Orvana inks deal with Bolivia’s Comsur
A recent agreement with Bolivia’s largest mining company will provide Orvana Minerals (ORV-T) with US$18 million in cash and financing to place the Don Mario gold-silver-copper project into production…
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Mining: more than creating jobs
The Canadian mining industry is one of the few industrial sectors where Canadian knowledge, technology, expertise and corporate leadership dominate internationally. But it’s a position we must work ha…
El Morro drilling programme wraps up
Noranda (NOR-T) is encouraged by results from the last three holes drilled at the La Fortuna target, part of the El Morro copper-gold project in north-central Chile.The Toronto-based major is earning …
Expatriate receives extension
Vancouver — Cominco (CLT-T) has granted Expatriate Resources (EXR-V) a payment extension for its purchase of the Kudz Ze Kayah deposit in the Finlayson Lake District in the Yukon.According to the ame…
Canadian Stock Exchange Indices (June 11, 2001)
DateJune 5June 4June 1May 31May 30HighLowTSE 3008…
Fred Johnston
Fred Johnston, former vice-president of exploration for Canamax Exploration, has died. He was 69.Johnston completed his bachelor’s degree in geology at the University of New Brunswick in Saint John an…
De Beers discovers kimberlite sills at MZ Lake (June 11, 2001)
Exploration drilling by De Beers Consolidated Mines (DBRSY-Q) has uncovered a series of near-surface, sub-parallel kimberlite sills in the MZ Lake area of the AK property in the Northwest Territories….
Idaho Cons. drills at Stillwater
Denver — In search of the JM Reef, Idaho Consolidated Metals (IDO-V) has begun drilling at the Crescent Creek and Iron Creek targets in the Stillwater complex of southwestern Montana. Initially, the …
Globex, partners focus on Quebec Ashton gains ground in NWT
Three junior companies — Aurogin Resources (AUQ-V), Globex Mining Enterprises (GMX-T) and Sparton Resources (SPTN-V) — have acquired 32,000 ha of ground in the Wemindji area of northwestern Q…
Teck, Mansfield persevere at Rio Grande
Vancouver-based junior Mansfield Minerals (MDR-V) is encouraged by results from the first round of drilling on the Rio Grande iron oxide-copper-gold prospect in northwestern Argentina. The program has…
TSE Short Positions (June 11, 2001)
Short positions outstanding at May 31, 2001Larger individual positions include:Abitibi-Consolidated 1550553 up 272483; Alcan Inc. 1646690 up 154460; Aur Resources 165744 up 153075;…
Boliden succumbs to legal pressure
Boliden (BOL-T) has bowed to the pressure of legal action and signed an agreement to sell the Lomas Bayas copper pr…