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…
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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…
Greenland drilling uncovers kimberlite dyke
Joint-venture partners Citation Resources (CUE-V), Cantex Mine Development (CD-V) and BHP Billiton (BHP-N) wrapped up a field season in western Greenland by testing seven targets with 1,000 met…
Eastmain hits sulphides
Drilling by Eastmain Resources (ER-T) at the Railroad property near Bathurst, N.B., has intersected some thin, but extremely high-grade zones of massive sulphides.Six holes were drilled on the Railroa…
New drilling at La Bolsa
Fischer-Watt Gold (FWGO-O) has contracted for a new drill program at the La Balsa project in Michoacan state, to provide data for a full feasibility study.The company’s prefeasibility study on La Bals…
Grupo Mexico subsidiary takes credit hit
Bond rating house Fitch IBCA has downgraded the credit rating of Grupo Minera Mexico, the major domestic operating subsidiary of Grupo Mexico.Minera Mexico, which is the direct owner of Grupo’s Canane…
Gammon Lake advances Ocampo to feasibility
Having wrapped up an extensive drilling campaign at its Ocampo gold-silver project in Mexico earlier this year, Gammon Lake Resources (GAM-T) is raising more funds and setting its sights on completing…