TSX Venture falls, Oct. 28-Nov 1: Abitibi Royalties, Equinox, New Pacific, O3 Mining
The S&P/TSX Venture Composite Index fell 0.9% to 541.49. Spot gold finished at US$1,514.10, up 0.67%. Abitibi Royalties shares jumped 68¢, or 4.78%, to $14.90….
Abitibi Mining Corp
Juniors continue to rush into Timmins area
Staking ground in the Destor-Porcupine Fault area near Timmins has become the latest Holy Grail in the junior …
Slave Craton district still hot as market awaits results
Although recent exploration by Ashton Mining of Canada (ACA-T) in Nunavut resulted in the discovery of two new kimberlites, the market’s focus is chiefly on the Artemisia and Potentilla pipes, from wh…
Diamond hunt ignites Nunavut
The year 2001 presented some ups and downs for Nunavut’s mining industry, the most prominent being mine-closure announcements and a possible diamond rush.Last year, the Lupin gold mine, in the Northwe…
Low macro results won’t dissuade Ashton
A small surface sample of kimberlite float and outcrop collected by Ashton Mining of Canada (ACA-T) from the promising Artemisia kimberlite pipe discovered last fall on the Kim property in Nunavut has…
Coronation Bay a hot spot for diamond explorers
Although a decade has passed since diamonds were first discovered in Canada, the potential for further discoveries has not yet diminished, as evidenced by the success of Ashton Mining of Canada (ACA-T…
December a time for bargains: Boulder Investment
Year-end tax-loss selling may be less of an issue in 2001 than in previous years, but Boulder Investment Partners analyst Dorothy Atkinson still considers December a great month to buy shares in Canad…
Partners eye Coronation
Northern Abitibi Mining (NAI-V) and Tyler Resources (TYS-V) have inked a deal to acquire a joint 65% interest a 460-sq.-km diamond prospect in the Coronation Gulf district of Nunavut.Under the agreeme…
Northern Abitibi adds ground (October 29, 2001)
Calgary-based Northern Abitibi Mining (NAI-V) is exploring 13 diamond targets in the Chibougamau area of northern Quebec. The program entails prospecting, surface mapping and till sampling.The prospec…
Markets dive after terrorist attacks
Vancouver — Canada’s junior exchange was hovering around the 3000-mark before trading was halted on Sept. 11, shortly after horrendous terrorist attacks in New York, N.Y., and Washington, D.C. The CD…
Falco options South Voisey’s Bay
Donner Minerals (DML-V) and Falconbridge (FL-T) have struck a deal over the South Voisey’s Bay nickel project in Labrador.The nickel major can earn a half-interest in a 624.5-sq.-km package of claims …
Barrick returns to Archean roots at Buly
Bulyanhulu District, Tanzania — Even with scorched red soil and unmistakably African vegetation, it isn’t difficult to imagine the Lake Victoria gold camp as a southern cousin to Canada’s famous Abit…