DRC expands former-producing Afton mine
Vancouver — With $5 million in its coffers, DRC Resources (DRC-V) is busy expanding the resource at the Afton copper-gold project, near Kamloops, B.C.This year’s $1.1-million drilling campaign, which…
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Pacific Rim options Cerro Gaspar (August 19, 2002)
Vancouver — Pacific Rim Mining (PMU-V) has inked a deal to earn a 60% interest in the Cerro Gaspar project in northeastern El Salvador from Brett Resources (brn-v).The company can do so by spending U…
Anglo American to pay for AIDS drugs
Anglo American says it will pay for antiretroviral drugs for employees suffering from HIV/AIDS.The program could cost as much as R16.8 million (US$1.6 million) in the first year. In addition to extend…
Trading Summary (August 16, 2002)
Toronto stocks managed to close out the week with modest gains despite a 2% decline in the gold subindex. The S&P/T…
Placer extends offer, advances Pueblo Viejo
Placer Dome (PDG-T), now with more than 31% of AurionGold’s shares, has yet again extended its unconditional final…
TVX posts improved earnings (August 16, 2002)
Buoyed by a higher gold price and the sale of its residual interest in the Casa Berardi mine in northwestern Que.,…
Alcan boosts Alouette stake (August 16, 2002)
Montreal-based Alcan (AL-T) has doubled to 40% its stake in the 243,000-tonne, low-cost Aluminerie Alouette aluminu…
Cumberland cuts more gold at Meadowbank
Vancouver –The initial results from an on going $3.9 million program on the Meadowbank property in Nunavut continu…
NAP Q2 earnings unchanged from 2001
Higher production in the second quarter translated into more revenue for North American Palladium (PDL-T), but earn…
Western Copper resumes drilling at Penasquito
Vancouver — Western Copper Holdings (WTC-T) has resumed drilling at its 100% owned Penasquito silver-gold-lead-zin…
Rubicon revs its drills
Vancouver — Rubicon Minerals (RMX-V) is gearing up to commence a drill program on its Golden Promise project in Ne…
Muskox renews Nunavut exploration
Muskox Minerals (MSK-V) has renewed drilling at the Muskox intrusion in Nunavut. This time, the holes are aimed at…