Sultan Minerals cuts gold at Kena project
Vancouver — Initial results from ongoing drilling by Sultan Minerals (SUL-V) are comfirming the bulk-tonnage potential of the Silver King porphyry on the Kena gold property, near Nelson in southeaste…
News
US interest rate cut gives TSE a jolt
Buoyed by another cut in interest rates south of the border, the Toronto Stock Exchange 300 index rose 136.31 points over the holiday-shortened week of June 27-July 3 to finish the period at 7,748.32….
State unveils map of Duluth complex
The Minnesota Geological Survey has released a preliminary map of the Duluth complex in the state’s northeastern region.The map, which is based on old and new geological data collected over 40 years, …
Analyst sees Namco rising from watery grave
Marine diamond mining is a high-risk business, as Namibian Minerals (NMR-T) discovered earlier this year when its NamSSol crawler system split in two while being recovered from the sea-bed in coastal …
Sulphides found at Stares
Vancouver — After years of chasing the source of high-grade ploymetallic boulders, partners RJK Explorations (RJX.A-V) and Greater Lenora Resources (GEN-T) have uncovered a 10-metre-wide zone of sul…
MOST ACTIVE ISSUES, JUNE 27-JULY 3
ExchgVol(000s)HighLowCloseChangeBarrick Gold*N1102315.3914.2014.84-0.71…
PEOPLE (July 09, 2001)
Boliden — Jan Johansson appointed president and CEO.Dia Met — Kowie Strauss appointed chairman; Graham Nicholis, appointed president, CEO and director; Chris Ryder appointed company secretary and CF…
Partners OK budget for Carat
Vancouver — Partners Diamondex Resources (DSP-V) and Tyler Resources (TYS-V) have approved a $860,000 summer exploration program on the Carat diamond property, some 350 km northeast of Yellowknife, N…
Grades confirmed at Magistral project
Vancouver — The first eight holes of this year’s drill program over the Magistral copper porphyry-skarn property in Peru have returned encouraging grades for partners Inca Pacific Resources (IP-V) an…
Virginia forms partnership with Placer Dome
Weeks after announcing a “strategic alliance” with Noranda (NRD-T), Virginia Gold Mines (VIA-T) has teamed up with Placer Dome (PDG-T) to explore for precious metals in the Labrador Trough regi…
Northern Miner Indices (July 09, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T18.8ComincoCLT-T4.9FalconbridgeFL-T5.9Franco-Nevada MiningFN-T6.3Freeport McMoRan Cop’r BFCX-N5.0Homestake MiningHM-N6….
Noranda eyes El Pachon (July 09, 2001)
Vancouver — In an effort to increase its mining exposure in South America, Toronto-based Noranda (NRD-T) has signed a letter of agreement with Montreal-based Cambior (CBJ-T) and Bolivia’s Comsur to a…