Grades confirmed at Fir
Vancouver – The latest drill results from the Blue River area of British Columbia has confirmed the high-grade natu…
News
Eldorado in the black
Vancouver — With the successful completion of a $25-million equity placement, Eldorado Gold (ELD-T) has improved i…
Philex sees more signs of a second porphyry (May 06, 2002)
Vancouver — As impressive drill results keep rolling in from the Boyongan copper-gold prospect in the Philippines, reconnaissance drilling to the south continues to yield indicators of a second miner…
Correction (May 06, 2002)
In our April 22-28 issue, we reported Pacific Minerals (PMZ-V) collected 492 underground channel samples, which so far had averaged 0.29 gram platinum group metals and 0.4 gram gold per tonne.Of the 4…
News – 06-MAY-02
LionOre’s Waterloo anything but (May 06, 2002)
Drilling at the southern end of the Waterloo discovery on the Wildara property in Western Australia continues to return high nickel grades for LionOre Mining International (LIM-T).Highlights from the …
Gold could go higher
The gold price could reach higher levels in 2002, should the market continue to benefit from further investment demand and drops in producer hedging. These two factors were the main reasons gold turne…
Fort Hills project doubles in size
Sandwiched between Syncrude’s big Aurora mine and the Albian Sands project led by Shell Canada (SHC-T), the Fort Hills oil sands development in Alberta has announced it will be in production by 2005 a…
Mid-tier benefits
At a time when major money managers are telling BHP Billiton they are not big enough, Teck Cominco is positioning itself as a mid-tier company that practises capital and production supply discipline.T…
Apex teams with W Copper
Vancouver — Denver-based Apex Silver Mines (SIL-X) has joined forces with Western Copper Holdings (WTC-T) to explore several properties in Mexico’s Zacatecas state.The agreement consolidates 14.6 sq….
Benefits
A new version of draft legislation governing mineral and mining rights in South Africa has removed the minerals and energy minister’s discretion in granting those rights. It also guarantees security o…
Better bottom line for Cameco
A long-awaited rise in uranium prices helped Cameco (CCO-T) dramatically improve both its top and bottom lines over the first three months of the year.Cameco earned $11 million (9 per share) on reven…