News
PEOPLE (October 01, 2001)
Atna Res. — James Hesketh appointed director.Iriana Res. — Michael Thirnbeck appointed general manager.Mazarin — Francois Goyette appointed general manager.Nord Pacific…
Gold Funds (October 01, 2001)
Gold Funds as of September 20, 2001Dundee Precious MetalsCentral FundNet Value$14.01$5.68Price$11.00$5.50…
‘Silvery Slocan’ rides again
The “Silvery Slocan” mines, among the most famous in British Columbia’s history, have emerged from the obscurity of the past, and ghost mining towns are warming with life again.Caught in the rush of t…
Namco secures more funds
An arms-length loan provides Namibian Minerals (NMR-T) with US$6 million to continue marine diamond production off the coast of the southwest African nation.The loan, provided by a subsidiary of the c…
Field trip examines steel-making
The Toronto branch of the Canadian Institute of Mining, Metallurgy & Petroleum will hold a field trip on Oct. 15 to demonstrate the steel-making process.Participants will visit Larfarge Canada’s Dunda…
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…
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…