Placer cuts Madsen updip
Drilling by Placer Dome (PDG-T) at Claude Resources (CRJ-T) has intersected four zones of gold mineralization at the historic Madsen mine in Ontario’s Red Lake camp.The effort was aimed at testing for…
2001
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…
Campbell renews exploration efforts at Joe Mann
Campbell Resources (CCH-T) is hoping that a new round of exploration and development work, now under way at its Joe Mann gold mine near Chibougamau, Que., will lead to a longer life once commercial op…
Pacific NW Capital explores River Valley
With another $2.3 million in the till, Pacific North West Capital (PFN-T) is resuming exploration drilling at its River Valley platinum-palladium project, near Sudbury, Ont.To date, 138 holes at the D…
Esquel looking good for Brancote
The Esquel gold project in southern Argentina has enough reserves to sustain a proposed 5,000-tonne-per-day open-pit mine for 6.5 years, and London-based Brancote Holdings believes it can find additio…
Glamis poised to enlarge Marigold operation
A study has confirmed the feasibility of expanding the Marigold mine in Nevada’s Battle Mountain trend.Reno-based Glamis Gold (GLG-T) says the study estimates minable resources (proven and probable re…
Breakwater writes off Caribou mine
Demonstrating the damage caused by record-low zinc prices, Breakwater Resources (BWR-T) has turned in a whopping $102-million loss for the first nine months of 2001.Spot zinc began the year at US46.2…
Trading Summary (November 23, 2001)
The Oil & Gas subindex stood out again on The Toronto Stock Exchange on Friday surrendering most of Thursday’s gain…
Philex pulls plug on Bulawan
Vancouver — Low gold prices and a high debt load has Philippine producer Philex Gold (PGI-V) relying more heavily…
Normandy mailer stymied
The Australian Takeover Panel has temporarily barred Normandy Mining (NDY-T) from mailing to its shareholders a rec…
Golden Cariboo ups BC properties
Vancouver — Continuing to add ground to its portfolio of properties in the historical Cariboo mining district of B…
Low grades continue to dog Claude
Lower gold grades at the Seabee gold mine in Saskatchewan dragged Claude Resources to a net loss of $698,000 during…