Feasibility complete at Ntotoroso
Equal partners Moydow Mines International and Normandy Mining (NDY-T) have completed a feasibility study at their Ntotoroso gold property in Ghana.Prepared by Perth, Australia-based Lycopodium, the st…
2001
Taseko considers refinery for Gibraltar
Preliminary results from pilot-plant metallurgical tests have prompted Taseko Mines (TKO-V) to proceed with a feasibility study for a copper refinery that could revive the dormant Gibraltar copper min…
Cambior’s losses shrink
Emerging from a long period of restructuring, Cambior (CBJ-T) has significantly reduced the amount of red ink on its earnings statement.For the year ended Dec. 31, 2000, Cambior’s net loss was US$81.6…
National Gold closes Salamandra deal
Vancouver — Having made the initial $250,000 payment required for the purchase of the Salamandra gold property in Mexico, National Gold (NGT-V) must now raise $3.6 million by Aug. 30.The junior took …
A call for tax reform
COMMENTARY/GUY DUFRESNEMore government involvement is needed to spur investment in mineral exploration in Canada, according to Guy Dufresne, chairman of the Mining Association of Canada.Speaking at th…
Tahera plans Jericho development
Armed with a positive feasibility study, Tahera (TAH-T) plans to develop its wholly owned Jericho diamond project, 420 km north of Yellowknife, N.W.T.Earlier this year, a revised project proposal and …
Radius advances Tambor project
Vancouver — Radius Explorations (RDU-V) has tabled more impressive trench results from its Tambor gold project near Guatemala City.The ongoing program is designed to assess the grade and geometry of …
New economy meets old realities
Warren Buffett, chairman of holding company Berkshire Hathaway, just announced he’ll be staying out of the U.S. stock market until “businesses sell for less in the market than they’re worth.”People us…
Etruscan and Mountain Lake explore Ventersdorp
Partners Etruscan Resources (EET-T) and Mountain Lake Resources (MOA-V) have completed a prefeasibility study of one of seven diamond properties in the Ventersdorp district of South Africa.The indepen…
Exchange Rates (April 02, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateMarch 27March 26March 23March 22March 21…
Klipspringer moves forward
SouthernEra Resources (SUF-T) has inked a new deal with partners De Beers Consolidated Mines (DBRSY-Q) and an affiliated black empowerment group in order to advance the Klipspringer diamond project in…
Radius among few bright spots in gloomy week
Vancouver — The Canadian Venture Exchange finished the report period ended March 27 lower at 2,988.71, off 23.76 points, or 0.8%. The mining index lost 97.07 points, or 1.6%, to close at 6,074.70.Rad…