St Andrew Goldfields cleans house
Toronto-based St Andrew Goldfields (SAS-T) has raised $6 million and eliminated $2.7 million of debt.The company recently issued $4 million worth of secured debentures and $2 million worth of shares a…
News
Cumberland steps up Meadowbank drilling
Crews have been mobilized to the Meadowbank gold project, 70 km north of Baker Lake in Nunavut, as Cumberland Resources (CBD-T) prepares to begin a 4,000-metre drilling program.The $1.3-million progra…
Partners drill Boston deposit at Hope Bay in Nunavut
Infill drilling of the Boston deposit in Nunavut by Hope Bay Gold (HGC-T) and Miramar Mining (MAE-T) is confirming results obtained by previous owner BHP (BHP-N).The best new result came fro…
Mines ministers to meet in Toronto in 2002
A new committee has been set up to organize the second World Mines Ministers Forum, which will be held in Toronto in 2002. The date has yet to be announced.The committee will propose workshops and con…
Odds ‘n’ sods: A Tall tale
Years ago, I had a small, happy-go-lucky crew prospecting for lead and zinc near the village of Five Islands, on the north shore of Minas Basin in Nova Scotia. The mood of the crew changed, however, w…
News – 09-APR-01
Vancouver loses in TSE-CDNX deal
A venture capital market is much more than its buildings and brokers, or even its listings and trading volumes. It’s a bastion of free enterprise, a launching pad for entrepreneurs willing to put thei…
New Mooikloof target for De Beers, Vaaldiam
Sampling on three follow-up grids by Vaaldiam Resources (VRL-V) has turned up a new kimberlite target on the Mooikloof property, situated along South Africa’s border with Botswana, about 350 km north …
KEGS funds Limion scholarship
The Canadian Exploration and Geophysicists Society (KEGS) has announced a geophysical scholarship in the name of Heikki Limion, a chief geophysicist for Toronto-based Newmont Exploration, who died in …
Aussie miner seeks damages from contractor
Denver — Australia’s Equatorial Mining has filed suit against consulting giant Kvaerner, seeking US$145 million in damages after the Tonopah copper mine in southern Nevada failed to live up to expect…
FMR expands Agnico-Eagle, Meridian holdings
The following insider trading transactions were recently reported in the Ontario Securities Commission’s OSC Bulletin:- Agnico-Eagle Mines (AGE-T) — FRM Corp., which owns more than 10% of the company…
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