Olympic Dam shows more cracks
Production at WMC Resources’ (WMC-N) troubled Olympic Dam copper smelter in Southern Australia has been suspended a…
2003
Metallic Ventures advances Esmeralda
Ongoing underground infill drilling by Metallic Ventures Gold (MVG-T) continues to cut high-grade gold values on th…
African Eagle gets pleasant surprise at Sasare
Trench sampling by African Eagle Resources (AFE-L) at its Sasare property in eastern Zambia has exposed a long zone of copper showings.Three trenches on a group of showings called Eagle Eye exposed a …
Odyssey funds Turkish projects (November 24, 2003)
Following in the footsteps of its peers, Odyssey Resources (ODX-V) is attempting to raise $2 million via a private placement.Pacific International Securities shall try to place 6.7 million units of th…
North Atlantic drills in western Mali
North Atlantic Nickel (NAC-T) is drill-testing the limits of three gold prospects at the Kantela gold project in western Mali.The program will entail 4,340 metres in 60 reverse-circulation holes. None…
Deal at Thunder Creek
Lake Shore Gold (LSG-V) has inked an option deal on Band-Ore Resources’ (BAN-T) 54-claim Thunder Creek property, near Timmins, Ont.Lake Shore can take a 60% interest in the property by paying $370,000…
Noranda’s CFO retires
Noranda’s (NRD-T) chief financial officer, Lars-Eric Johansson, has retired after 14 years of service.Johansson will remain with the company to help with the financing of Falconbridge’s (FL-T) Koniamb…
Fifteen Years Ago / November 1988
Inco sinks cash into ManitobaStill under fire for a recapitalization plan designed to fend off a hostile takeover, Inco is setting aside $100 million to sustain production in its Manitoba division. Ov…
Silver zone found at La Pitarrilla (November 24, 2003)
Preliminary drilling by Silver Standard Resources (SSO-V) has intersected a new silver zone at the Pitarrilla project, 170 km northwest of Durango, Mexico.The 16-hole program, 2,500-metre program was …
E3 to be free of charge
Beginning in March 2004, the E3 Environmental Excellence in Exploration program will be available on the Internet free of charge.The program was launched by the Prospectors & Developers Association of…
Shahuindo suit heads to Lima (November 24, 2003)
Ruling that a lower court judge is legally incompetent, the Supreme Court of Peru has voided a previous decision favouring the plaintiff in a legal battle over the Shahuindo gold property.The Supreme …
Partners advance Tulawaka gold project
Tanzania’s Ministry of Energy and Mineral Resources has granted partners Barrick Gold (ABX-T) and Northern Mining Explorations (MDN-T) a special mining licence for the commercial development of the Ea…