News

Wheaton hungry for Alumbrera stake (March 31, 2003)

Having just acquired Rio Tinto’s (RTP-N) quarter-stake in the Bajo de la Alumbrera gold-copper mine in Argentina, Wheaton River Minerals (WRM-T) is about to acquire another quarter-interest in the ope…


Sparton, Beaufield drill for Hemlo gold

Juniors Sparton Resources (YSP-V) and Beaufield Consolidated Resources (BFD-V) have begun drill-testing several gold targets in the Hemlo region of northern Ontario.At the recently acquired Qued proje…


Gahcho Kue reveals dykes

Drilling by the Canadian exploration division of De Beers has encountered kimberlite intersections on the Kelvin and Faraday bodies, north of the Kennady Lake cluster, at the Gahcho Kue joint venture …






South Atlantic confirms Norrbotten find

Vancouver — Re-analysis of old drill core has confirmed a high grade copper-gold intercept at the Lieteksavo target, part of the Norrbotten project in Sweden.South Atlantic Ventures (SAA-V) reports t…


Luscar pulls plug at Obed

A flood of thermal coal on international markets has squeezed prices and forced Luscar to suspend production at its Obed Mountain mine, 30 km west of Hinton, Alta.The operation’s 110 employees will be…


NDT Ventures raises $1.2m

Vancouver — NDT Ventures intends to raise $1.25 million by selling 66 million units priced at 18 each, with proceeds earmarked for exploration of the Fury, Sarcpa and Gem diamond properties in Nunav…


Midway drills North prospect in Nevada

Vancouver — Drilling is enabling Midway Gold (MDW-V) to evaluate one of several targets at its project in Nevada’s Nye Cty.Initial prospecting at the target, known as North, identified mineralization…


LME Warehouse Levels (March 31, 2003)

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, March 25 (change from March 18 in brackets):MetalStock(tonnes)ChangeAluminium1262265(…


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