O’Connell named to Nfld chamber
Gerald O’Connell, former district manager of eastern Canada for Teck Cominco, has been appointed executive director of the Newfoundland and Labrador Chamber of Mineral Resources. He replaces Robert Ke…
News
Asphalt and pork
A proposal that Prime Minister Jean Chrtien should show off his vision and make an indelible stamp on the country by launching a program to twin the main route of the Trans-Canada Highway, at a cost …
Act needs changes
I might be accused of being paranoid in stating that British Columbia’s Mines Act and Mineral Exploration Code discriminate against prospectors, but I have come to this conclusion through my own exper…
Province cleans up Kam Kotia
The government of Ontario has begun rehabilitating the defunct Kam Kotia base metals mine, near Timmins.The province spent $8 million to build a ditch to catch ground and surface water tainted by near…
Alcoa smelter dead in Nfld
A plan to use the Lower Churchill River in Labrador to provide power for an aluminum smelter has been aborted.The project was to have been a joint venture between the provincial government and aluminu…
PEOPLE (August 19, 2002)
Aber Diamond — Thomas O’Neill appointed director.Coeur d’Alene — Kenneth Thompson appointed director.Dofasco — Walter Bilenki appointed VP finance; Joe Neri appointed president, powerl…
Aussies launch gold index
The Australian Gold Council and Sydney-based Macquarie Bank have launched the AGC/Macquarie Australian Gold Index, which replaces the Australian Stock Exchange (ASX) S&P Gold Index.The new index consi…
Teck joins Freewest at Lizar
Freewest Resources (FWR-T) has granted Teck Cominco (TEK-T) an option to earn up to a 65% stake in the Lizar gold project in the Kabinakagami greenstone belt, 330 km northeast of Thunder Bay, Ont.Teck…
Partners unfazed by Stares
Although the latest drill results from the Stares property, near Thunder Bay, Ont., proved disappointing, partners RJK Explorations (RJX.A-V) and GLR Resource (GRS-T) intend to drill it again.Nine hol…
Russian gold raises High River (August 19, 2002)
Near-record production from the 50%-owned New Britannia mine in Manitoba, combined with an increased stake in Russian gold miner Buryatzoloto, propelled High River Gold Mines (HRG-T) to a second-quart…
Aurizon posts loss on improved output
Despite higher gold production and realized prices for the yellow metal, Aurizon Mines (ARZ-T) incurred a loss of $1 million (or 2 per share) during the recent second quarter.By comparison, the compa…
Diamonds North finds more kimberlite on Victoria Island
Exploration drilling by Diamonds North Resources (DDN-V) at the Blue Ice property on Victoria Island in Nunavut intersected a new kimberlite target and tested the known Snow Bunting kimberlite before …