Dow plunges in wake of tragedy
Denver — Nearly a week after the terrorist attacks on New York City and Washington D.C., trading resumed in a strongly negative fashion. The Dow Jones industrial average plunged 702.11 points, or 7.3…
Rio Tinto plc
SouthernEra completes Messina financing (September 24, 2001)
Messina, a 70.4%-owned subsidiary of SouthernEra Resources, (SUF-T) has satisfied all conditions for a R345-million (US$40-million) loan to construct the Messina platinum-group-metals (PGMs) mine in S…
Cukurdere expanded (September 17, 2001)
A program of reverse-circulation, stepout drilling by partners Anatolia Minerals Development (YMC.U-V) and Rio Tinto (RTP-N) continues to expand, to the north and east, an area of gold mineralization …
Market slide cut short by tragedy
Denver — Bombing of the World Trade Center in New York on Sept. 11 halted trading among financial markets already battered by bad economic news. The Dow Jones industrial average fell 391.98 points (4…
AngloGold bids for Normandy (September 10, 2001)
Moving to expand and diversify its gold portfolio, AngloGold (AU-N) has launched an all-share bid to acquire Normandy Mining (NDY-T), Australia’s largest gold miner.Creating what it describes as the “…
Ashton raises $2.6m
Proceeds from a $2.6-million share offering will be used by Ashton Mining of Canada (ACA-T) for ongoing diamond exploration at its projects in Quebec, Alberta, Northwest Territories and Nunavut.The Ri…
Solitario active in Bolivia, Brazil (September 10, 2001)
Denver-based Solitario Resources (SLR-T) has begun an 8-hole drilling campaign on its wholly owned Rincon del Tigre platinum-palladium deposit in eastern Bolivia.The program is focused on the extensiv…
Canabrava tests showing
Field geologists with Canabrava Diamond (CNB-V) have discovered the possible source of two diamond-bearing kimberlite boulders found earlier this year by Kennecott Canada Exploration on the Rocky Isla…
Cortez expands Crossroads
Denver — Infill drilling at the Crossroads deposit in central Nevada has returned significant, albeit deep, mineralization for the Cortez joint venture. The project is part of the Pipeline complex.Pl…
Rockinghorse yields large number of stones
Additional microdiamond results from the newly discovered Anuri pipe on Tahera’s (TAH-T) Rockinghorse property in Nunavut indicate that the kimberlite body is significantly diamondiferous.Six hundred …
Ashton tests northern projects
It continues to be business as usual for Ashton Mining of Canada (ACA-T), while Rio Tinto (RTP-N) shops around a 65.9% stake in the diamond explorer.Rio acquired the controlling block in late 2000 thr…
Rockinghorse returns micros
A kimberlite discovery by Kennecott Canada Exploration on Tahera’s (TAH-T) Rockinghorse property in Nunavut has yielded a significant number of stones.An aggregate 276-kg sample of core from the disco…