Wheaton sells George Lake
Junior gold producer Wheaton River Minerals (WRM-T) has arranged to sell its George Lake project, near Bathurst Inlet in Nunavut, to Kinross Gold (K-T) in return for 4 million shares, worth about $6 m…
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Ontario restores Kam Kotia mine site
The Ontario government will contribute nearly $7 million toward rehabilitating the historic Kam Kotia copper-zinc-silver mine, near Timmins.The money will be used, in part, to build an interceptor dit…
Major gold exhibit on view in Vancouver
An multi-million-dollar exhibit of ancient and modern gold artifacts is on display at the Pacific Mineral Museum in Vancouver B.C., until Nov. 4.Titled Gold: A Celebration of Beauty, Passion and Treas…
Rio Tinto takes bulk sample from Aredor project
A field season of exploration at the joint-ventured Aredor concession in Guinea has culminated in Rio Tinto’s (RTP-N) taking a 500-tonne test sample of the multi-phase K23 kimberlite.The major can ear…
To analysts: the sky is not falling
The pessimism over the economy that is being preached by star-gazing analysts leaves me on the high side of investor rage.As the commerce barometer retreats from five years of breaking the sound barri…
Fort Knox inches closer to Inco properties
Vancouver — Fort Knox Gold Resources (FNX-T) has moved a step closer in its attempt to acquire five of Inco’s (N-T) properties in Ontario’s Sudbury Basin.The nickel giant has signed a non-binding let…
Ontario gives financial aid to CAMESE
The Ontario government will provide $50,000 to the Canadian Association of Mining Equipment and Services for Export (CAMESE) in an effort to improve the organization’s export marketing activities.”The…
Tiberon expands tungsten project
Vancouver — Results from ongoing drilling have prompted Tiberon Minerals (TBR-V) to increase its land holdings around the Nui Phao tungsten project, 80 km north of Hanoi, Vietnam.The program continue…
CDNX sinks as warships set sail
Vancouver — With U.S. forces assembling in the Persian Gulf, the prospect of a prolonged “battle against terrorism” took its toll on Canada’s junior exchange during the week ended Sept. 25. The Canad…
GREATEST VALUE TRADED, SEPT. 19-25
ExchgVal($000s)HighLowCloseChangeAlcoa*N82523830.6327.3630.04-0.16…
Hucamp bullish on historic Alexo project
Channel sampling by Hucamp Mines (YHU-V) has returned encouraging nickel and platinum-group-element (PGE) assay values along strike of the historic Alexo mine, near Timmins, Ont.Mechanical stripping e…
CVG explores options at Las Cristinas
Vancouver — Since the early 1990s, when a host of foreign companies entered southeastern Venezuela in search of large gold deposits, the advancement of the historical Kilometre 88 mining district has…