News
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…
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…
Aurora Platinum options Anglier property (December 17, 2001)
Vancouver — Junior Aurora Platinum (ARP-V) has acquired Paramount Ventures & Finance’s (PVF-V) remaining interest in the Anglier platinum-palladium property in Quebec.The 16-sq.-km Anglier property i…
Wallbridge adds to Sudbury stable (December 17, 2001)
Having acquired a licence to explore 8.4 sq. km of land near Windy Lake, northwest of Sudbury, Ont., Wallbridge Mining (WM-T) plans to spend $2.3 million on exploration this winter.The renewable licen…
Aur gets Duck Pond base metal project
In a deal valued at $6 million, Aur Resources (AUR-T) is taking over the Duck Pond base metal project in Newfoundland from partners Thundermin Resources (THR-T) and Queenston Mining (QMI-T).
Newmont trumps bid by AngloGold
The takeover battle for Normandy Mining (NDY-T) has entered a new round, with Newmont Mining (NEM-N) countering AngloGold’s (AU-N) latest bid by offering twice as much cash.Newmont is now of…
Teck Cominco envisions larger zinc district in Alaska
Vancouver — With Red Dog in northwestern Alaska already the highest-grade zinc mine in the world, Teck Cominco (TEK-T) is hopeful recent drill results will enable it to outline a zinc district potent…
Trading Summary (December 14, 2001)
A US$4.10-per-oz. jump in the price of gold to US$278.20 per oz. in New York sent investors racing to the Toronto S…
Commercial stones confirmed at Cristal
Vancouver — The Canadian exploration division of De Beers Consolidated Mines, now a subsidiary of Anglo American (…
Homestake shareholders give Barrick the nod
Homestake Mining’s (HM-N) shareholders officially gave the green light to a planned takeover of the Walnut, Califor…
Sulliden’s drills stall at Mario (December 14, 2001)
Nearly out of cash, Sulliden Exploration (SUE-T) has suspended a 3,500-metres drilling campaign on the Mario base m…