PEOPLE (October 29, 2001)
Alcan — Clarence Chandran and Brian Levitt appointed directors.Cream Minerals — Ferdinand Holcapek appointed director.Diamondex — James Eccott appointed director.Idaho Cons…
News
Santa Rosa yields gold for refining
From its pilot plant at the Santa Rosa project in southeastern Peru, Andean American Mining (AAG-V) has delivered the first 7.8 kg of gold concentrates for refining. The shipment sold for US$282.60 pe…
Inco squeaks out third-quarter profit
Despite precipitous declines in nickel and copper prices during the third quarter, Inco (N-T) managed to bank a US$33-million profit on sales revenue of US$434 million.The earnings figure, which inclu…
Ashton reports new find at Otish
Vancouver-based Ashton Mining of Canada (ACA-T) has discovered a second kimberlitic-type body in the Otish Mountains region of north-central Quebec.A hole drilled vertically into a geophysical anomaly…
Inmet drills Lemoine
Four drill holes at the Lemoine property, 25 km southeast of Chibougamau, Que., have returned low-grade intersections for operator Inmet (IMN-T) and partner Loubel Exploration (LBX-V).Inmet, which is …
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…
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…
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…
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 …
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…
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 …
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, …