2002

Meridian eyes half-stake in Gold Hawk

Mid-tier producer Meridian Gold (MNG-T) has reached an agreement that could give it a controlling interest in Montreal-based junior Gold Hawk Resources (CGK-V).Under the proposed deal, Meridian would …


Drills turn at McCuaig (February 11, 2002)

Vancouver — Rubicon Minerals (RMX-V) has kicked off a 3,050-metre drill program on the McCuaig gold project in Red Lake, Ont.The company is targeting a gold-bearing structural zone discovered last ye…



Brett licence approved

The government of El Salvador has issued an exploration licence covering the El Potosi gold mine to Vancouver-based Brett Resources (BRN-V). The new licence was issued in conformance with a new Mining…



Phelps Dodge ends dismal year (February 11, 2002)

Vancouver — Poor demand and weak prices plagued the balance sheet of the world’s second-largest copper producer in 2001.Phelps Dodge (PD-N) posted a fourth-quarter loss of US$78.3 million (or US$1 pe…


Expatriate exits Fox River (February 11, 2002)

Vancouver –The Hunter-Dickinson group ends up with a 15.7% stake in cash-strapped Expatriate Resources (EXR-V) following the junior’s withdrawal from a $2.5-million deal to pick up a 12% stake in the…


John McCombe

Veteran geological engineer John McCombe, well known for his involvement in the aggregate industry and in open-pit mining, has died.McCombe, who graduated with a bachelor of science degree in geologic…


CIM looks for comments on practice guidelines

The Estimation Guidelines Committee of the Canadian Institute of Mining, Metallurgy and Petroleum has completed its draft guidelines covering proposed “best practices” for estimating mineral resources…



Canabrava to raise $1.2m

In the midst of diamond exploration in northern Ontario and the Mistassini area of north-central Quebec, Canabrava Diamond (CNB-V) intends to raise up to $1.2 million by selling up to 3 million units …



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