Eagle River lifts River Gold off ground
With higher-grade development ore coming from the no. 6 zone at the Eagle River mine, 50 km west of Wawa, Ont., River Gold Mines (RIV-T) managed to climb back into the black during the second quarter….
News
Falco eyes Vulcan’s Labrador prospect
Falconbridge (FL-T) has entered into an agreement with St. John’s, Nfld.-based Vulcan Minerals (VUL-V) to earn up to a 65% interest in a nickel sulphide prospect some 50 km northwest of the Voisey’s B…
Rockinghorse yields large number of stones
Additional microdiamond results from the newly discovered Anuri pipe on Tahera’s (TAH-T) Rockinghorse property in Nunavut indicate that the kimberlite body is significantly diamondiferous.Six hundred …
Hunt heats up in Quebec
Ashton Mining of Canada (ACA-T) is preparing to drill-test several targets this fall at its Otish Mountains joint-venture project in north-central Quebec.Ashton flew a geophysical survey over the Otis…
Rio Narcea slips back into red (September 03, 2001)
Unable to maintain the record-setting production rate attained in the first quarter, Rio Narcea Gold Mines (RNG-T) incurred a net loss of US$474,500 (or 0.07 per share) during the three months ended …
Metal Prices (September 03, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateAugust 28August 27August 24August 23August…
Gartner Lee did not perform EIA
There was an error in the the article “Diavik team wins award,” in the July 9-15 issue.Under the environmental assessment act, an environmental impact assessment (EIA) is undertaken by a project propo…
Geomaque struggles during transition
Geomaque Explorations (GEO-T) slipped into the red during the second quarter as gold production neared its end at the San Francisco mine in Mexico.The Toronto-based junior posted a net loss of US$1.2 …
Rosia Montana more than ‘marginal’
Your Aug. 20-26 issue contained two interesting front-page articles — one covering the Gabriel Resources’ feasibility study for the Rosia Montana gold project in Romania, and the other covering Glami…
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Alamo Dorado progresses
Preliminary results from an ongoing feasibility study on the Alamo Dorado silver-gold deposit are proving better than expected for Corner Bay Silver (BAY-T).Situated in Mexico’s Sonora state, Alamo Do…
Wheaton looks north as Golden Bear naps
With little ore left to tap at its Golden Bear mine in northwestern British Columbia, Wheaton River Minerals (WRM-T) saw its earnings slip to $525,000 in the three months ended June 30.The profit, whi…