The Northern Miner — Small Producers Index (July 23, 2001)
49.99 (-0.56)(Sept. 30/98 = 100)…
News
Quaterra targets classic platinum play
Ketchikan, Alaska — Some 56 km north-northwest of this regional port city, Vancouver-based Quaterra Resources (QTA-V) and partner International Freegold Mineral Development () are taking platinum exp…
RJK, Greater Lenora uncover showing
After several years of searching for the source of high-grade polymetallic boulders, partners RJK Explorations (RJX-V) and Greater Lenora Resources (GEN-T) have uncovered a new massive sulphide occurr…
Asia Pacific revises strategy for Udon Thani project
The potash industry is dominated by a handful of producers with sufficient resources to operate for centuries to come, which partially explains why new entrants are not exactly shown the welcome mat. …
Correction (July 23, 2001)
A recent story (T.N.M. July 16-22/01) contained incorrect information about DRC Resources’ (DRC-V) Afton property near Kamloops, B.C. The deposit holds an indicated resource of 25 million ton averagin…
Ivanhoe finds more Mongolian metals
Exploration drilling at the Turquoise Hill project in southern Mongolia has returned more copper-gold-molybdenum porphyry for Ivanhoe Mines (IVN-T).Hole 150 bored through 590 metres (from 70 metres on…
Namco creditors approve restructuring (July 23, 2001)
Creditors of Namibian Minerals (NMR-T) have approved a plan of arrangement that will bring the company’s subsidiaries out of provisional liquidation, leaving it to the South African courts to give fin…
News – 23-JUL-01
Kimberlite float found at Star
A sub-surface layer of till containing kimberlite float boulders has been uncovered by Ashton Mining of Canada (ACA-T) at the Star joint-venture property in the Northwest Territories.The junior diamon…
Ghana ponders dropping Ashanti’s “golden share”
Denver — Ghana’s Mining Commission has recommended that the government reduce its involvement in the gold industry, by scrapping state participation in mining operations and dropping its “golden shar…
Odds ‘n’ sods: A multi-purpose shaft
The late, great prospector John “Scotty” Skodusky of Margaree of Cape Breton Island, N.S., was a dreamer.The first day I met Skodusky, in 1961, I was still a geological sprout. I phoned him and mentio…
South Africa’s unions set to strike
The National Union of Mineworkers (NUM), the largest mining union in South Africa, and the country’s Chamber of Mines, which represents most big mining companies, are burning the midnight oil in hopes…