Rio Narcea sees red
Lower grades from a transition zone at the Boinas East pit took a bite out of Rio Narcea Gold Mines’ (RNG-T) gold p…
2001
Northgate expands Kemess North project
Vancouver — Drilling has enabled Northgate Exploration (NGX-T) to expand inferred resources at its Kemess North project, 7 km north of the Kemess South gold-copper mine in western British Columbia.Ke…
Copper-gold find sparks interest in Aussie markets
Australian-listed Minotaur Resources and partner BHP Billiton (BHP-N) have discovered what could be a significant Olympic Dam-style copper-gold deposit in the Mt. Woods area of South Australia.Minotau…
Hedgers battle non-hedgers
Normandy Mining’s board of directors has recommended shareholders accept the takeover bid made by Newmont Mining.Newmont arrived in mid-November as a white knight to outbid AngloGold, which had offere…
News – 26-NOV-01
Northern Orion drops South African gold deal
Northern Orion Explorations (NNO-T) has dropped a deal to acquire Ditchburn Management, which holds a 12-month option to acquire up to a 90% interest in President Steyn Gold Mines of South Africa.Nort…
Age of BC ‘blondes’ clarified
I read with interest the commentary by David Lefebure regarding platinum group element potential in British Columbia (T.N.M., Nov. 12-18/01) and would like to comment on one item.In describing the cop…
Long-term outlook good for platinum group metals: book
Over the next 10 years, palladium prices will decline while platinum will reclaim its price superiority.That’s among a host of predictions offered in Platinum Group Metals: World Resources, Economics …
Gov’t hints at GSB cuts
The government of British Columbia is considering cutting or reassigning a large part of the staff of the province’s Geological Survey Branch.Energy and Mines Minister Richard Neufeld said in a televi…
Junior companies target tantalum prospects
Vancouver — The lacklustre performance of most traditional metals has induced several junior companies to begin exploring for tantalum in earnest.Global demand for tantalum has accelerated dramatical…
Grab samples augur well for Freewest in New Brunswick
Sackville, N.B. — Freewest Resources Canada (FWR-V) has discovered gold-bearing boulders and frost-heaved sub-crop within a prominent, multi-element glacial till anomaly at the Clarence Stream proper…
Northern Miner Indices (November 26, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T18.7FalconbridgeFL-T5.9Franco-Nevada MiningFN-T6.5Freeport McMoRan Cop’r BFCX-N5.3Homestake MiningHM-N6.4IncoN-T9.4Newm…