SouthernEra coverts US$2 million of Messina debt
RMB International (Dublin) is converting US$2 million in exchangeable capital units (issued by SouthernEra Resource…
News
Pearson Finance eyes Takla
Vancouver — With $5.5 million sitting in its treasury, Edmonton-based junior Takla Star Resources (TKR-V) has come…
Northern opposes TSE-CDNX deal
Vancouver — A shareholder of the Canadian Ventures Exchange (CDNX) is opposing the Toronto Stock Exchange’s (TSE)…
Trading Summary (May 28, 2001)
The Toronto Stock Exchange slipped 1.74 points on Monday to end a very quiet trading day at 8,291.1. Investors rema…
Inco options Atikokan ground
An option agreement with Atikokan Resources (AKN-V) sets the stage for Inco (N-T) to earn a 55% interest in the junior’s Lumby Lake project in northwestern Ontario. The target is believed prospective …
Wyoming has diamond potential
The Wyoming State Geological Survey has identified the Medicine Bow National Forest as a region with high potential for diamonds and platinum group metals (PGMs).The forest lies on the edge of the Wyo…
Crystallex mining Lo Increible
Vancouver-based Crystallex International (KRY-T) has started mining at the La Victoria open pit, one of six gold deposits at the company’s newly acquired Lo Increible project in Venezuela’s El Callao …
Modi Taung yields more high grades
Geochemical sampling at the Modi Taung gold project in central Myanmar has turned up more nuggets for Ivanhoe Mines (IVN-T).Tunneled into SW Zone 3, Adit 6 returned up to 321.7 grams gold per tonne ov…
Campbell spills more red ink, advances merger
The suspension of mining at two gold operations — one in Quebec, the other in Mexico — has pushed Campbell Resources (CCH-T) even deeper into the red.Coming on the heels of a $64-million loss for al…
Gammon reworks terms of Ocampo agreement
Gammon Lake Resources (GAM-T) has renegotiated the payment schedule for its Ocampo gold- silver project in Mexico’s Chihuahua state.The Halifax-based junior can acquire a 100% interest in virtually th…
Fort Knox eyes Sudbury (May 28, 2001)
Vancouver — Fort Knox Gold Resources (FNX-T) has teamed with mining contractor Dynatec (DY-T) in an attempt to acquire five of Inco’s (N-T) properties in the Sudbury Basin. Inco has accepted t…
Minera seeks PGMs
Vancouver — With Pacific North West Capital (PFN-V) drilling its Janes-Davis property, Minera Capital (MNL-V) has launched a 750-metre drill program to the north, on its Murray Lake-Jane Township pla…