Trillion options Karasberg
Vancouver-based Consolidated Trillion Resources (TLQ-T) has secured rights to earn up to a 100% interest in the Karasberg project from a unit of BHP (BHP-N).Karasberg consists of five exclusive prospe…
News
The Northern Miner — Small Producers Index (May 28, 2001)
57.34 (+4.63)(Sept. 30/98 = 100)…
Boyongan copper-gold discovery attracts market attention
A year or so ago, Philex Gold (PGI-V) was just another struggling producer barely noticed by investors. Although the company’s sole operation in the Philippines still isn’t turning a profit at current…
Gold Fields, Outokumpu seek PGMs in Finland
World-wide interest in exploration for platinum and palladium continues to be stimulated by the dramatic rise in prices for these commodities. Since 1996, the price of palladium has steadily increased…
Geomaque chalks up quarterly loss
Lower realized prices and production translated into a first-quarter loss for Geomaque Explorations (GEO-T).Losses in the period totalled US$1.1 million (or 2 per share) on revenue of US$2 million, c…
TSE Shorts (May 28, 2001)
Short positions outstanding at May 15, 2001Larger individual positions include:Aber Diamond Corp. 166,214 up 130,107; Alcan Inc. 1,492,230 up 385,323; Anderson Exploration Ltd. 4,697,815…
MOST ACTIVE ISSUES, MAY 16-22
ExchgVol(000s)HighLowCloseChangeKinross GoldT 302251.550.981.39+0.44…
Major funds search for PGMs
Teck (TEK-T) has completed a $250,000 flow-through financing in each of East West Resource (EWR-V) and Canadian Golden Dragon Resources (CGG-V) and reached a deal with the pair to explore eight…
Partners discover third PGM layer at River Valley
Drilling appears to have intersected a third mineralized horizon at the River Valley platinum group metals property in the Sudbury region of Ontario.Toronto-based Mustang Minerals (YMU-V) and its Sout…
McVicar, BHP option Pigeon River (May 28, 2001)
Partners McVicar Minerals (MVR-V) and BHP (BHP-N) have optioned Falconbridge’s (FL-T) Pigeon River copper/nickel/platinum-group-element project, near Thunder Bay, Ont.The property includes 4…
Queenston, Thundermin table study
A positive feasibility study of the Duck Pond copper-zinc project in central Newfoundland means partners Thundermin Resources (THR-T) and Queenston Mining (QMI-T) will now be looking for permits and f…
Boliden shuns Bayas deal, will restructure
A restructuring deal that would see Boliden (BOL-T) retire a large part of its corporate debt has hindered the company’s plan to sell its Lomas Bayas copper project in northern Chile.The restructuring…