BC changes claim law
Two government announcements in western Canada signal a better climate for exploration, says Al Gourley, a director of the Prospectors & Developers Association of Canada.In British Columbia, the gover…
News
Crystallex advances La Victoria (April 08, 2002)
Vancouver — Diamond drilling by Crystallex International (KRY-T) has intersected a high-grade gold shoot at the La Victoria deposit in Venezuela.The drilling was designed to upgrade the reserves and …
OGS uncovers prospective anomalies
A lake sediment survey in the English River-Graham-Wawang Lake area, northwest of Thunder Bay, Ont., has identified areas with elevated concentrations of platinum, palladium and rare earth elements.Th…
NAME CHANGES (April 08, 2002)
Blue Ice Minerals (BLE-V) has changed its name to Monroe Minerals (MMX-V) on a 1-new-for-3-old-share basis.
Mining matters in Nunavut
The weather reports say that it’s minus 42 in Cambridge Bay, but that won’t keep Patricia Dillon and Patricia Meyer from teaching mining to students in chilly, far-northern Nunavut.Both women are par…
News – 08-APR-02
Editorial: Cleaning house
In the Canadian Institute of Mining, Metallurgy and Petroleum’s new CIMVal Standards and Guidelines for Valuation of Mineral Properties we are seeing the results of an industry that did a lot of self-…
Prominent Hill’s centre proves barren
Only months after reporting a copper-gold intercept that rivaled the Olympic Dam discovery holes a quarter-century ago, Minotaur Resources has received mixed results from follow-up drilling on the Pro…
Newmont drops stake in Lihir for US$84m
In a surprise move, Denver-based Newmont Mining (NEM-N) has sold its 9.7% equity holding in Papua New Guinea miner Lihir Gold (LIHRY-Q) via a block trade to Australian-based Macquarie Equity Capital M…
Ashton finds third kimberlitic body in Otish Mountains
A new kimberlite belt is emerging in the Otish Mountains region of north-central Quebec, as demonstrated by the discovery of a third kimberlitic body by partners Ashton Mining of Canada (ACA-T) and So…
Trading Summary (April 05, 2002)
The Toronto Stock Exchange finished the week off with a 2.62-point loss closing Friday’s session at 7,781.4. Plus-1…
Anaconda narrows focus for Murrin Murrin
Suffering a A$457.5-million loss in the final six months of 2001 and looking to restructure its US$420-million debt…