Hawkeye outlines targets
Seven drill targets have been defined at the Yankee diamond exploration property in Nunavut following the completion, last year, of helicopter-borne magnetic surveys. The 364-sq.-km property is on Vic…
News
Spot Prices Wed. May 30, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$273.65-$10.20Silver$ 4.51-$0.01Platinum$618.00+…
High River Gold Mines adds to Buryatzoloto stake
Junior gold producer High River Gold Mines (HRG-T) has inked a deal with Japanese gold finance company Jipangu under which the former will increase its holding in Russian gold producer Buryatzoloto to…
Billiton eyes Kazan project
Tri Origin Exploration (TOE-V) will issue 800,000 units, at 25 apiece, to London-based Billiton to finance preliminary exploration at the Kazan copper-gold project, near Baker Lake in Nunavut.Units c…
Southern Rio tops up treasury
Vancouver-based Southern Rio Resources (SNZ-V), which is in the midst of drilling at its Santo Tomas copper-molybdenum porphyry prospect in northern Chile, has closed a private placement of 2.7 millio…
Etruscan Resources picks up new African properties
West African explorer Etruscan Resources (EET-T) is expanding its presence in that region by acquiring properties in Mali and Ivory Coast.The Malian acquisition is the Djelimangara exploration permit …
Falconbridge buys Montcalm outright
AvestaPolarit, of Finland. – A revised deal between Falconbrige (FL-T) and Finnish miner Outokumpu gives the former a 100% interest in the Montcalm nickel-copper deposit, near Timmins, Ont.In 2000, Fa…
Metal Prices (June 04, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateMay 29May 28May 25May 24May 23Aluminium1498/1516.50…
Exchange Rates (June 04, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateMay 29May 28May 25May 24May 23US$ in C$1.53731.54531.54521.5473…
Mini-bulk sample completed at K252
Encouraged by mini-bulk sample results from kimberlite K252 in north-central Alberta, Ashton Mining of Canada (ACA-T) intends to undertake a preliminary economic analysis before proceeding with the co…
Kazakstan hosts conference
Canada, Australia and Finland head the list of countries expected to participate in KazMin & KazMet 2001, Kazakstan’s seventh conference on mining, exploration and related equipment.About 5,000 visito…
El Zapote drilling set to start in June
Vancouver — Partners Intrepid Minerals (iau-v) and Apex Silver Mines (sil-x) are gearing up for a 2,000-metre drill program targeting the Aldea El Zapote silver-zinc-lead property in El Salvador.”The…