Noranda keeps gobbling up Falco shares
Recent insider trading transactions reported by the Ontario Securities Commission in its OSC Bulletin include the following:Agnico-Eagle Mines (AGE-T) — FMR Corp., which must report its trading activ…
News
Gold Fields, Repadre to acquire Ghanaian gold mine (October 29, 2001)
South African gold producer Gold Fields (GOLD-Q) and Toronto-based Repadre Capital (RPD-T) have reached a memorandum of understanding with Perth-based Ranger Minerals for the purchase of Ranger’s 90% …
Ontario leads trade mission to Mexico
The Ontario government has joined the province’s mining equipment industry to push for a bigger share of Mexico’s $1.6-billion mining machinery market.The Trade Team Ontario Mission, as it is called, …
Aussies improve open-pit shovels
The Co-operative Research Centre for Mining Technology and Equipment (CMTE) in Brisbane, Australia, has commissioned a study to determine ways to increase the productivity of shovels used in open-pit …
Agnico-Eagle, Mentor merge
Agnico-Eagle Mines (AGE-T) has combined with Toronto-based Mentor Exploration & Development (MV-V) and will retain its original name.Agnico-Eagle acquired the remaining 50.5% of Mentor it did not alre…
Cameco, Pioneer beget uranium explorer
Cameco (CCO-T) and Pioneer Metals (PSM-T) plan to create a public company named UEX, which will explore for uranium in the Athabasca Basin of Saskatchewan.The proposed deal calls for Pioneer sharehold…
IMA rewarded in Peru
IMA Exploration (IMR-V) is encouraged by early drill results from a gold-enriched massive sulphide showing on the Rio Tabaconas property in northwestern Peru.The junior recently completed a 30-hole, 1…
Forum targets diesel reductions
An international forum for the exchange of information on the reduction of diesel emissions in mines will take place Nov. 6-8 at the Embassy Suites Hotel in Markham, Ont.The conference is expected to …
Tiberon sizes up resource in Vietnam
Vancouver — With five rigs turning on the Nui Phao tungsten-bismuth-copper-gold property in northern Vietnam, Tiberon Minerals (TBR-V) is preparing to calculate a preliminary resource.So far, the Cal…
Northern Abitibi adds ground (October 29, 2001)
Calgary-based Northern Abitibi Mining (NAI-V) is exploring 13 diamond targets in the Chibougamau area of northern Quebec. The program entails prospecting, surface mapping and till sampling.The prospec…
Silver Standard boosts Bowdens resource (October 29, 2001)
Following a 2-year, 32-hole drill program at its Bowdens deposit in New South Wales, Silver Standard Resources (SSO-V) has increased measured and indicated resources by 25%.The measured and indicated …
Crown gets breathing room (October 29, 2001)
Vancouver — Solitario Resources (SLT-T) is providing a $1-million secured-note financing to its major shareholder, financially beleaguered Crown Resources (CRRS-O).The funds are part of a proposed $3…