News

Rio Narcea still in red

Low gold prices have taken their toll on Rio Narcea Gold Mines (RNG-T), which posted a loss of US$2.1 million last year on revenue of US$31.7 million from its mining operations in northern Spain.In th…


Expatriate acts alone at Kudz Ze Kayah

With a potential partner now out of the picture, Expatriate Resources (EXR-V) intends to act unilaterally when it acquires mineral assets held by Cominco (CLT-T) in the Finlayson Lake district of sout…


Virtual mining

The Kemi chromium mine in Finland is the first Intelligent Mine insofar as it is charting the course toward a system in which routine operations are automated and unmanned, machines are remote-operat…


Tres-Or on PGE bandwagon

An option agreement will enable Tres-Or Resources (TRS-V) to explore for platinum group elements (PGE) near Timmins, Ont.Provided regulators approve the deal, the junior can earn a 100% interest in 19…


Blast from the past

Back around 1955, I met up with three Irish prospectors from Noranda in northwestern Quebec. Joe, the vice-president (“in charge of vice,” he’d often say), ran an exploration outfit with the assistanc…



Low prices hit Echo Bay

Despite an increase in gold and silver production and a decrease in operating costs, Echo Bay Mines (ECO-X) was unable to triumph over low gold prices in the first quarter.Compared with the correspond…


Wayside results set downbeat tone for CDNX

The report period ended May 9 marked a 148.34-point decline as the Canadian Venture Exchange index fell through the 3,500 level to close down 4.1% at 3,449.78. The mining index shed 100.85 points, or …



NAME CHANGES (May 08, 2000)

Sand River Resources (SRL-V) has changed its name to Rio Fortuna Exploration (RFT-V) on a 1-new-for-7-old-share basis.


MEETINGS (May 08, 2000)

May 10 Bonanza — annual, specialMay 10 Boreale — specialMay 10 Corsair — annual, general, specialMay 10 Devlan — annual, generalMay 10 Velvet…



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