Oliver poised to merge with private company
Vancouver — Oliver Gold (OGO-V) has proposed merging with privately owned Hastings Resource, which holds the rights to the Ona-Puma nickel laterite project, in the northern Brazilian state of Par.H…
News
Twin Mining tests Cargo 1 find
Twin Mining (TWG-T) completed summer drilling at the Jackson Inlet property in Nunavut by sinking a second hole into the Cargo 1 kimberlite discovery to delineate the pipe.Drilled at a right angle to …
Geomaque ups Marathon
Drilling and core sampling by Geomaque Explorations (GEO-T) has upped the resource estimate at the Marathon palladium project in Ontario’s Hemlo camp.The total measured and indicated resource now stan…
Rio drills Cukurdere
Having already exceeded their 2001 drilling budget at the Cukurdere gold project in Turkey, Anatolia Minerals Development (YMC.U-V) and Rio Tinto (RTP-N) have earmarked another $500,000 for follow-up …
Northern Miner Indices (October 29, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T18.7FalconbridgeFL-T5.9Franco-Nevada MiningFN-T6.5Freeport McMoRan Cop’r BFCX-N5.3Homestake MiningHM-N6.4IncoN-T9.4Newm…
Imperial project granted new lease on life
Vancouver — The stalled permitting process for Glamis Gold’s (GLG-T) Imperial project in Southern California got a…
Cambior post loss on lower revenue
Cambior (CBJ-T) has posted lower earnings for the three months ended September 30, owing to lower revenues and adju…
CVRD eyes copper in Brazil (October 26, 2001)
Vancouver — The world’s largest producer of iron ore has inked a US$42.5-million deal with Phelps Dodge (PD-N) to…
Stillwater rethinks East Boulder
Platinum producer Stillwater Mining (SWC-N) posted net income of US$10.3 million (or 26 per share) for the third q…
NNO lines up African gold miner
Vancouver-based Northern Orion Explorations (NNO-T) has inked an agreement to acquire a 100% interest in Ditchburn…
Trading Summary (October 26, 2001)
Bargain hunters helped the Toronto Stock Exchange to a 61.21-point gain to end the week at 7,004.9 points on Friday…
Getchell drags down Placer (October 25, 2001)
Vancouver — A US$292-million write down on the Getchell mine in Nevada pushed North America’s fourth-largest gold…