Taurus moves forward at Fenelon
Vancouver — With a new resource estimate in hand, International Taurus Resources (ITS-V) is aiming to launch a pil…
News
Andean American ramps up Santa Rosa
Vancouver — Despite heavy rains and encountering clay lenses in the pit, Andean American Mining (AAG-V) has manage…
Trading Summary (April 29, 2002)
The golds finally took a breather on the Toronto Stock Exchange on Monday falling 15.34 points to close at 6,665.02…
LionOre’s Waterloo anything but (April 29, 2002)
Drilling at the southern end of the Waterloo discovery on the Wildara property in Western Australia continues to re…
Ivanhoe cranks up South Korean mine
Ivanhoe Mines (IVN-T) has begun milling stockpiled ore at its Eunsan mine in South Korea.The stockpiled materia…
Rockwell moves forward in Quebec
Vancouver — A 1,771-metre drill program over the Haut Plateau nickel-copper property in east-central Quebec has re…
Grayd goes to Gander
Vancouver — Junior Grayd Resource (GYD-V) has inked a deal with a private St. John’s-based company to pick up a si…
Athabasca exceeds Saudi reserves
As conventional supplies of oil and gas in Canada are depleted, the oil sands of northern Alberta offer the world an increasingly important energy source with low political risk.Oil sands in Alberta a…
NovaGold drills Donlin Creek
As part of a prefeasibility study, NovaGold Resources (NRI-T) has begun drilling at its Donlin Creek project in southwestern Alaska.The work is being financed with proceeds from an $18.5-million equit…
Eldorado restates earnings (April 29, 2002)
Vancouver — The discovery that a 1994 US$10-million convertible debenture should have been treated as a debt instrument has forced Eldorado Gold (ELD-T) to restate its financial statements for 2000 a…
Barrick, Altius team up
Partners Barrick Gold (ABX-T) and Altius Minerals (ALS-V) have agreed to expand their search for Carlin-type deposits in Newfoundland’s Botwood Basin.Their efforts will focus on the 47-sq.-km Burnt La…
Exploration spending continues slide
A survey of mineral exploration, deposit appraisal and mine development spending predicts that exploration and appraisal spending for 2001 will dip to a historical low of $458 million, a far cry from …