Cumberland cuts more gold
Vancouver — Cumberland Resources (CBD-T) is encouraged by initial results from an ongoing $3.9-million program on the Meadowbank gold property in Nunavut.The project, 70 km north of Baker Lake, consi…
News
River Gold’s cash flow swells (September 02, 2002)
Despite lower production, River Gold Mines (RIV-T) posted a small profit of $105,957 (or nil per share) for the three months ended June 30.That compares with earnings of $739,150 (2 per share) in the…
PEOPLE (September 02, 2002)
AfriOre — Stuart Comline appointed executive chairman; and Michael van Aswegen appointed president and CEO.Ledcor Industries — Mark Blakely appointed director of marketing.
T.N.M. welcomes letters (September 02, 2002)
The Northern Miner welcomes letters to the editor on any article appearing in the paper or on any aspect of the mining industry. We reserve the right to edit letters for length or readability. Letters…
Disclosure policy benefits mining
The Canadian Securities Administrators recently adopted National Policy 51-201 — Disclosure Standards, which addresses concerns regarding selective disclosure. Selective disclosure occurs when a publ…
iPasin de Espaa?
One grows used to the odd misrepresentation by a politician, but to hear one so leavened with coarseness as a comment by Loyola de Palacio del Valle-Lersundi last month caught us by surprise.Ms. de Pa…
News – 02-SEP-02
Ashton, Soquem step up work in Otish Mountains
Encouraged by the size of the diamonds recovered from the Renard cluster of kimberlitic intrusions in the Otish Mountains region of north-central Quebec, the Ashton Mining of Canada (ACA-T) and Soquem…
Sulliden set to acquire Peruvian deposit
With $150,000 in hand from a recent private placement, Montreal-based Sulliden Exploration (SUE-T) has inked a letter of intent to acquire Peru’s Shahuindo gold property from Compania Minera Algamarca…
Freegold looking to feed Fort Knox
Fairbanks, Alaska — With what appears to be an upturn in the gold market, International Freegold Mineral Development (ITF-V) is focusing its exploration efforts on Alaska.The company’s flagship prope…
US markets reverse course
In another typical display of these troubled times, U.S. markets reversed course to finish the Aug. 21-27 report period worse off than when they started.The Dow Jones Industrial Average slipped 47.66 …
Seabee grades dog Claude (September 02, 2002)
Beset with lower-grade ore from the Seabee gold mine in Saskatchewan, Claude Resources (CRJ-T) finished the first half of 2002 about $3 million in the red.The loss translates into 7 per basic and dil…