Prospecting in Wekusko, Part 2
In the fall of 1955, my prospecting partner, Einar Sanden, and I transported a diamond drill rig to the east shore of Crowduck Bay in northern Manitoba to explore a new lithium prospect. I had the tem…
News
Recovery in the air
During the Feb. 4-10 report period, we witnessed a serious test of nerves in metals markets.In the base metals sector, copper prices maintained a narrow range in the highest trading area since June 20…
Randera joins Chamber of Mines of South Africa
Dr. Mohamed Fazel Randera has been appointed health advisor for the Chamber of Mines of South Africa.Previously, Randera was inspector general of the country’s Intelligence Services and served as comm…
Canadian Stock Exchange Indices (February 18, 2002)
DateFeb. 12Feb. 11Feb. 8Feb. 7Feb. 6HighLowTSE 3007543.767604.517535.367843.437497.06…
Renewed interest in BC
British Columbia’s Liberal government demonstrated its commitment to mining by improving and harmonizing the 20% B.C. Exploration Tax Credit with the federal Exploration Investment Tax Credit. The pro…
Tanzanite-terrorism link questioned
Several parties involved in the tanzanite trade are attempting damage control after reports surfaced that the gemstone was being used to fund terrorist activity.The group representing major stakeholde…
Experiments could explain gold’s forms
Experiments at the University of Massachusetts in Amherst may help explain why gold is found in two forms: as a solid in deposits in the earth and in water solution, far from such deposits.The tests w…
Bright forecast for silver
Silver halide photography is poised to grow, according to Donald Franz, publisher of the Florida-based Photofinishing News.Demand for silver in halide-based photography and digital imaging is expected…
Freewest tests Clarence showing
A minimum-2,000-metre diamond drilling program is under way on a gold showing uncovered by Freewest Resources Canada (FWR-V) at its Clarence Stream property in southwestern New Brunswick.The drilling …
Stillwater boosts profits
Montana-based platinum producer Stillwater Mining (SWC-N) earned US$65.8 million in 2001 despite incuring an US$11-million restructuring charge in the fourth quarter.The US$1.68-per-share profit compa…
Seabridge continues shopping spree (February 18, 2002)
With the ink just drying on a deal to pick up North American Metals’ (NAM-V) Red Mountain project in northwestern British Columbia, Seabridge Resources (SEA-V) has agreed to acquire Golden Phoenix Min…
Imperial seeks reorganization
Vancouver — Cash-strapped Imperial Metals (IPM-T) has presented a plan of arrangement to its creditors and shareholders that would clear off $10.7 million in liabilities.Under the plan, Imperial inte…