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…
2001
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…
MOST ACTIVE ISSUES, MAR. 21-27
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CDNX continues slide into bear territory
WESTERN MARKETVancouver — Canada’s junior exchange posted losses on all fronts during the report period ended March 20. The composite index of the Canadian Venture Exchange dropped 63.66 points, or 2…
Leadville Mining gains second Mexican gold play
Denver — After picking up a gold property in Sonora, Mexico, Leadville Mining & Milling (LMMI-O) has inked a deal for a second property, in the neighbouring state of Sinaloa.The company will earn a 5…
Saskatchewan bolsters funding
To encourage mineral exploration, the Saskatchewan government will spend an additional $920,000 this year on its geoscience program.As a result, the province’s spending on geoscience will approach $3….
Odds ‘n’ sods: Three important lesser-knowns
Among the movers and shakers of Elliot Lake were three men who have generally been underacknowledged. The roles they played were important, but their overall involvement was limited in comparison with…
Billiton, BHP to form mining behemoth
London-based Billiton and Australia’s BHP (bhp-n) are merging to form one of the world’s largest diversified resource companies, to be known as BHP-Billiton.The merger is to take place under a “dual-l…
Corriente outlines copper at San Luis
Corriente Resources (CTQ-T) has outlined a high-grade copper target at the San Luis prospect, at the northern end of the Corriente copper belt in southeastern Ecuador.The property hosts well-developed…