News

Sultan ties up ground

Vancouver — With a drill rig turning on its Kena gold property, Sultan Minerals (SUL-V) has added two new properti…



New reserves found at Sleeping Giant

Underground drilling at the Sleeping Giant mine in northwestern Quebec has led to the discovery of three gold-rich lenses that could extend the mine life by at least two years.Equal owners Cambior (CB…


Fording, workers settle strike

Members of the United Steelworkers of America Local 7884 have ratified an agreement with Fording Coal that will see increased wages for workers at the mine in Elkford, B.C.Mine workers had been withou…


BHP sets out exit from Ok Tedi

Partners in the Ok Tedi copper-gold mine in Papua New Guinea’s Western Province have settled on terms for the project’s Australian operator, BHP Billiton (BHP-N), to withdraw.BHP, which owns a 52% int…


Northern Miner Indices (October 08, 2001)

NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T21.0CamecoCO-T3.9FalconbridgeFL-T5.1Franco-Nevada MiningFN-T7.0Freeport McMoRan Cop’r BFCX-N4.8Homestake MiningHM-N7.4I…



Canyon raises stakes at Briggs

Vancouver — Colorado-based Canyon Resources (CAU-X) has inked a deal with Franco-Nevada Mining (FN-T) to pick up a 2% net smelter royalty (NSR) on the first 175,000 oz. of gold produced from its Brig…


High River raises funds

Subject to regulatory approval, High River Gold Mines (HRG-T) will issue $5 million worth of covertible debentures to Sprott Securities in order to clean up its balance sheet.The non-redeemable notes,…


Goldcorp options Confederation

A letter of intent paves the way for Goldcorp (G-T) to earn a majority interest in the Confederation project of Tri Origin Exploration (TOE-V).Situated in northwestern Ontario, the property covers 35 …


PFN winds down River Valley drilling

Junior Pacific North West Capital (PFN-T) has released the final results of a fourth phase of drilling at the River Valley palladium project near Sudbury, Ont.Ninety-eight holes were sunk at the Dana …


Cdn Royalties drills Phoenix

Canadian Royalties (CZZ-V) reports encouraging platinum-palladium-gold grades at its Phoenix prospect in northern Quebec.Hole 2, drilled at minus 45 to the northeast, targeted the western part of a c…


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