Patricia finds more gold in core at Island
A re-assaying program by Patricia Mining (PAT-V) is assessing the bulk-tonnage potential of the Island gold project, northeast of Wawa, Ont.Since February, Patricia has relogged and sampled 24 holes i…
News
Wardrop, Micon team up
Winnipeg-based Wardrop Engineering has entered into an agreement with another consulting firm, Toronto-based Micon International, to share their clientele.The two firms will be able to offer clients e…
Voisey’s: rumor but no moves
The beginning of the summer construction season in northern Labrador is bringing speculation about a possible solution to the impasse over development of the Voisey’s Bay nickel project, southwest of …
Lending Rates (June 03, 2002)
as of 4 pm ET, May 28, 2002(%)Bank of Canada2.25Canadian Prime4.00U.S. Discount1.25U.S. Prime4.75LIBOR US$ 3-month1.89LIBOR US$ 6-month2.10LIBOR US$ 1-year2.66Gold lease 3-month0.33Gold lease…
Daily Metal Prices (June 03, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateMay 28May 27May 24May 23May 22Aluminium1336/1357…
Manitoba unveils tax credit for investors
The Manitoba government has introduced a mineral exploration tax credit and renewed two other exploration programs for three years.The tax credit will provide a 10% non-refundable tax credit to person…
Wolfden extends High Lake zones
Wolfden Resources (YWO-V) has begun a $2-million program of drilling and airborne geophysics at its High Lake volcanogenic massive sulphide property in Nunavut’s Bathurst Inlet.Hole 201, the first 40-…
‘Ineptitude’ closes Pas office
I recently attended the Mid-Canada Mining Corridor Conference in Flin Flon, Man., where I partook in excellent underground and surface tours. Looking around the Sportsplex, where the conference was he…
Semafo extends mineralization at Nyafe (June 03, 2002)
Reverse circulation drilling by Montreal-based Semafo (SMF-T) has extended the Nyafe gold-bearing structure, on the Mana property in Burkina Faso, some 300 metres to the northeast.Selected results for…
SGS acquires Lakefield Research
Socit Gnrale de Surveillance (SGS Group), headquartered in Geneva, Switzerland, has acquired Ontario-based metallurgical consultant Lakefield Research for nearly $42 million.Lakefield, which has a…
Silver market sees changes
The silver market underwent considerable changes in supply, demand and prices in 2001, according to Silver Survey 2002, published by London-based CPM Group.Prices dropped 12.4% last year to an average…
Noranda, Falco swap execs
The integration of Noranda (NRD-T) and Falconbridge (FL-T) continues with the reshuffling of top-ranking officials.Earlier this year, Falco’s board of directors signalled its decision to allign itself…