More gold at Donlin
Ongoing drilling by NovaGold Resources (NRI-T) has extended high-grade gold mineralization at the Donlin Creek project in southwestern Alaska.Situated 480 km west of Anchorage, Donlin Creek hosts a re…
News
Philex sees potential for second porphyry (October 15, 2001)
Vancouver — Philippine copper porphyry deposits typically occur in clusters and partners Philex Gold (PGI-V) and Anglo American (AAUK-Q) are hoping that the region around their new Boyongan prospect …
APGO welcomes first members
The Association of Professional Geoscientists of Ontario (APGO) is ready to begin registering geoscientists who meet membership criteria.The registration process follows regulations outlined in the Pr…
First Quantum expands Lonshi resource (October 15, 2001)
A 390% increase in the size of the Lonshi copper deposit sets the stage for First Quantum Minerals (FM-T) to expand its nearby Bwana Mkubwa solvent extraction-electrowinning plant in Zambia.The Lonshi…
Emission standards boost rhodium use
The market for rhodium in 2000 was characterized by strong consumer demand and tight physical availability, the combination of which caused the price to rise to just over US$2,000 per lb. at the end o…
SouthernEra expands PGM portfolio
In South Africa, SouthernEra Resources (SUF-T) has nabbed another 9 km of the Bushveld’s UG2 and Merensky reefs, which, combined, host the world’s largest platinum deposits.SouthernEra currently explo…
Knut Kuhner
Prospector Knut Kuhner, who discovered the platinum group metals (PGM) deposit that later became the Lac Des les palladium mine, has died. He was 73.Born in Hamburg, Germany, Kuhner came to Port Arth…
Heritage raises funds
Junior Heritage Explorations (HXL-V) has raised $300,000 by issuing 3 million treasury shares. The placement came with an equivalent number of warrants, which are exercisable at 10 apiece within the …
De Beers to test unusual diamond occurrence at Festival
The Canadian exploration division of De Beers Consolidated Mines, now a subsidiary of Anglo American (AAUK-Q), will process a 100-tonne sample from the Cristal showing on the Festival diamond property…
Legris gets another look
A 1,000-metre drill program is testing for mineralized extentions at the Legris Lake polymetallic project near Thunder Bay, Ont.The property is split evenly between Avalon Ventures (AVL-V) and Starcor…
RJK, GLR pull values at Stares
RJK Explorations (RJX.A-V) and GLR Resources (GRS-T) have intersected base metal sulphide mineralization in two holes on their jointly held Stares property, 50 km west of Thunder Bay, Ont.The holes te…
Teck Cominco braces for recession (October 15, 2001)
Vancouver — Plunging base metal prices have prompted Teck Cominco (TEK-T) to reduce the carrying value of non-operating properties by $154 million and take other non-cash charges of $15 million.The m…