News

PEOPLE (October 08, 2001)

Manhattan Minerals — Sally Eyre appointed manager of corporate communications.Nucanolan — John Archibald, Gar Rankin and Joe Ruffo appointed directors.Nord Pacific — John Roberts appoi…


Canmine expands cobalt refinery

Canmine Resources is modifying its namesake refinery in Cobalt, Ont., after closing a $6.7-million financing this past summer.A 13,388-sq.-ft. expansion, which will roughly double the size of the plan…


Metorex axes Chibuluma South

Falling copper prices and climbing processing costs have forced London-listed Metorex to pull the plug on the Chibuluma South copper mine in Zambia.The company says the high-grade deposit will be retu…


PGM to work Stucco

Junior Platinum Group Metals (PTG-V) will begin exploring the Stucco palladium property near Thunder Bay, Ont.The area is one of two palladium plays in the province and is home to the Lac des les min…


Cdn Royalties drills Phoenix

Canadian Royalties (CZZ-V) reports encouraging platinum-palladium-gold grades at its Phoenix prospect in northern Quebec.Hole 2, drilled at minus 45 to the northeast, targeted the western part of a c…


Masuparia cuts high grade at Greywacke property

Vancouver — Masuparia Gold (MPG-V) has kicked off a 1,000-metre drill program at its Greywacke project, 90 km northeast of La Ronge, Sask.The first hole intersected 22.9 grams gold per tonne over a t…


NAME CHANGES (October 08, 2001)

Silverarrow Explorations (SVI-V) has changed its name to Aladdin Resources (ADN-V) on a 1-new-for-8-old-share basis.Quattro Resources (QRO-V) has changed its name to Aldershot Resou…


Stand-alone Fording eyed as takeover target

Fording Coal has left the broad umbrella of railway and hotel giant Canadian Pacific to become a stand-alone, publicly traded company. The new, Toronto-listed entity is now known simply as Fording (FD…


Bulls beat bears on CDNX

Vancouver — Canada’s junior exchange posted modest gains on all indices amid a high volume of trading. The Canadian Venture Exchange composite index closed the week ended Oct. 2 up 58.26 points, or 2…


PFN winds down River Valley drilling

Junior Pacific North West Capital (PFN-T) has released the final results of a fourth phase of drilling at the River Valley palladium project near Sudbury, Ont.Ninety-eight holes were sunk at the Dana …


Manitoba rehabilites abandoned mines

The Manitoba government will contribute $2 million toward the rehabilitation of abandoned mine sites.Industry, Trade and Mines will contribute $1 million over four years to cap and close off open shaf…


Colorado geoscience conference

The Colorado Geological Survey will host a geoscience conference Oct. 15-16 at the Doubletree Hotel in Durango.Discussions will focus on land-use planning, recognition and mitigation of geologic hazar…


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