Gold Fields, Outokumpu expand Finnish PGM play
Feasibility, local support augur well for Arctic Platinum projectWith a mandate to grow and diversify geographically, management of South Africa’s Gold Fields (GOLD-Q) is optimistic about the potentia…
News
News – 15-APR-02
Cacamuya back on First Point’s radar screen (April 15, 2002)
Vancouver — Early signs of a potential gold rally have prompted First Point Minerals (FPX-V) to shift its focus from platinum-palladium exploration in Ontario back to the Cacamuya epithermal project …
Brancote positions Meridian for growth
Convinced that the high-grade Esquel project in Argentina has the potential to be a company-maker like its El Peon mine in Chile, Meridian Gold (MNG-T) has agreed to merge with Brancote Holdings, a L…
Eldorado Gold eyes production in Turkey
Open-pit mining, heap leaching planned for KisladagVancouver — With its debt now under control and production expected to rise from the Sao Bento mine in Brazil, Eldorado Gold (ELD-T) intends to spee…
NAME CHANGES (April 15, 2002)
Kenrich Mining (KRC-V) has changed its name to Kenrich-Eskay Mining (KRE-V) on a 1-new-for-3-old-share basis.
Newmont joins
Newmont Mining (NEM-N) has agreed to acquire up to a 75% stake in Wolfden Resources’ (YWO-V) Skinner gold property in Ontario’s Red Lake mining district.Newmont can initially earn a 65% interest in th…
Compensation for displaced miners
An announcement by Dan Newman, Ontario Minister of Northern Development and Mines, has broken previous written commitments made by the Ontario government to the exploration and mining sector. The gove…
New shaft at Kidd Creek
Falconbridge has hired Cementation Skanska to sink the No. 4 shaft at its Kidd Creek mine, near Timmins, Ont.Kidd Creek is already North America’s deepest operating mine. The new shaft will extend mor…
Halls, Balint address discussion group
Henry Halls, a University of Toronto professor and authority on the Lake Superior Basin, will address the Toronto Geological Discussion Group on April 16.Halls will examine paleomagnetism, dyke swarms…
Trans Hex shareholders OK restructuring
Shareholders have voted in favour of a plan put forward by management of Trans Hex International (THI-T) designed to settle the company’s debt with African parent Trans Hex Group (THG).THI will transf…
Central banks call for extended agreement
European central banks want to extend the Washington Agreement, which has helped lift gold prices by capping sales of bullion reserves.The agreement, signed in September 1999, limited gold sales by it…