Starfield sets sights on high-grade
Vancouver — Armed with $1.6 million, Starfield Resources (SRU-V) hopes to enhance the economic prospects of the Fe…
News
DRC tables new Afton resource (December 31, 2001)
Vancouver – Deeper drilling by DRC Resources (DRC-V) has boosted the mineral resource at the past producing Afton c…
Gold Canyon finds more gallium sniffs at Cordero
Seven out of nine holes drilled by Gold Canyon Resources (GCU-V) on its Cordero project in Humboldt Cty., Nevada, h…
Candor completes flow-through financing
Recently listed Candor Ventures (CND-V) has raised $270,000 for exploration on its Ontario properties, with just ov…
Antamina opening highlight of 2001
Vancouver — Despite the lacklustre performance of commodity prices and a weakening of the global economy, the mining sector put several mines into production and managed to expand some current operat…
2001 deals out the pain
Some are comparing 2001 with the first half of the 1980s, the last time metal prices were so bad. Others are comparing it with the depression after the crash of 1929. And so far, nobody has compared i…
Gold Funds (December 31, 2001)
Dundee Precious MetalsCentral FundNet Value$13.47$5.41Price$9.30$5.16Discount30.964.6Value$94,293,000$105,193,131…
News – 31-DEC-01 (December 31, 2001)
Grassroots mineral exploration withered in past year
In 2001, metal prices fell to some of the worst levels ever, so junior explorers can be forgiven if virtually the only thing they developed in 2001 was the blues.New venture capital all but dried up, …
Xenolix to buy back shares
An agreed settlement in an administrative action by the Arizona Corporations Commission will require precious-metal “nanotechnology” company Xenolix Technologies (xtci-o) to buy back shares from some …
Newmont drops RDN (December 31, 2001)
Vancouver — Disappointing results from a second round of drilling on the RDN gold-silver property in northern British Columbia have prompted Newmont Mining (NEM-N) to stop its work program.The proper…
More funding for OPA
The Ontario government will provide more than $3 million, through the Northern Ontario Heritage Fund Corporation (NOHFC), to finish restructuring the Ontario Prospectors Association (OPA).In November …