2002



Wildcat buys Bissett mine

Winnipeg-based Wildcat Exploration (WEL-V) has picked up the closed Bissett gold mine, in Bissett, Man., from South African mining house Harmony Gold Mines (HGMCY-Q).Wildcat will pay $5 million up-fro…



Stillwater boosts profits

Montana-based platinum producer Stillwater Mining (SWC-N) earned US$65.8 million in 2001 despite incuring an US$11-million restructuring charge in the fourth quarter.The US$1.68-per-share profit compa…


Imperial seeks reorganization

Vancouver — Cash-strapped Imperial Metals (IPM-T) has presented a plan of arrangement to its creditors and shareholders that would clear off $10.7 million in liabilities.Under the plan, Imperial inte…


Tiberon tables Nui Phao metallurgical study

Vancouver — Tiberon Minerals (TBR-V) has released positive results from its metallurgical study of the Nui Phao tungsten deposit in northern Vietnam.The study indicates that about 80% of the containe…



Croesus eyes more ground

Vancouver — International Croesus Ventures (ICU-V) has inked a letter-of-intent with Golden Temple Mining (GTM-V) to buy seven massive sulphide properties in Mexico.The deal covers all of Golden Temp…


Gold, nickel prices take a tumble

Erasing gains from the previous week, gold slipped a nickel over the Feb. 6-12 report period to land at a London morning fix of US$297.40 per oz. on Feb. 13.Going along for the ride were: Barrick Gold…


Trio develops Sustut copper deposit

Vancouver — Northgate Exploration (NGX-T), Doublestar Resources (DSR-V) and privately owned Procon Mining & Tunneling will jointly develop the Sustut copper deposit, 65 km north of the Kemess mine in…


Mines ministers head to Toronto

The World Mines Ministries Forum will attract hundreds of government representatives and mineral sector stakeholders from around the world.Slated for March 13-15 in Toronto, the event is timed to foll…


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