2002

Outokumpu rethinks Tara sale

Finnish miner Outokumpu has held talks with several firms regarding the sale of its 200,000-tonne-per-year Tara zinc mine in Ireland but will not confirm reports that Inmet Mining (IMN-T) is a potenti…


Majescor cuts narrow kimberlite intercepts

Drilling by Majescor Resources (MAJ-V) on the Wemindji project on the eastern side of James Bay in northern Quebec has intercepted dyke-like intervals of kimberlite in two holes.The junior drilled fiv…


Assembled, left to right, at the joint-venture signing in Montreal are: Paul Papigatuk, president of Nuvumiut Development; Wallace Bradley, president of Bradley Bros.; Gary Potts, chief geologist for Socit Minire Raglan du Qubec; Arthur Murdy, general manager of Bradley Bros.; and Terry Mallinson, senior geologist with Falconbridge.

Bradley, Nuvumiut sign JV

Nuvamiut Development, an Inuit-run business in northern Quebec, has signed a joint-venture deal with Bradley Bros. to carry out surface and underground drilling over three years at the Raglan nickel m…


Ashton begins work at Potentilla kimberlite pipe

Ashton Mining of Canada (ACA-T) has begun an exploration program on the Kikerk Lake property in the north Slave Craton region of Nunavut.The program will entail collecting a mini-bulk sample from the …


PEOPLE (April 01, 2002)

Alcan — Yves Fortier appointed vice-chairman and director.Dofasco — John Mayberry appointed chairman and CEO; Brian MacNeill appointed lead director.Gold Canyon — Samuel Nunnemaker app…


Partners eye Sabara production (April 01, 2002)

Brazilian Resources (YBZ-V) and its operating partner, IMS Empreendimentos, are preparing to mine the former’s wholly owned Sabara gold deposit in the country’s Iron Quadrangle district.The open-pit o…


A bulk-sample pit at the Freightrain kimberlite on Baffin Island. A drill operates in the background.

Lower-grade Freightrain yields gem-quality stones

Mini-bulk kimberlite samples gathered by Twin Mining (TWG-T) from six sites across the surface expression of the Freightrain prospect at the northern tip of Baffin Island have yielded an assortment of…


Western Copper moves ahead at Penasquito

Vancouver — Western Copper Holdings (WTC-T) is about to launch a 6,800-metre drill program on its Penasquito silver property in Mexico’s Zecatecas state, following tests which indicate potential for …


Daily Metal Prices (April 01, 2002)

BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateMarch 26March 25March 22March 21March 20Aluminium13…



Precious metals rise in tandem on eastern markets

Precious metals took the spotlight during the March 20-26 report period, with gold, silver, platinum and palladium all rising in London bullion markets.Gold appreciated an impressive $4.80 over the fi…



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