Barrick at work in Alaska
Vancouver — Mining titan Barrick Gold (ABX-T) has kicked off a $600,000 exploration program on the California and Surf properties, held jointly by Rimfire Minerals (RFM-V) and Western Keltic Mines…
News
Partners search for northern gold
Windy Camp, Nunavut — North of the Arctic Circle, Miramar Mining (MAE-T) and Hope Bay Gold (HGC-T) are faced with the challenge of finding enough near-surface, high-grade ounces to justify advancing …
Iamgold ponders fate of exploration projects
Recent exploration has prompted Iamgold (IAM-T) to walk away from the FSC project, in South Africa, and consider a similar action at the Moeda and Retazos projects in Brazil and Ecuador, respectively….
Inmet hits high grade at Cayeli mine in Turkey
Deep drilling by Inmet Mining (IMN-T) has returned an impressive 25.5-metre intersection grading 14.4% copper and 8.5% zinc, plus 129 grams silver per tonne, below the existing workings of the Cayeli …
Getting certified in BC
The question of how to certify mineral assay laboratories and analysts has been a hot topic in the industry over the past few years. In British Columbia, a successful program of assayer registration h…
NovaGold explores Donlin Creek gold project
Denver — Junior NovaGold Resources (NRI-T) has begun modelling the Donlin Creek deposit in southwestern Alaska in preparation for further drilling in July.Earlier this year, the California-based comp…
Chapleau options Kougarok tantalum property in Alaska
An agreement with Navigator Exploration (nvr-v) allows Chapleau Resources (CHI-V) to earn up to a 60% interest in the Kougarok tantalum property in north-central Seward Peninsula, about 112 km from No…
Producer and Dealer Prices (June 18, 2001)
Antimony: Mid-mkt US$1,125/t.Bismuth: Mid-mkt US$3.80/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$11.00-12.75/lb.Copper: Comex May US$0.726/lb.Indium: Ind…
News – 18-JUN-01
Gold paying the price of past hoarding
It was a nice two weeks, but gold faded back to US$265 per oz. as though it had never seen US$280. Gold lease rates, which went up — gasp! — half a point, are back near 2%. Nothing seems to move the…
Inmet options Lemoine
Toronto-based Inmet Mining (IMN-T) has optioned the Lemoine base metal property in Quebec’s Chibougamau mining camp from Loubel Exploration.To earn a 60% interest, Inmet must spend $3 million on explo…
Poised for recovery
Natural Resources Canada has completed its annual report on trends in Canadian mineral exploration.The mineral exploration sector experiences cycles that last about 10 years. Past lows in exploration …