Exchange Rates (September 24, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateSept. 18Sept. 17Sept. 14Sept. 13Sept. 12US$ in C$…
News
GREATEST VALUE TRADED, SEPTEMBER 12-18
ExchgVal($000s)HighLowCloseChangeAlcoa*N46447632.5029.8030.20-3.60…
Tahera options Jericho project to Kennecott Canada
A series of restructuring moves is enabling Tahera (TAH-T) to step up exploration of its extensive landholdings in the Northwest Territories and Nunavut.In the latest development, the junior optioned …
Global Diamond Diavik project inches toward April 2003 startup
Construction of the Diavik diamond mine is nearly one-third finished, with startup slated for April 2003.When all is said and done, London-based Rio Tinto (RTP-N) and Toronto-based Aber Diamond (ABZ-T…
Ashton discovers kimberlite south of Coronation Bay
A decision by Northern Empire Minerals (NEM-V) to fund its share of drilling on the Kikerk Lake diamond joint-venture project has paid off with the discovery of a new kimberlite body, dubbed Potentill…
Hunters busy at Fort la Corne
Vancouver — Three large-diameter (24-inch) reverse circulation drill holes have been completed to date on the kimberlite body dubbed 141 at the Fort la Corne joint-venture diamond project in northe…
Wawa diamond hunt slow but steady
Fed by initial prospecting successes, the Wawa diamond hunt may have stirred some enthusiasm in its early days, but it now appears to be settling down to slower and more systematic exploration.The are…
BHP disappointed at DHK, WI claims in NWT
Diamond explorer Archon Minerals (ACS-V) has come up empty after drilling 14 geophysical targets on the DHK and WI claim blocks in the Lac de Gras area of the Northwest Territories.A year ago, BHP Dia…
Noranda takes down placement in Metallica
Denver — As part of a revised joint-venture agreement for the El Morro copper project in northern Chile, Noranda (NRD-T) will buy US$1 million worth of shares in Metallica Resources (MR-T).Noranda wi…
Diamondex tests Carat kimberlite
Kimberlite samples from drilling by Diamondex Resources (DSP-V) on the Carat property in the Northwest Territories have been submitted to Lakefield Research for microdiamond analysis.The samples were …
Denison cleans up Hope Brook
Denison Environmental Services, together with Innova Quest, will oversee the reclamation of the former Hope Brook mine site in southwestern Newfoundland.The companies were chosen from six proposals su…
Facts need checking
Stuart McDougall recently wrote a front-page article on the expanded Lac des les palladium mine in northwestern Ontario (T.N.M., Sept. 10-16/01). While his report on current activities may be factual…