Peruvian company posts polymetallic resource
Denver — Prefeasibility work at the Cerro Lindo property in central Peru has outlined high-grade zinc mineralization for that country’s Minera Milpo.The measured, indicated and inferred resource, cal…
2001
CDNX suspends Birch again
The Canadian Venture Exchange (CDNX) has once again suspended “prairie-gold” explorer Birch Mountain Resources (BMD-V), following a technical audit of its exploration program.The exchange ended Birch’…
PNWC raises grade at River Valley
Vancouver — Early results from an ongoing 11,000-metre drill program by Pacific North West Capital (PFN-V) have boosted the economical prospects of the River Valley platinum- palladium project in Ont…
Lupin boosts Echo Bay
Denver — The Lupin mine in Nunavut contributed to a 42% increase in gold production in the fourth quarter for Echo Bay Mines (ECO-X), propelling the company to a profit for 2000.The company’s gold pr…
Market mayhem misses CDNX
Vancouver — Canada’s junior exchange managed to survive the recent market meltdown with relatively minor damage. The oil-and-gas and mining indices managed to stay in positive territory while tech st…
Ventura promotes mining
Mining in Minnesota is a $1.5-billion-per-year industry employing 20,000 people — a point not lost on Minnesota Gov. Jesse Ventura as he opened mining awareness week at the Duluth Entertainment and C…
Ashanti takes writedown
Denver — Despite higher revenue and record gold production, Ashanti Goldfields (ASL-N) posted a net loss (after exceptional items) for 2000.The low gold price forced the Ghana-based company to reduce…
Rubicon hits more gold at McCuaig
Vancouver — Rubicon Minerals (RMX-V) has cut a new gold-bearing structure at the McCuaig project in Red Lake, Ont.Company geologists describe the mineralized zone as a sulphide-bearing silicified and…
NAME CHANGES (March 19, 2001)
Econ Ventures Ltd. (EOV-V) has changed its name to Richcor Res. Ltd. (RRS-V) on a 1-new-for-10-old-share basis.Augusta Metals Inc. (AUU-V) has changed its name to Cybercom Systems I…
Santiago to host geochemical symposium
Chile will host the International Geochemical Exploration Symposium (IEGS) in early May, marking the first time the meeting has been held in the country.Among the topics to be covered are: geochemical…
Boliden (March 12, 2001)
Denver — The first holes on the newly acquired Santa Julia claim block at the El Morro copper project in Chile have returned long intervals of mineralization for partners Noranda (NOR-T) and Metallic…
Nuinsco, Inco study mining accord in Thompson camp
Though still subject to due diligence and the resolution of various technical and legal issues, Nuinsco Resources (NWI-T) and Inco (n-t) have signed a letter of intent aimed at developing the Pipe Com…