Kinross to exit Pacific Rim
Shares in Pacific Rim Mining (PMU-T) darted 34 lower to $1.69 in early trade on Dec. 15 after the company reported…
2003
Eldorado tests prospects in western Turkey
Preliminary drilling in the Biga peninsula of western Turkey has returned mixed results for Eldorado Gold (ELD-T)….
Newcomer takes over Natural Resources portfolio
A relative newcomer to federal politics has taken over the natural resources portfolio as John Efford was sworn in…
Pacific Minerals closes 9.2 million financing
Vancouver — Pacific Minerals (PMZ-V) has closed two private placement financings, totalling $9.2 million.The f…
The Big Bang
Also in the Maritimes, we see that fishermen are protesting against offshore seismic testing being done by a contractor for junior hydrocarbon explorer Corridor Resources.Corridor holds an offshore ex…
Gov’t expands underground lab
The Canada Foundation for Innovation will invest $38.9 million in the expansion of a laboratory for underground science in Sudbury, Ont.The money will be used to transform the existing Sudbury Neutrin…
Ontario engineers salute Seeley
Ontario engineers have honoured Lawrence (Larry) Seeley for transforming Lakefield Research into one of the largest commercial metallurgical testing and research firms in the world.Seeley received the…
Head grades fall at Orvana’s Don Mario (December 15, 2003)
Junior Orvana Minerals (ORV-T) reports disappointing head grades at the Don Mario gold mine in eastern Bolivia.In October and November, the mine processed 40,230 tonnes of ore with a head grade of 5.3…
Gold keeps lustre on junior exchange
Vancouver — Canada’s junior exchange continued to post positive gains as gold held its ground above US$400 per oz. over the week ended Dec. 9. The S&P-TSX Venture Exchange composite index tacked on 9…
BHP Billiton to sell stake in Highland Valley
Vancouver — BHP Billiton (BHP-N) has inked a deal with privately owned Quadra Mining to sell its 33.6% stake in the Highland Valley Copper mine, in British Columbia, as well as its 100% interest in t…
Web-based system wins award
CLAIMaps, an online mining information system developed by the Ontario government, has won a Canadian Information Productivity Award. The award was presented recently in Toronto.Created by the Ministr…
Tahera, Kitikmeot reach pact
Following a long series of negotiations, Tahera (TAH-T) and the Kitikmeot Inuit Association have reached an agreement-in-principle regarding local benefits from Tahera’s Jericho diamond project in Nun…