Resource boost at Kemess
Vancouver — Northgate Exploration (NGX-T) has expanded the mineralized inventory at its Kemess North deposit in north-central British Columbia.Kemess North is 5.5 km north of the South pit, which is …
News
Partners active near Red Lake
Vancouver — Partners Rubicon Minerals (RMX-V) and AngloGold (AU-N) have begun a 450-metre program of diamond drilling at the Norseman geophysical target, 30 km northeast of Red Lake, Ont.Ground magne…
WAMIC to host ‘Night of the Groundhog’
The Women’s Association of the Mining Industry of Canada (WAMIC) Foundation is inviting miners in the Toronto region to shake off the winter blues at a special fund-raising event titled “The Night of …
Muskox dips on results
The much-anticipated drill results from the Keel 1 West geophysical anomaly turned out to be a fizzle of low grades. The anomaly is the smaller of two outlined in the Muskox layered intrusion, about 5…
Kennecott, Montello eye targets in Manitoba
Based on results from regional till sampling and follow-up airborne magnetic geophysics on the Poplar diamond project in Manitoba, Kennecott Canada Exploration and its partner, Montello Resources (MEO…
Torngat yields larger gems
The AD2 site at Twin Mining’s (TWG-T) Torngat diamond property, on the Ungava Peninsula of northern Quebec, has yielded its largest diamond yet.AD2 is one of two sites from which 8-tonne samples of th…
Falco cuts Kidd output
Production has been halted by Falconbridge (FL-T) at a portion of its Kidd Creek copper-zinc operation, in Timmins, Ont., following a ground movement after blasting late last year.The company says pro…
Tan Range cuts new zones at Luhala
Channel sampling on Tan Range Explorations’s (TNX-V) Luhala gold property in Tanzania has turned up eight new mineralized zones in an area measuring 550 by 150 metres.The zones run parallel to each ot…
The Northern Miner — North American Mining Index (January 29, 2001)
73.75 (+2.14)(Sept. 30/98 = 100)…
SouthernEra beefs up management, reduces debt
In a move aimed at strengthen- ing its operations, SouthernEra Resources (SUF-T) has appointed two South African miners to run the company.SouthernEra has been searching for new chief executive and op…
Gold shines through auction
Denver — The Dow Jones industrial average was quiet during the report period ended Jan. 23, moving down 9.85 points, or 0.1%, to 10,649.81, while spot gold perked up to US$266.10 on the Comex divisio…
Low prices hit Placer Dome
The harsh realities of operating gold mines in a stagnant low-price environment have forced Placer Dome (PDG-T) to write down the value of certain assets and reduce reserves and resources at various e…