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Huddled together on the north shore of Lake Superior: Teck Cominco and Barrick Gold's David Bell mine (foreground), Newmont Mining's Golden Giant mine (background, right), and Teck and Barrick's Williams mine (background, left). The Trans Canada Highway is shown far left.

FPO Hemlo seen as ripe for consolidation

The much-anticipated consolidation that’s shaking up the gold industry is capturing the attention of investors and mining executives alike. Although most of the attention is focused on activities at t…


Terrazas passes prefeasibility

A solvent extraction-electrowinning (SX-EW) project for the Terrazas copper-zinc project in Chihuahua state, Mexico, is economic, according to a feasibility study commissioned by Summo Minerals (SMA-T…


Bema finances work at Monument Bay

Junior Bema Gold (BGO-T) has closed a brokered private placement of flow-through shares with Canaccord Capital and Haywood Securities with an eye toward resuming drilling at the high-grade Monument Ba…


Rhonda raises $1.8m for diamond exploration

Determined to explore a large land position in the heart of the Coronation diamond district in Nunavut, Rhonda (RDM-V) has raised $1.8 million in a public financing arranged through Canaccord Capital …


Low zinc prices hamper Breakwater

A year of record-low zinc prices translated into a $111-million loss for Breakwater Resources (BWR-T). On a per-share basis, the loss works out to $1.20.By comparison, the company posted a loss of $8….


Producer and Dealer Prices (March 11, 2002)

Antimony: Mid-mkt US$1,125/t.Bismuth: Mid-mkt US$3.20/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.60-7.00/lb.Copper: Comex May US$0.7405/lb.Indium: Indi…


Orvana begins Don Mario development

It may have taken longer than expected, but Orvana Minerals (ORV-T) has entered the final stretch at the advanced Don Mario gold project in eastern Bolivia.Orvana bought the deposit in 1996 for $43 mi…


Hoisting facilities at Dayton Mining's El Dorado gold project in El Salvador. Dayton acuired a 100% stake in the project through its merger with Mirage Resource in 2000.

FPO Pacific Rim, Dayton propose merger

In what has been described as a “win-win situation” by both parties, Pacific Rim Mining (PFG-T) and Dayton Mining (DAY-T) are proposing a merger. Management of Pacific Rim likes the high-grade potenti…


A falls on the Aripuana River, west of the Arex and Valley deposits, could potentially provide hydroelectric power for the project.

New sulphide prospect at Aripuana

Drilling by Anglo American (AAUK-Q) to test an electromagnetic conductor on the Aripuana property in northern Mato Grosso state, Brazil, has intersected sulphide mineralization along strike from two z…


LEH outlines Geordie

Junior L.E.H. Ventures (LEH-V) has outlined a low-grade polymetallic resource at its Geordie Lake property in the Thunder Bay region of northern Ontario.Indicated resources ring in at 24.4 million ton…


Liberty targets McWatters

Junior Liberty Mineral Exploration (LBE-V) is attempting to raise $750,000 through a private-placement offer of 5 million units.Each unit consists of a share and a warrant; the latter entitles the hol…


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