Northgate expands Kemess North project
Vancouver — Drilling has enabled Northgate Exploration (NGX-T) to expand inferred resources at its Kemess North project, 7 km north of the Kemess South gold-copper mine in western British Columbia.Ke…
News
Copper-gold find sparks interest in Aussie markets
Australian-listed Minotaur Resources and partner BHP Billiton (BHP-N) have discovered what could be a significant Olympic Dam-style copper-gold deposit in the Mt. Woods area of South Australia.Minotau…
Hedgers battle non-hedgers
Normandy Mining’s board of directors has recommended shareholders accept the takeover bid made by Newmont Mining.Newmont arrived in mid-November as a white knight to outbid AngloGold, which had offere…
Age of BC ‘blondes’ clarified
I read with interest the commentary by David Lefebure regarding platinum group element potential in British Columbia (T.N.M., Nov. 12-18/01) and would like to comment on one item.In describing the cop…
Long-term outlook good for platinum group metals: book
Over the next 10 years, palladium prices will decline while platinum will reclaim its price superiority.That’s among a host of predictions offered in Platinum Group Metals: World Resources, Economics …
Gov’t hints at GSB cuts
The government of British Columbia is considering cutting or reassigning a large part of the staff of the province’s Geological Survey Branch.Energy and Mines Minister Richard Neufeld said in a televi…
Diamondex gains ground
Randy Turner’s Diamondex Resources (DSP-V) has struck an agreement to acquire a 70% interest in the Peregrine property in Nunavut.Situated in the emerging Coronation Bay kimberlite camp, 520 km north …
Ashton boosts offering to $8m
Higher-than-expected demand for a $3-million brokered flow-through financing priced at a $1.10 per unit has led Ashton Mining of Canada (ACA-T) to raise an additional $1 million under the same terms.A…
Southern Rio gains BC foothold (November 26, 2001)
Shifting its focus from South America to precious metal properties in Canada, Southern Rio Resources (SNZ-V) has inked a deal to acquire the Duke copper property, 30 km west of Merritt, B.C.In return,…
Consolidation afoot in Free State
Joint bidders Harmony Gold Mining (HGMCY-Q) and African Rainbow Minerals (ARM) have succeeded in their offer to buy the Free State assets of AngloGold (AU-N) for R2.2 billion in cash.R1.8 billion is p…
Platosa yields mixed results (November 26, 2001)
Vancouver — Three drill holes at the Platosa base metal property in west-central Mexico have returned significant mineralization for Excellon Resources (EXN-V).Two of the holes tested the lateral off…
GREATEST VALUE TRADED, NOV. 14-20
ExchgVal($000s)HighLowCloseChangeFranco-NevT93366825.1021.9023.200.00…