BHP disappointed at DHK, WI claims in NWT
Diamond explorer Archon Minerals (ACS-V) has come up empty after drilling 14 geophysical targets on the DHK and WI claim blocks in the Lac de Gras area of the Northwest Territories.A year ago, BHP Dia…
News
Wawa diamond hunt slow but steady
Fed by initial prospecting successes, the Wawa diamond hunt may have stirred some enthusiasm in its early days, but it now appears to be settling down to slower and more systematic exploration.The are…
Hunters busy at Fort la Corne
Vancouver — Three large-diameter (24-inch) reverse circulation drill holes have been completed to date on the kimberlite body dubbed 141 at the Fort la Corne joint-venture diamond project in northe…
Martha mine thaws out
Following a two-month shutdown caused by unusually severe winter conditions, mining has resumed at Yamana Resources’ (YRI-T) high-grade Martha underground silver mine on the Bacon property in the sout…
Ashton discovers kimberlite south of Coronation Bay
A decision by Northern Empire Minerals (NEM-V) to fund its share of drilling on the Kikerk Lake diamond joint-venture project has paid off with the discovery of a new kimberlite body, dubbed Potentill…
Global Diamond Diavik project inches toward April 2003 startup
Construction of the Diavik diamond mine is nearly one-third finished, with startup slated for April 2003.When all is said and done, London-based Rio Tinto (RTP-N) and Toronto-based Aber Diamond (ABZ-T…
Tahera options Jericho project to Kennecott Canada
A series of restructuring moves is enabling Tahera (TAH-T) to step up exploration of its extensive landholdings in the Northwest Territories and Nunavut.In the latest development, the junior optioned …
Formation Capital buys Sunshine refinery
Denver — Formation Capital (FCO-T) has acquired an option to buy a silver refinery, antimony plant and tailings pond at the Sunshine mine, near Kellogg, Idaho.The purchase price is US$2.3 million, th…
GREATEST VALUE TRADED, SEPTEMBER 12-18
ExchgVal($000s)HighLowCloseChangeAlcoa*N46447632.5029.8030.20-3.60…
Exchange Rates (September 24, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateSept. 18Sept. 17Sept. 14Sept. 13Sept. 12US$ in C$…
Inca Pacific pushes Magistral to prefeasibility
Vancouver — Inca Pacific Resources (IP-V) intends to advance the Magistral copper porphyry-skarn project in Peru to the prefeasiblity stage, despite having received only mixed results from the final …
The Northern Miner — North American Mining Index (September 24, 2001)
72.30 (-1.25)(Sept. 30/98 = 100)…