Tahera finds new kimberlite at Jericho
Exploration drilling by Tahera (TAH-T) has uncovered a new kimberlite body at its wholly owned Jericho project in Nunavut, 430 km northeast of Yellowknife.The kimberlite lies under a small lake, 6 km …
News
Lisheen to reach design capacity
Based on an improved first-quarter performance at the Lisheen zinc-lead mine in southern Ireland, Ivernia West (IVW-T) says full production should be attained by mid-year.The underground operation, wh…
Richmont buys Aurizon’s half of Beaufor
For a bit of cash and a royalty, junior miner Richmont Mines (RIC-T) is buying Aurizon Mines’ (ARZ-T) half-interest in the suspended Beaufor gold mine in northwestern Quebec.Richmont already holds a s…
Mixed results at Alluviaq Fjord
Despite recovering some commercial-size stones from the Torngat 1 dyke in the Alluviaq Fjord area of northern Quebec, Twin Mining’s most recent surface sampling would seem to confirm the structure’s l…
Odds ‘n’ sods: Remembering Harry Ferderber
The first time I met Harry Ferderber was in Cuba in the late 1970s. At the time, he was a well-known figure in the island country, and with his dark looks and thick black moustache, he resembled the M…
First Quantum tackles debt
First Quantum Minerals (FM-T) has filed a preliminary prospectus to issue US$10-15 million worth of new shares.The financing, which is subject to regulatory and market conditions, will be restricted t…
Lamps still burning bright
Pauline Ring (ne Morisette) was seven when she learned that her father, Jean-Paul, was involved in a mining accident at the Teck-Hughes gold mine near Kirkland Lake, Ont.That day, Aug. 28, 1957, she …
US$12 million writedown pushes Canyon into the red
Denver — After writing down the value of the Briggs gold mine in southern California, Canyon Resources (CAU-X) posted a loss of US$12.1 million (or $1.03 per share) for 2000.Despite the loss, which c…
LME Warehouse Levels (April 16, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, April 10/01 (change from April 3 in brackets):MetalStock (tonnes)ChangeAluminium47100…
Metal Prices (April 16, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateApril 10April 9April 6April 5April 4Aluminium1500/1…
Exchange Rates (April 16, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateApril 3April 2 April 30April 29April 28…
LionOre, partners find gold near Thunderbox
A group led by Australia’s LionOre Mining International (LIM-T) has discovered a gold prospect 7 km south of the company’s Thunderbox gold deposit in Western Australia’s northeastern goldfields.Named …