Messina moves to production
Rand Merchant Bank has agreed to participate in a R345-million loan agreement being sought by a subsidiary of SouthernEra Resources (SUF-T) to construct the Messina platinum group elements mine in Sou…
News
Idaho revs up Stillwater program
A 4,000-metre drill program is testing the first of two targets outlined by Idaho Consolidated Metals (IDO-V) at the Stillwater complex in Montana.The junior, which owns 110 sq. km of ground adjacent …
Imperial finds high-grade gold at Sterling
Vancouver — Junior explorer Imperial Metals (IPM-T) has intersected deep-seated, high-grade gold mineralization at its Sterling property, near Beatty, Nev., 185 km northwest of Las Vegas.Recent effor…
Boliden succumbs to legal pressure
Boliden (BOL-T) has bowed to the pressure of legal action and signed an agreement to sell the Lomas Bayas copper pr…
Alcan cuts Kitimat production in half
Alcan (AL-T) has announced that, due to low water levels, it will further cut aluminum production at its Kitimat sm…
Drilling extends Goose Lake
The first batch of results from this year’s drilling by Kinross Gold (K-T) on Wheaton River Minerals’ (WRM-T) Goose…
JNR tables Moore Lake and Lazy Edward Bay results
Vancouver — JNR Resources (JNN-V) reports that its winter drilling campaign with joint-venture partner, Kennecott…
Summo throws weight around in Australia
Upon completing its acquisition of 48% of Australia’s Matrix Metals, Summo Minerals (SMA-T) has begun drilling at t…
Rimfire acquires Bill property in B.C.
Vancouver — Rimfire Minerals (RFM-V) has inked a deal for an option to acquire the 22-sq.-km Bill property in the…
Xemac Resources acquires diamond properties
Vancouver — Xemac Resources (XEM-M) plans to try its hand at diamond exploration in the Nemiscau-Otish mountains a…
Trading Summary (June 08, 2001)
A 173.52-point, or 3.7%, gain by the gold and precious minerals subindex was not enough to save the Toronto Stock E…
NovaGold commences exploration at Donlin Creek
Denver — In preparation for further drilling in July, NovaGold Resources (NRI-T) has begun to model the Donlin Cre…