Chief plans startup at Trixie mine
Funds from a US$7-million private placement will enable Chief Consolidated Mining (CFCM-Q) to begin underground drilling and development at the Trixie gold mine in central Utah.The New York-based juni…
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Cancor exercises Gemini option, raises funds
Montreal-based Cancor Mines (KCR-T) has acquired from Inco (N-T) a half-interest in the Gemini polymetallic property in northwestern Quebec.Cancor fulfilled the major terms of a 1997 option agreement …
Partners join diamond play
Hoping to repeat the success of their neighbour, Band-Ore Resources (BAN-T) and Southern Africa Minerals (SAF-T) have each acquired a half-interest in a 89.5-sq.-km land package on the eastern side of…
Seahawk cuts more emeralds
Infill drilling by Seahawk Minerals (SKM-V) continues to cut large emeralds at the Piteiras property in eastern Brazil’s Minas Gerais state.Hole 23 contained several strongly coloured, well-formed cry…
Partners rework deal
Partners Etruscan Resources (EET-T) and Semafo (SMF-T) have amended the terms of their November 1999 acquisition of the Saoura gold permit in Niger.The vendors, Ashanti Goldfields (ASL-N) an…
Drilling confirms Laronde’s potential
Underground drilling by Agnico-Eagle Mines (AGE-T) at its Laronde gold mine in northwestern Quebec continues to confirm the deposit’s rich potential at depth.In October 1999, the company reported that…
Voisey’s Bay between rock and a hard place
Trapped between a rock and a hard place about sums up the fate of the Voisey’s Bay nickel-copper-cobalt project in Labrador. Hopes that the moribund project might move forward this year were dashed wh…
New vaccine depends on gold
Every year, severe diarrhea caused by rotaviruses kill an estimated 870,000 children worldwide, but vaccines delivered by tiny gold particles could help combat this intestinal disease and save lives.T…
Arizona birthplace of SX-EW process
I thought your summary of mining advancements over the centuries, in the Jan. 3 issue, was excellent. However, I would like to point out an error.You state that solvent extraction-electrowinning of co…
Canadian Venture Exchange grabs bull by horns
The Canadian Venture Exchange soared 134.98 points, or 5.4%, to close the week ended Jan. 11 at 2,479.98.Birch Mountain Resources was the leader, posting a gain of 30 and closing at $2.95. The Calgar…
Ontario pledges millions for reclamation
The Ontario government will spend $500,000 this year, and millions in the next three, to address safety concerns at abandoned mine sites across the province.Over four years, the government will spend …
Altoro Gold tables trench results from Brazil
Altoro Gold (ATG-V) is awaiting results from a 1,200-metre drill program on its Pedra Branca platinum-palladium project in northeastern Brazil.The shallow, 18-hole program tested the Esbarro zone with…