Jensen deserves credit: Schmidt
A recent letter from Mark Baknes (T.N.M., Feb. 17-23/03) makes it appear that I deserve some credit for Earl Jensen’s discovery of the original Wolverine showing. I was the crew chief of a 4-man prosp…
News
Semafo leaches Mana gold
Results from bottle-roll tests suggest the Wona and Nyafe oxide gold deposits in Burkina Faso are amenable to heap leaching, reports Semafo (SMF-T).Wona and Nyafe are two of three deposits that make u…
Inco and LionOre strengthen ties
Already sourcing nickel in concentrate from LionOre Mining’s (LIM-T) Emily Ann mine in Western Australia, Inco (N-T) has agreed to another life-of-mine off-take agreement on the junior’s nearby Maggie…
Aquiline raises funds for Calcatreu in Argentina
An unsecured debt financing will provide Aquiline Resources (AQI-V) with enough funds to buy the Calcatreu gold project in Argentina.In late January, Aquiline agreed to pay US$2 million to Newmont Min…
Geoscientists bridge gap
Can geologists bridge the gap between Islamic countries and the West?Osman Shinaishin, a National Science Foundation senior officer who funds geoscience projects, thinks so. A native of Egypt who came…
First Quantum trims its losses
A reduction of its interest in a money-losing subsidiary enabled First Quantum Minerals (FM-T) to trim its losses in 2002.For the 13 months ended Dec. 31, the copper miner recorded a loss of US$3.8 mi…
Sleeping Giant to get deeper shaft
With new zones identified at the Sleeping Giant mine near Amos, Que., operator Cambior (CBJ-T) and joint-venture partner Aurizon Mines (ARZ-T) have given the go-ahead to a $7-million shaft extension.T…
South Atlantic updates Storliden reserves
Vancouver — An independent consultant has tabled an updated reserve estimate for the Storliden copper-zinc mine in northern Sweden. The mine is owned by North Atlantic Natural Resources, the 38%-owne…
Terry Flanagan
Boisterous Irish prospector Terry Flanagan, best known for his extensive work in northwestern Quebec with Jack McAdam (1926-1990), has died. He was 74.Flanagan graduated from the University of Toronto…
Tempus acquires gold properties in Nova Scotia
Tempus (TMP-P) has acquired six gold exploration properties in Nova Scotia and closed its prospectus financing. The company has also changed its name to Acadian Gold Corp. and will trade on the TSX Ve…
Tenke advances Alto Rico (March 24, 2003)
Vancouver — Tenke Mining (TNK-T) has tabled encouraging early results from its geophysical program at the low-sulphidation epithermal gold-silver prospect known as Alto Rico, in the Argentine portion…
TSX GREATEST VALUE CHANGE (March 24, 2003)
VolumeClose ChangeAlcanT338849143.242.24Potash Cp SaskT25832593.132…