News


Kimberlite float found at Star

A sub-surface layer of till containing kimberlite float boulders has been uncovered by Ashton Mining of Canada (ACA-T) at the Star joint-venture property in the Northwest Territories.The junior diamon…



Cameco closes debentures sale (July 23, 2001)

Cameco (CCO-T), the world’s largest uranium supplier, has completed the sale of $50 million worth of Series B 7% debentures, which are due July 6, 2006.The debentures have received a rating of A (low)…



Energy ministers form committee

Federal, provincial and territorial energy ministers have agreed to establish an Energy Markets Committee to ensure a co-operative approach to furthering North American energy opportunities.The minist…


Cominco resolves strike

Denver — Striking workers have returned to work at the Cajamarquilla zinc smelter in Peru after reaching an agreement with Cominco (CLT).The company, which controls an 82% stake in the plant, north o…


Francisco expands Guatemalan find (July 23, 2001)

Drill results from a reported 43 of 52 core holes completed on the Marlin gold discovery in northern Guatemala have so far defined a thick, near-surface, shallow dipping main zone of oxidized gold min…


Mampon looking good for Ashanti, Birim

Drilling by Ashanti Goldfields (ASL-N) at the Mampon gold deposit in Ghana continues to yield long, gold-rich intersections.The deposit lies in a 40-sq.-km portion of the Dunkwa property, spun off to …



Chinese antimony exports down: report

A new report says official Chinese exports of antimony fell by 67% year-on-year in the first four months of 2001.The Economics of Antimony 2001 (9th edition), compiled by London-based Roskill Informat…


Philex results fail to impress

Vancouver — Despite having all the earmarks of a significant find at its Boyongan copper-gold prospect on the island of Mindanao in the Philippines, shares of Philex Gold (PGI-V) headed lower followi…


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