De Beers gains patch on Baffin Island
News that the Canadian exploration division of De Beers has tied up more than 28,000 sq. km in prospecting permits across northern Baffin Island could put the spotlight on Twin Mining’s (TWG-T) Jackso…
Atlanta Gold Inc
Higher spending in Quebec
Total exploration and appraisal spending in Quebec in 2001 increased by 15% to reach $119 million in 2001 (this includes $73.7 million in off-minesite spending and $45.2 million in minesite spending),…
Investment Commentary — Best bets for 2002, Part 2
The Northern Miner asked five market watchers of the junior mining and exploration sector to offer recommendations and opinions for the year ahead. In the previous issue, we heard from John Kaiser of …
Exploration companies tightened belts in 2001
With prices for base and precious metals sagging, funding for exploration has become scarce, a fact borne out by Halifax-based Metals Economic Group’s latest study of exploration budgets for 679 compa…
Twin Mining shareholder gushes over Jackson Inlet diamonds
Antwerp-based Diamond Trading N.V. has provided Twin Mining (TWG-T) with a glowing assessment of 86 diamonds found in a 18.41-tonne sample collected from the Freightrain kimberlite at the Jackson Inle…
Twin recovers 1-carat stone from Baffin Island
Twin Mining (TWG-T) has recovered several commercial-size stones, including one weighing one carat, from test pits on the Freightrain kimberlite prospect at Baffin Island in Nunavut.This past spring, …
Mixed results at Alluviaq Fjord
Despite recovering some commercial-size stones from the Torngat 1 dyke in the Alluviaq Fjord area of northern Quebec, Twin Mining’s most recent surface sampling would seem to confirm the structure’s l…
Base metals survive sinking composite index
The Toronto Stock Exchange performed dismally during the report period Feb. 7-13, with the TSE 300 composite index sliding 359.27 points in five trading days and finishing at 8,942.13. The banks and t…
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…
Twin Gold extends discovery
Sampling by Twin Gold Mining (TWG-T) has turned up more evidence of kimberlite dykes along a magnetic anomaly trend on the Torngat diamond project on the eastern side of Ungava Bay in northern Quebec….