derivatives trading, issued a statement that refuted rumours it had recently lost upwards of US$17 billlio…
LME Warehouse Levels (November 18, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 12 (change from Nov. 5 in brackets):MetalStock (tonnes)ChangeAluminium1285950(-1…
Patricia tables new resource at Island Gold
A revised resource estimate at the Island Gold property in the Goudreau-Lochalsh area, northeast of Wawa, Ont., indicates a large, low-grade gold deposit.Patricia Mining (PAT-V), which is operating th…
Renard 7, 8 prove diamondiferous
The two most recent Renard kimberlite finds in the Otish Mountains region of north-central Quebec are diamond-bearing.Joint-venture partners Ashton Mining of Canada (ACA-T) and Soquem have confirmed t…
Spot Prices Wed. November 13, 2002
Precious MetalsPrice (US$/oz.)ChangeGold$323.20+$5.70Silver$ 4.57+$0.07Platinum$591.50+$…
Northern Miner Indices (November 18, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T21.9%FalconbridgeFL-T4.2%Freeport BFCX.B-N5.0%GoldcorpG-T5.2%IncoN-T7.7%Meridian GoldMNG-T4.7%Newmont MiningNEM-N24.8%Noranda…