Drill program expanded at Foy
Vancouver — Armed with new geophysical data, Aurora Platinum (ARP-V) has increased the drill metres for its current program on the Foy nickel-copper-platinum-palladium property, near Sudbury, Ont.An …
News
Low commodity prices, high costs cast pall over 2000
Vancouver — The brutal combination of high costs and weak commodity prices translated into more mine closures than openings in the past year. Several companies were forced to suspend mining and devel…
The Northern Miner — North American Mining Index (January 01, 2001)
78.53 (+1.42)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (January 01, 2001)
43.92 (+0.40)(Sept. 30/98 = 100)…
Leadville options Mexican gold deposit
Denver — Junior Leadville Mining & Milling (LMMI-O) has signed a letter of intent to acquire the El Chanate gold property in Sonora state, Mexico, from a subsidiary of AngloGold (AU-N).The junior has…
Cambior converts loan to shares
Jipangu, a private Japanese investment company oriented toward the gold sector, has agreed to subscribe to a private placement of 15 million common shares of Cambior (CBJ-T) priced at US42 each, or U…
Harmony Gold expands with two deals
Denver — When Harmony Gold Mining (HGMCY-Q) says it grows through acquisition, it is not a statement to be taken lightly. In the past five years, the company has made 14 such deals, and now it intend…
Emily Ann to go ahead
Australian-listed LionOre Nickel, a 75%-owned subsidiary of LionOre Mining International (LIM-T), says it will develop its wholly owned Emily Ann nickel sulphide project when it has completed formal d…
Majors finance base metal revival in Newfoundland
Vancouver — As Inco (N-T) patiently awaits a resolution to the frustrating development dispute that has stalled its Voisey’s Bay nickel-copper-cobalt project in Labrador, other companies are stepping…
NAME CHANGES (December 25, 2000)
Duran Gold Corp. (DRN-V) has changed its name to Duran Ventures Inc. (DRV-V) on a 1-new-for-2-old-share basis.Nickelodeon Minerals Inc. (NKM-V) has changed its name to Strongbow Res…
Raymor, McGill team up for lithium project
Quebec City-based Raymor Industries (RAR-V) is collaborating with researchers from McGill University on a project designed to achieve commercial production of lithium metal from the mineral spodumene….
Green light for Diavik joint venture
Vancouver — Patience and perseverance have paid off for Rio Tinto (RTP-N) and Aber Diamonds (ABZ-T) at the Diavik joint venture in the Northwest Territories. Following months of licensing delays, the…