News


Weda Bay advances Halmahera (June 25, 2001)

Vancouver-based Weda Bay Minerals (WDA-T) has tabled a positive prefeasibility study at its laterite nickel-cobalt deposits on the Indonesian island of Halmahera.The study, completed by Kvaerner Proce…


Inco to work on dry laterite at Goro

Dry nickel laterites, which once represented the future of nickel, have been writing their own checkered history over the past three years. Hyped as a revolution in nickel production, they have turned…


Australia top destination for exploration spending

Australia attracted 17.3% of global exploration funding last year, more than any other country in the world, though spending fell 19% to A$676.3 million from the previous year. Gold was the main targe…


Campbell completes merger

With final approvals in hand, Campbell Resources (CCH-T), MSV Resources (MSV-T) and GeoNova Explorations (GNE-M) expect to complete their proposed merger by the end of June.The deal calls fo…


PEOPLE (June 25, 2001)

Avalon — R.J. Anderson appointed VP finance and CFO.Canarc — Leonard Harris and Stephen Peck appointed directors.Cogema — Tim Gitzel appointed president and CEO; Vincent Martin appoint…


Correction (June 25, 2001)

A report on Majescor (MAJ-M) in our June 18-24 issue stated that on a global scale, less than 30% of kimberlites are diamondiferous, and fewer than half of all known kimberlites have been developed in…


Wawa area yields more stones

Diamond exploration in the Wawa area of Ontario has turned up the largest stone yet recovered from one project, while leading to several new discoveries at another.At the GQ property, Band-Ore Resourc…


Voisey’s Bay talks back on track

Some of the faces have changed, but Inco (N-T) and the government of Newfoundland are back at the negotiating table, trying to drum up a deal for development of the long-stalled Voisey’s Bay nickel-co…


Madrid drilling complete (June 25, 2001)

Vancouver — Having completed 95 drill holes over the Madrid portion of the Hope Bay project in Nunavut, partners Miramar Mining (MAE-T) and Hope Bay Gold (HGC-T) have expanded the Naartok and Suluk z…




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