News


PEOPLE (March 11, 2002)

AMEC — Harry Parker, Steve Hodgson, Bob Pendreigh appointed technical directors.American Zinc Association — James Pedersen appointed chairman, Reid Bowlby appointed vice-chairman, Ed Schmidt appoint…


Canico proves up Onca-Puma in Brazil

Vancouver — Going from successful gold explorers to a nickel producer may seem like a daunting task, but the management team behind Canico Resources (CNI-V) plans on doing just that by advancing one …


Raymor takes steps toward lithium metal production

After several years of metallurgical research, Ste. Foy, Que.-based Raymor Industries (RAR-V) is preparing to build a pilot plant that will produce lithium metal directly from the lithium-ore mineral …


Coeur d’Alene buys Martha

A deal with Yamana Resources (YRI-T) will see Coeur d’Alene Mines (CDE-N) acquire the high-grade Martha underground silver mine on the Bacon property in the southern Patagonia region of Argentina.In r…


LME Warehouse Levels (March 11, 2002)

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, March 5 (change from Feb. 26 in brackets):MetalStock (tonnes)ChangeAluminium934350(+1…


Diamond discoveries nothing new

With extensive exploration under way for diamond occurences throughout Canada, including encouraging results in northern Ontario and Quebec, you can imagine my surprise when I was recently reading thr…


Mano River returns to Sierra Leone

With Sierra Leone’s 10-year civil war formally declared over, and a United Nations force preserving the peace, Mano River Resources (MNO-V) is relaunching its prospecting program on three diamond expl…


Anglo find fails to launch Philippine flurry

Vancouver — Mining companies willing to face considerable political risks have been rewarded with impressive exploration results in the Philippines. However, advancing discoveries to the development …


Exchange Rates (March 11, 2002)

CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateMarch 5March 4March 1Feb. 28Feb. 21US$ in C$1.59021.60161.59521.6…


Axmin seeks West African gold

Many major gold companies have pulled in their horns over the past four years, rendering a good number of African exploration properties inactive. This has presented an opportunity for junior explorer…


Ashton defines Buffalo Hills deposit

Delineation drilling by Ashton Mining of Canada (ACA-T) at the Buffalo Hills project in Alberta indicates that the prospective K252 kimberlite is irregularly shaped and smaller than first thought.Asht…


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