Mine show digs for funding
The Great Canadian Mine Show is in need of additional funding.Since its launch in March at the Toronto convention of the Prospectors & Developers Association of Canada, the show has made stops in the …
News
Wawa area yields more stones
Diamond exploration in the Wawa area of Ontario has turned up the largest stone yet recovered from one project, while leading to several new discoveries at another.At the GQ property, Band-Ore Resourc…
Starfield ramps up drilling
Vancouver — With two rigs turning and a third slated to be added next month, the latest results tabled by Starfiel…
Algoma protection extended
Algoma Steel (ALG-T), Canada’s third-largest integrated steel producer, has been granted a two-month extension of i…
Novagold takes aim at Shotgun (June 22, 2001)
Vancouver — Novagold Resources (NRI-T) has completed an agreement with Cominco (CLT-T) to earn the 52.5% it does n…
Golden signs Prestea deal with Barnex
Denver — Golden Star Resources (GSC-T) has cleared another hurdle in its acquisition of the Prestea gold mine in s…
Alcoa to close magnesium smelter
Due to high production costs and poor market conditions, Alcoa (AA-N), the world’s largest producer of aluminum, ha…
Teck and Inco to test Tucuma
Vancouver — A newly completed airborne geophysical survey has diversified miners Teck (TEK-T) and Inco (N-T) explo…
Partners test Railroad
Eastmain Resources (ER-T) has two drill rigs running on its 5-sq.-km Railroad property in the Bathurst camp of nort…
Andacollo liquidation begins (June 22, 2001)
Dayton Mining’s (DAY-T) wholly owned subsidiary, Compania Minera Dayton (CMD), has been granted bankruptcy protecti…
Trading Summary (June 22, 2001)
Bargain hunters helped the Toronto Stock Exchange end the week on a slightly high note on Friday. The TSE’s 300 com…
BHP clears last Ekati hurdle
Vancouver — Australian-based BHP (BHP-N) has moved a step closer to boosting its stake in Canada’s Ekati diamond m…