Kinross extends offer for Kinam’s preferred shares
Kinross Gold (K-T) has extended its offer for all of Kinam Gold’s $3.75 series B convertible preferred shares it do…
News
Permitting moves Prairie Creek forward (April 01, 2002)
Vancouver — Canadian Zinc (CZN-V) has received five more permits for exploration and development at the Prairie Creek mine and mill facility in the Northwest Territories.The property is 338 km north …
Inmet boosts Cayeli stake, closes Pyhasalmi purchase
As expected, Inmet Mining (IMN-T) has increased to 50% its interest in the Cayeli copper-zinc mine in eastern Turkey while completing its purchase of the similar Pyhasalmi mine in central Finland. The…
Tariffs or trade?
Recent moves by the United States government to protect its domestic steel industry show just how poorly the idea of free trade has worked its way into the general consciousness.Tariff protection has …
News – 01-APR-02
Gold Funds lead pack
U.S. mutual funds that invest in shares of gold mining companies outperformed all other sector categories in 2001, bolstering a long-standing belief that investor portfolios are more stable when a gol…
Poor fundamentals lurk
Some market-watchers continue to suspect that the first-quarter rally in base metals prices was premature and overdone. Prices fell sharply under the pressure of long liquidation by funds on March 22,…
Mint releases coin set
The Royal Canadian Mint in Ottawa has released two new hologram coins, including a one-quarter-ounce gold maple leaf coin and a gold maple leaf 5-coin set.The hologram on the quarter-ounce single coin…
Dia Bras starts Banankoro diamond search
A small private placement is funding Dia Bras Exploration’s (DIB-V) search for diamonds in Guinea.The Montreal-based junior acquired the right to earn a 60% interest in the Banankoro permit, which cov…
Golconda drills at Shulin
Juniors Golconda Resources (GA-V) and Shear Minerals (SMR-V) are deepening four reverse-circulation drill holes to test a possible kimberlite pipe at their Shulin Lake property, 75 km northwest of Anc…
Tiberon updates Nui Phao resource (April 01, 2002)
Based on results from 33 drill holes, junior Tiberon Minerals (TBR-V) has released an updated resource estimate for its Nui Phao tungsten property in Vietnam.Including copper and fluorite converted to…
South Pond drilling comes up nearly empty
A small drilling program at the South Pond copper-gold property in south-central Newfoundland has returned disheartening results for Celtic Minerals (CME-V).Seven core holes totalling 1,236 metres wer…