Newmont resumes search at Limousine Butte
In preparation for a third round of drilling on the Limousine Butte gold property in east-central Nevada, a field crew from Newmont Mining (NEM-N) has begun soil sampling and ground geophysics prior t…
News
Great Basin delves under Hollister
Deep drilling by Great Basin Gold (GBG-V) is testing for Devonian carbonate rocks below the Hollister deposit at the Ivanhoe property in Nevada’s Carlin trend.Ivanhoe is midway between two major opera…
Cordero shows gallium values
At the Cordero property, near McDermitt, Nev., Gold Canyon Resources (GCU-V) has uncovered gallium values in the range of 200 grams per tonne — purportedly the highest such grades so far encountered …
Messina moves to production
Rand Merchant Bank has agreed to participate in a R345-million loan agreement being sought by a subsidiary of SouthernEra Resources (SUF-T) to construct the Messina platinum group elements mine in Sou…
Idaho revs up Stillwater program
A 4,000-metre drill program is testing the first of two targets outlined by Idaho Consolidated Metals (IDO-V) at the Stillwater complex in Montana.The junior, which owns 110 sq. km of ground adjacent …
News – 11-JUN-01
Noranda, Falco sue Boliden
Noranda (NOR-T) and affiliate Falconbridge (FL-T) have filed a lawsuit in the Ontario Superior Court of Justice against Swedish-Canadian miner Boliden (BOL-T) and affiliated companies over Boli…
Don’t hold your breath
The late-May spike in the gold price proved to be short-lived, but that didn’t prevent gold bugs from speculating that the bears, the banks and the bookkeepers were at last going to be put to rout. Fo…
Ken Snyder sale closes
Shareholders of Normandy Mining (NDY-T) have approved the agreement with Franco-Nevada Mining (FN-T) under which Normandy will take over the Ken Snyder mine at the northern end of Nevada’s Carlin gold…
PEOPLE (June 11, 2001)
Cogema — Tim Gitzel appointed president and CEO; Vincent Martin appointed senior VP and COO.Vista Gold — James Garrington, Ovidio Pereyra and Alessandro Perez appointed members of the advisory commi…
Idaho cobalt on fast track
Denver — After submitting a plan of operations for the Idaho Cobalt project, Formation Capital (FCO-T) has voluntarily agreed to a joint review by state and federal regulators and third-party consult…
More drilling at Scossa
Denver — In light of a successful 2000, Romios Gold (YRW-V) plans to resume drilling at the Scossa property, 6 miles southeast of the Rosebud mine in northern Nevada.The new campaign, budgeted at US$…