Analyst sees Namco rising from watery grave
Marine diamond mining is a high-risk business, as Namibian Minerals (NMR-T) discovered earlier this year when its NamSSol crawler system split in two while being recovered from the sea-bed in coastal …
News
Sulphides found at Stares
Vancouver — After years of chasing the source of high-grade ploymetallic boulders, partners RJK Explorations (RJX.A-V) and Greater Lenora Resources (GEN-T) have uncovered a 10-metre-wide zone of sul…
MOST ACTIVE ISSUES, JUNE 27-JULY 3
ExchgVol(000s)HighLowCloseChangeBarrick Gold*N1102315.3914.2014.84-0.71…
PEOPLE (July 09, 2001)
Boliden — Jan Johansson appointed president and CEO.Dia Met — Kowie Strauss appointed chairman; Graham Nicholis, appointed president, CEO and director; Chris Ryder appointed company secretary and CF…
Partners OK budget for Carat
Vancouver — Partners Diamondex Resources (DSP-V) and Tyler Resources (TYS-V) have approved a $860,000 summer exploration program on the Carat diamond property, some 350 km northeast of Yellowknife, N…
Grades confirmed at Magistral project
Vancouver — The first eight holes of this year’s drill program over the Magistral copper porphyry-skarn property in Peru have returned encouraging grades for partners Inca Pacific Resources (IP-V) an…
Virginia forms partnership with Placer Dome
Weeks after announcing a “strategic alliance” with Noranda (NRD-T), Virginia Gold Mines (VIA-T) has teamed up with Placer Dome (PDG-T) to explore for precious metals in the Labrador Trough regi…
Northern Miner Indices (July 09, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T18.8ComincoCLT-T4.9FalconbridgeFL-T5.9Franco-Nevada MiningFN-T6.3Freeport McMoRan Cop’r BFCX-N5.0Homestake MiningHM-N6….
Noranda eyes El Pachon (July 09, 2001)
Vancouver — In an effort to increase its mining exposure in South America, Toronto-based Noranda (NRD-T) has signed a letter of agreement with Montreal-based Cambior (CBJ-T) and Bolivia’s Comsur to a…
Randgold proposes buyback (July 09, 2001)
It’s not the kind of thing that happens often in the gold industry, but Johannesburg-based Randgold Resources has proposed a mandatory buyback of part of its issued capital.The company is offering to …
Knife pipe pegged at 6 ha
Based on the results of delineation drilling, together with ground geophysical data, the Knife kimberlite pipe in Nunavut is estimated to comprise a surface area of 6 ha.During spring drilling, the Ca…
Industrial slump drags down base metals
A small gain in lead prices prevented yet another across the board sweep lower in London Metal Exchange (LME) cash prices during the period June 25-29 as the rest of the base metals complex continued …