Rex drills targets in Mauritania (September 24, 2001)
Rex Diamond Mining’s (RXD-T) drilling campaign at its Karet South permit in north-central Mauritania has turned up…
News
Namco thrown a line
Still hurting for cash after an accident disabled its NamSSol seabed crawler during operations off the coast of Nam…
Western Troy aims at quick ounces
With gold’s fortunes looking a bit brighter, junior Western Troy Capital Resources (WRY-V) has decided to resume bu…
Trading Summary (September 24, 2001)
The U.S. markets finally bounced on Monday and finished in positive territory after an abysmal week last week. The…
Antamina alters revenue forecast
Vancouver — Some two months after shipping its first load of concentrate, the massive Antamina copper-zinc mine in north-central Peru has cut its sales forecast for next year in response to falling m…
Novagold tags the high grade at Donlin (September 24, 2001)
Vancouver — The first five holes in an ongoing drill program by Novagold Resources (NRI-T) have confirmed the high-grade nature of the Acma target on the 13-million-oz. Donlin Creek gold deposit in s…
Diamondex tests Carat kimberlite
Kimberlite samples from drilling by Diamondex Resources (DSP-V) on the Carat property in the Northwest Territories have been submitted to Lakefield Research for microdiamond analysis.The samples were …
Noranda takes down placement in Metallica
Denver — As part of a revised joint-venture agreement for the El Morro copper project in northern Chile, Noranda (NRD-T) will buy US$1 million worth of shares in Metallica Resources (MR-T).Noranda wi…
Aurora Platinum, Platinova print new shares
Recent insider-trading transactions reported by the Ontario Securities Commission in its OSC Bulletin include the following:- Agnico-Eagle Mines (AGE-T) — FMR Corp., which must report its trading act…
Mining sculpture erected in Sudbury
The Sudbury Mining Heritage Sculpture, celebrating the city’s mining history, has been erected in Bell Park.The sculpture was unveiled in mid-September after several years in the planning stage.The pr…
Falco, De Beers study Gope
Having bought some time by securing a 3-year retention licence for the Gope diamond project in the central Kalahari district of Botswana, equal joint-venture partners Falconbridge (FL-T) and De Beers …
Canada’s diamond industry reaches 10-year milestone
Diamonds were a respectable exploration target in Canada in the 1960s and 1970s when De Beers and several major companies launched highly secretive programs aimed at finding kimberlites similar to tho…