Exchange Rates (December 17, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateDec. 11Dec. 10Dec. 7Dec. 6Dec. 5US$ in C$1.57781.57831.57241.5767…
News
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…
Tahera pulls more stones from Anuri East
More diamonds are reported for the Rockinghorse property in Nunavut, following caustic fusion analysis of 51.4 kg of drill core from the Anuri East kimberlite.In all, Tahera (TAH-T) recovered 50 micro…
News – 17-DEC-01
BC gov’t misinformed
The government of British Columbia’s proposal to eliminate the vital functions of the British Columbia Geological Survey Branch or to farm these out, greatly reduced, to independent contractors was ad…
Paul Coad
Paul Coad, a geologist known for his contributions to the Porcupine base metals mine near Timmins, Ont., has died. He was 51.In 1974, Coad graduated from the University of Western Ontario with a bache…
Base metals tumble, gold stagnant
As expected, base metals fell sharply during the period Dec. 3-7. Moreover, after breaking through key technical levels and closing poorly at the end of the week, further declines look probable in the…
Wheaton, Kinross close sale
Wheaton River Minerals (WRM-T) has completed the sale of its George Lake project in Nunavut to Kinross Gold (K-T).Wheaton received 4 million Kinross shares in return for its 100% interest in the proje…
Wolfden adds to Red Lake portfolio
Wolfden Resources (YWO-V) has added to its land position in the rejuvenated Red Lake mining district of northwestern Ontario by agreeing to take over the Skinner gold project.To acquire the 20.3-sq.-k…
Francisco eyes targets in Guatemala
Vancouver — Junior Francisco Gold (FGX-V) has identified additional targets on ground surrounding the promising Marlin Main zone in Guatemala.Regional prospecting and sampling 30 km southeast of the …
TVX halts Stratoni operations
TVX Gold (TVX-T) has declared force majeure at its wholly owned Stratoni silver-lead-zinc operation in Greece after a local mining inspector delivered a suspension order.As a result, the company has a…
NAME CHANGES (December 17, 2001)
Silverarrow Explorations (SVI-V) has changed its name to Aladdin Resources (ADN-V) on a 1-new-for-8-old-share basis.Quattro Resources (QRO-V) has changed its name to Aldershot Resou…