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…
News
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…
Cominco leases Mesaba copper-nickel deposit (June 25, 2001)
Vancouver — Cominco (CLT-T) intends to apply its new hydrometallurgical technology to the Mesaba copper-nickel deposit in northern Minnesota. The company acquired the rights to the large, undeveloped…
Nord misses payment
Denver — New Mexico-based Nord Pacific (NPF-T) has failed to make a required payment for the Tritton copper project in New South Wales, Australia, prompting its partner, Australian-listed Straits Res…
Starfield ramps up drilling
Vancouver — With two rigs turning and a third slated to be added next month, the latest results tabled by Starfiel…
Algoma protection extended
Algoma Steel (ALG-T), Canada’s third-largest integrated steel producer, has been granted a two-month extension of i…
Novagold takes aim at Shotgun (June 22, 2001)
Vancouver — Novagold Resources (NRI-T) has completed an agreement with Cominco (CLT-T) to earn the 52.5% it does n…
Golden signs Prestea deal with Barnex
Denver — Golden Star Resources (GSC-T) has cleared another hurdle in its acquisition of the Prestea gold mine in s…
Alcoa to close magnesium smelter
Due to high production costs and poor market conditions, Alcoa (AA-N), the world’s largest producer of aluminum, ha…
Teck and Inco to test Tucuma
Vancouver — A newly completed airborne geophysical survey has diversified miners Teck (TEK-T) and Inco (N-T) explo…
Partners test Railroad
Eastmain Resources (ER-T) has two drill rigs running on its 5-sq.-km Railroad property in the Bathurst camp of nort…
Andacollo liquidation begins (June 22, 2001)
Dayton Mining’s (DAY-T) wholly owned subsidiary, Compania Minera Dayton (CMD), has been granted bankruptcy protecti…