Nevada court dismisses Campo Morado suit
A Nevada court has ruled against David Hermiston in a claim launched by a unit of Farallon Resources (FAN-T), thus ending all but the final chapter in a long-running dispute over ownership of the Camp…
2001
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 …
High grades at River Valley
Vancouver — Results from an ongoing 11,000-metre drill program by Pacific North West Capital (PFN-V) continue to show high-grade zones within a broad envelope of lower-grade mineralization at the Riv…
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…
Port Colborne residents sue Inco
A group of residents from Port Colborne, Ont., have filed a class-action lawsuit against Inco (N-T), the Ontario Ministry of the Environment, the region of Niagara, the city of Port Colborne and the c…
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…
Producer and Dealer Prices (April 02, 2001)
Antimony: Mid-mkt US$1,320/t.Bismuth: Mid-mkt US$4.05/lb.Cadmium: Mid-mkt US$0.22/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$13.00-14.50/lb.Copper: Comex May US$0.792/lb.Indium: Ind…
Writedowns cut into Geomaque’s year
Non-cash writedowns forced Geomaque Explorations (GEO-T) to post a loss of US$13.6 million (or US25 per share) for 2000.The writedowns resulted from reductions in the carrying value of the Vueltas de…
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…