Terrazas passes prefeasibility
A solvent extraction-electrowinning (SX-EW) project for the Terrazas copper-zinc project in Chihuahua state, Mexico, is economic, according to a feasibility study commissioned by Summo Minerals (SMA-T…
News
PEOPLE (March 11, 2002)
AMEC — Harry Parker, Steve Hodgson, Bob Pendreigh appointed technical directors.American Zinc Association — James Pedersen appointed chairman, Reid Bowlby appointed vice-chairman, Ed Schmidt appoint…
Exchange Rates (March 11, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateMarch 5March 4March 1Feb. 28Feb. 21US$ in C$1.59021.60161.59521.6…
CanAlaska enters Otish Mountains foray
In an effort to turn up targets for ground follow-up work, Harry Barr’s CanAlaska Ventures (CVV-V) has been flying magnetic geophysical surveys over its main holdings in the Otish Mountains area of Qu…
Ashton defines Buffalo Hills deposit
Delineation drilling by Ashton Mining of Canada (ACA-T) at the Buffalo Hills project in Alberta indicates that the prospective K252 kimberlite is irregularly shaped and smaller than first thought.Asht…
OPA holds mineral symposiums
Two regional chapters of the Ontario Prospectors Association are planning mineral exploration symposiums in mid-April.The 2002 Northwestern Ontario Minerals Symposium is scheduled for April 9 and 10 a…
US manufacturing data point to rebound in prices
In light of much-better-than-expected manufacturing data from the U.S. and Europe, which pushed base metals prices to strong closes at the end of the report period Feb. 25-March 1, the short-term risk…
NAME CHANGES (March 11, 2002)
International Riley (IRR-V) has changed its name to Wind River Resources (WRR-V) on a 1-new-for-5-old-share basis.Island-Arc Resources (IAR-V) has changed its name to Island Arc Exp…
Jonpol nabs Red Lake ground
Junior Jonpol Explorations (JON-T) has acquired a small gold property in the Red Lake area of northern Ontario.The Toronto-based company paid $14,000 and must pay an additional $50,000 by 2004. The ve…
Newmont to grab remaining Normandy shares
Having acquired more than 90% of Normandy’s outstanding shares, Newmont Mining (NEM-N) plans to exercise its rights under Australian law and acquire all the shares of Normandy it does not already own….
Coeur d’Alene buys Martha
A deal with Yamana Resources (YRI-T) will see Coeur d’Alene Mines (CDE-N) acquire the high-grade Martha underground silver mine on the Bacon property in the southern Patagonia region of Argentina.In r…
LME Warehouse Levels (March 11, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, March 5 (change from Feb. 26 in brackets):MetalStock (tonnes)ChangeAluminium934350(+1…