Tiberon tables Nui Phao metallurgical study
Vancouver — Tiberon Minerals (TBR-V) has released positive results from its metallurgical study of the Nui Phao tungsten deposit in northern Vietnam.The study indicates that about 80% of the containe…
News
Gold, nickel prices take a tumble
Erasing gains from the previous week, gold slipped a nickel over the Feb. 6-12 report period to land at a London morning fix of US$297.40 per oz. on Feb. 13.Going along for the ride were: Barrick Gold…
Croesus eyes more ground
Vancouver — International Croesus Ventures (ICU-V) has inked a letter-of-intent with Golden Temple Mining (GTM-V) to buy seven massive sulphide properties in Mexico.The deal covers all of Golden Temp…
Trio develops Sustut copper deposit
Vancouver — Northgate Exploration (NGX-T), Doublestar Resources (DSR-V) and privately owned Procon Mining & Tunneling will jointly develop the Sustut copper deposit, 65 km north of the Kemess mine in…
Mines ministers head to Toronto
The World Mines Ministries Forum will attract hundreds of government representatives and mineral sector stakeholders from around the world.Slated for March 13-15 in Toronto, the event is timed to foll…
Wildcat buys Bissett mine
Winnipeg-based Wildcat Exploration (WEL-V) has picked up the closed Bissett gold mine, in Bissett, Man., from South African mining house Harmony Gold Mines (HGMCY-Q).Wildcat will pay $5 million up-fro…
Exchange Rates (February 18, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateFeb. 12Feb. 11Feb. 8Feb. 7Feb. 6US$ in C$1.59181.58981.5974…
Trading Summary (February 15, 2002)
The Toronto Stock Exchange ended the week with a 11.09-point drop to 7,515.3 on Friday. The golds suffered some pro…
Newmont gets 66%
Denver-based Newmont Mining (NEM-N) says it has acquired more than 66% of the shares of Normandy Mining (NDY-T), an…
Teck Cominco cuts zinc output (February 15, 2002)
Vancouver Responding to an oversupply of zinc on the world market brought on by a slowing global economy, Teck Co…
Charges ravage Barrick fourth-quarter earnings
A US$117-million charge related to its takeover of Homestake Mining coupled with a US$59-million provision related…
TVX’s Stratoni gets green light
The Greek government has issued TVX Gold (TVX-T) a permit allowing for the continuation of mining activities at the…