Drilling begins at Paul Isnard
Partners Rio Tinto (RTP-N) and Guyanor Resources (GRL.B-T) have begun exploration at the latter’s Paul Isnard gold project in French Guiana.The US$750,000 program is being funded by Guyanor Resources…
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Partners cut more wide intervals at El Morro project
The latest holes on the El Morro copper-gold project in Chile have returned some long intervals of continuous mineralization for partners Noranda (NOR-T) and Metallica Resources (MR-T).Recent drilling…
Namibian crawls back from the abyss
Namibian Minerals (NMR-T) has taken another step towards financial recovery by resuming marine diamond production off the coast of Namibia.The Ya Toivo, which supports the Nam2 mining system, resumed …
BC gov’t aids mining industry
In a deal reached with the British Columbia government, Getty Copper will receive a discounted power rate for its planned copper mine near Logan Lake. The rate will be directly tied to copper prices.T…
Ontario needs more miners
The evidence is conclusive: Ontario needs more miners.The value currently added to Ontario’s economy by each mining employee annually is $204,500, which is 19% higher than in 1990 and more than double…
Diamond potential high in Ontario
Recent evaluations of Ontario’s diamond potential indicate good potential for a diamond discovery in Ontario, particularly in the areas of Red Lake, Wawa, the James Bay Lowlands and River Valley.That …
Anglogold opts out of Colombia
Vancouver — In a move that puts Conquistador Mines a step closer to closing down exploration activities in Colombia, Anglogold has elected to stop exploring its regional gold project there.California…
The Northern Miner — Small Producers Index (April 23, 2001)
46.56 (+0.30)(Sept. 30/98 = 100)…
Aussie prof at U of T
Renowned Australian geologist Roussos Dimitrakopoulos will teach a 3-day course at the University of Toronto’s Lassonde Institute in June.The professor and director of the WH Bryan Mining Geology Rese…
Northern Miner Indices (April 23, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T19.3ComincoCLT-T5.1FalconbridgeFL-T6.7Franco-Nevada MiningFN-T6.3Freeport McMoRan Cop’r BFCX-N6.7Homestake MiningHM-N4….
Deal reached to clean up former Britannia mine site
A partnership consisting of public and private interests has reached an agreement to clean up the former Britannia copper-gold mine site, near Howe Sound, 50 km north of Vancouver, B.C.The cleanup is …
Exchange Rates (April 23, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateApril 17April 16 April 13April 12April 11US$ in C$1.55791.5621Holiday…