2002

Benchmark lowered again, golds end mixed

Sellers outpaced buyers over the Sept. 18-24 report period, pushing the S&P/TSX Composite Index down 235.91 points. The benchmark finished the week at 6,068.89.The golds swam against the broader marke…


Estrella zone holds promise for National Gold

Vancouver — A scoping study suggests that, even at US$300 per oz. gold, National Gold (NGT-V) can profitably mine the Estrella zone at its Salamandra property in Mexico’s Sonora state.The study, comp…


A ground-magnetic survey is carried out on the Blue Ice property on Victoria Island in August 2000.

Victoria Island diamond play gathers steam

The first batch of drill results from the Sand Piper kimberlite body is providing early encouragement for Diamonds North Resources (DDN-V) and its Victoria Island diamond play in the Canadian Arctic.W…



How to be a market darling

The stock markets of the Western World are back where they were at the end of July, and we can officially declare this summer’s sucker rally over.The markets’ performance has pretty much proved the be…



LionOre receives Golden Gecko

LionOre Mining International’s 80%-owned Australian-listed subsidiary, LionOre Australia (Nickel), has won Western Australia’s Golden Gecko environmental award.The award recognized LionOre Nickel’s wo…


Amarc misses mark at Inde

Vancouver — A 14-hole diamond drill program by Amarc Resources (AHR-V) has returned sporadic gold values below the historical oxide workings at the Inde property in Mexico’s Durango state.The Hunter …


Stock market crash pummels mining

Like lemmings, investors swarmed over the precipice, pulling global stock markets into a crash the likes of which have never been witnessed in financial history. Indeed, Black Monday, as the investmen…


Edward Posey, president of South Atlantic Ventures and managing director of North Atlantic Natural Resources, speaks at Storliden's ribbon- cutting ceremony.

Sweden’s Storliden makes the grade

Skelleftea, Sweden — Storliden, the first new mine in Sweden in more than a decade, has begun commercial production of copper and zinc on time and under budget.Situated 140 km northwest of the city o…


Greystar zooms in on Angostura

Reassured by the government’s hardened stance against armed rebels and having raised sufficient funds, Greystar Resources (GSL-T) is gearing up to renew drilling at its Angostura gold-silver property …


Correction (September 30, 2002)

In our Sept. 23-29 issue, the caption to the photo accompanying the feature on Freewest Resources Canada (FWR-T) should have read: Exploration geologist Wayne Stewart (background) examines a trench in…


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