Ducks in iron suits
When I was a green geological sprout I got fouled up by some dastardly person who had salted a gold property.I will always remember the feeling of great disappointment — followed by rage — when I le…
News
The d(2) aftermath
It has been 20 years since the passage of Jimmy Carter’s Alaska National Interest Lands Conservation Act (ANILCA), which placed more than 104 million acres into various protected designations against …
Correction (December 25, 2000)
In an article about the first gold pour at the Morila mine in Mali (T.N.M., Nov. 27-Dec. 3/00), the name of the operation was incorrectly spelled in the headline. Also, the operator, Randgold Resource…
Caribgold picks up land near Perseverance
CaribGold Resources (CG-T) has acquired a 100% interest in 118 contiguous mineral claims about 6 km west of Noranda’s (NOR-T) Perseverance zinc-copper project in the Matagami camp of northern Quebec.C…
Raymor, McGill team up for lithium project
Quebec City-based Raymor Industries (RAR-V) is collaborating with researchers from McGill University on a project designed to achieve commercial production of lithium metal from the mineral spodumene….
NAME CHANGES (December 25, 2000)
Duran Gold Corp. (DRN-V) has changed its name to Duran Ventures Inc. (DRV-V) on a 1-new-for-2-old-share basis.Nickelodeon Minerals Inc. (NKM-V) has changed its name to Strongbow Res…
Majors finance base metal revival in Newfoundland
Vancouver — As Inco (N-T) patiently awaits a resolution to the frustrating development dispute that has stalled its Voisey’s Bay nickel-copper-cobalt project in Labrador, other companies are stepping…
Keith Minty named ‘Mining Man of the Year’
Few mines have endured a rockier road to production than Lac des les, Canada’s only primary platinum group metals (PGMs) mine. It is no understatement to say that many viewed its construction as the …
Hope Bay raises funds
Hope Bay Gold (HGC-T) has raised $5 million in a private placement with Dundee Precious Metals (DPM-T).Dundee, a closed-end investment company focused on precious metals, purchased 10 million units at…
River Gold slips deeper into red in latest quarter
Higher fuel and mining costs contributed to a quarterly loss for River Gold Mines (RIV-T).Losses in the three months ended Sept. 30 totalled $1.1 million (or 2 per share) on revenue of $8.4 million, …
Orezone expands in West Africa
Junior Orezone Resources (ORZ-T) will explore the Ghanaian gold properties of Australian-based Dominion Mining.Orezone can earn a half-interest in the properties by spending US$2.5 million over four y…
Aurora triumphs in flat western market
Vancouver — The Canadian Venture Exchange composite index remained flat over the report period ended Dec. 12, gaining just 9.5 points, or 0.3%, to finish at 2,912.89. The mining index rose 99.84 poin…