First Quantum forges ahead at Kansanshi
A positive engineering report has prompted First Quantum Minerals (FM-T) to proceed with a bankable feasiblity study of the Kansanshi copper-gold deposit in Zambia.Kansanshi is Zambia’s oldest mine, d…
News
Licensure closing in
Ontario geologists and geophysicists may find it wise to watch the calendar this summer. At the end of August, their livelihood may depend on having a professional licence.The Geoscientists Act, passe…
St Andrew execs take the reigns at UTX (July 01, 2002)
St Andrew Goldfields (SAS-T) has assumed a 33% stake in United Tex-Sol Mines (UTX.A-V).Glenn Laing and Julian Kemp, president and chief financial officer, respectively, of St Andrew, now hold the same…
Northern Miner Indices (July 01, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)BarrickABX-T21.9%CamecoCCO-T3.6%FalconbridgeFL-T4.7%Freeport BFCX.B-N5.7%GoldcorpG-T3.2%IncoN-T7.9%Meridian GoldMNG-T2.5%Newmont Minin…
Western Copper confirms continuity of Chile Colorado zone
Vancouver — Initial results from an ongoing, 6,800-metre drill program on the Penasquito silver property in Mexico have confirmed the mineral continuity of the Chile Colorado zone.Based on results fr…
Eldorado ups Kisladag
Vancouver — Eldorado Gold (ELD-T) has incorporated this year’s drill results into a resource estimate for the Kisladag project in western Turkey.The 4,565 metres drilled in 2002 have helped define th…
PGMs bullish in May
The investor and dealer selling that had undermined the platinum price in late April eased in early May, and physical demand provided a solid floor around US$520 per oz.The positive fundamentals for p…
Cdn. Royalties targets Ungava’s board
The fight between Canadian Royalties (CZZ-V) and Ungava Minerals (UNGV-CUB) has taken a twist, with the former, via a numbered subsidiary company, launching a 10-per-share cash bid for 51% of the lat…
Marshall Fork yields 17-carat diamond
Partners Diamond Fields International (DFI-T) and South African-based Trans Hex Group have recovered a 17-carat alluvial diamond off the coast of Namibia, near the town of Luderitz.The stone, which ca…
Another Hemlo?
A mere six years have elapsed since news of the fabulous Hemlo discoveries rocked the mining world. Yet details of another gold discovery, which displays geological parameters of Hemlo-size proportion…
Golds still have legs: Allan
In a series of reports released in June, Research Capital mining analyst Barry Allan takes a look at the gold sector and concludes it still has room to move higher.First, he examines the relationship …
Micon finds alliances expand reach
Mineral industry consulting firm Micon International has found that non-exclusive alliances, such as the one it announced in late May with poject-management and technology firm Wardrop Engineering (T….