News

NAME CHANGES (March 11, 2002)

International Riley (IRR-V) has changed its name to Wind River Resources (WRR-V) on a 1-new-for-5-old-share basis.Island-Arc Resources (IAR-V) has changed its name to Island Arc Exp…


Jonpol nabs Red Lake ground

Junior Jonpol Explorations (JON-T) has acquired a small gold property in the Red Lake area of northern Ontario.The Toronto-based company paid $14,000 and must pay an additional $50,000 by 2004. The ve…


Newmont to grab remaining Normandy shares

Having acquired more than 90% of Normandy’s outstanding shares, Newmont Mining (NEM-N) plans to exercise its rights under Australian law and acquire all the shares of Normandy it does not already own….


Coeur d’Alene buys Martha

A deal with Yamana Resources (YRI-T) will see Coeur d’Alene Mines (CDE-N) acquire the high-grade Martha underground silver mine on the Bacon property in the southern Patagonia region of Argentina.In r…


LME Warehouse Levels (March 11, 2002)

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, March 5 (change from Feb. 26 in brackets):MetalStock (tonnes)ChangeAluminium934350(+1…



Turmoil rocks Durban Deeps

Over the report period ended March 5, another blow was struck against the image of South Africa as a serious gold-mining country: the country’s government took the unusual step of barring Durban Roode…



Liberty targets McWatters

Junior Liberty Mineral Exploration (LBE-V) is attempting to raise $750,000 through a private-placement offer of 5 million units.Each unit consists of a share and a warrant; the latter entitles the hol…


TGW active at Dona Amanda

Drilling has started at the Dona Amanda copper project in the Dominican Republic.Under operator TGW (GWC-V), the program will test a series of induced-polarization (IP) anomalies, extending on a 4-km …


In its previous incarnation as Cambiex Exploration, Hope Bay Gold carried out extensive gold exploration in the Guiana Shield with partners Cambior, Guyanor Resources and Golden Star Resources. Pictured above is Guyanor's former St. Elie/Dieu-Merci project in French Guiana.

Miramar Mining merges with Hope Bay Gold

In a move long-anticipated by the market, Miramar Mining (MAE-T) and joint-venture partner Hope Bay Gold (HGC-T) have agreed, in principle, to merge and thereby consolidate their ownership of the pros…


Canico proves up Onca-Puma in Brazil

Vancouver — Going from successful gold explorers to a nickel producer may seem like a daunting task, but the management team behind Canico Resources (CNI-V) plans on doing just that by advancing one …


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