Excellon parts with portion of Platosa JV
Vancouver-based Excellon Resources (EXN-V) has decided to part with a third of its stake in a joint venture with Apex Silver Mines (SIL-X) for just less than $1.3 million.Excellon is earning a 51% int…
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Cornerstone explores central Nfld
Junior Cornerstone Capital Resources (CTP-V) is gearing up to renew exploration at its Paul’s Pond and Island Pond gold properties in central Newfoundland.Paul’s Pond overlies 7.5 sq. km of the Ordovi…
European Goldfields drills Sacaramb (April 22, 2002)
European Goldfields (EGU-V) has begun drill-testing the Sacaramb target, near the company’s 80%-owned Certej project in Romania. The program will consist of six holes, or 1,800 metres.Angled holes, sp…
PacMin drill-tests JBS property in China
Vancouver — Pacific Minerals (PMZ-V) has launched a 2,500-metre program of underground drilling on its JBS nickel-copper-platinum-palladium property in southwestern China.Based on government resource…
Northern Miner Indices (April 22, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T25.5CamecoCCO-T4.1FalconbridgeFL-T5.3Franco-Nevada MiningNMC-T7.0Freeport McMoRan Cop’r BFCX-N5.7IncoN-T9.2Newmont Mini…
Calgary forum looks at Athabasca deposits
The annual Calgary Mining Forum will be held April 24-25 at that city’s Ramada Downtown Hotel. The event will include technical sessions on exploration for diamonds in western Canada and on genetic an…
Trading Summary (April 19, 2002)
The Toronto Stock Exchange ended the week on a high note gaining 81.49 points or 1% to hit 7,818.11. The pipelines…
Minotaur cuts more big grades
Vancouver – Junior Minotaur Resources has tabled more impressive results from the Prominent Hill prospect on the Mt…
Falconbridge beats the street
With increased production, lower costs and rebounding nickel prices, Falconbridge (FL-T) posted better-than-expecte…
Eldorado restates earnings (April 19, 2002)
Vancouver – The finding that a 1994 US$10 million convertible debenture should have been treated as a debt instrume…
DRC inks formal settlement with Banro
At a ceremony in Kinshasa, the Government of the Democratic Republic of the Congo has formally signed a settlement…
WMC puts split vote on hold (April 19, 2002)
Diversified Aussie miner WMC (WMC-N), says it will postpone a vote by shareholders on its plan to divide itself int…