News

Summo hits extension of Centennial copper deposit

A 15-hole exploration program targeting the southern end of the Centennial copper oxide deposit in southeastern Utah has uncovered a new mineralized zone for Denver-based Summo Minerals (SMA-T).Coveri…



Aur spurned again

Aur Resources’ (AUR-T) 2-week-old bid to acquire a 76.5% interest in the Quebrada Blanca open-pit copper mine in Chile came to an abrupt end as one of the mine’s remaining shareholders, Chilean-based …


Juniors shift to PGMs

With gold prices still hovering around US$300 per oz., exploration companies are increasingly seeking other commodities, including platinum group metals (PGM), according to a report published by Halif…


Tombstone Park article fear-mongering

I was bemused to read the opinion by Vivian Danielson entitled “Yukon miners cry ‘foul’ over Tombstone park process” (T.N.M., March 6/00). Perhaps a better title would have been “Crusading Toronto pub…


Band-Ore in Canadian diamond hunt

Toronto-based junior Band-Ore Resources (BAN-T) has launched airborne geophysical surveys at two of its diamond exploration properties in eastern Canada.At the 25-sq.-km GQ diamond property in Musquas…


Rockwell funds Brazilian project

Rockwell Ventures (RCW-V) has raised the remainder of the $2.2 million needed to begin development at its Pedra Blanca platinum group elements project in Brazil.Financing for the project was raised un…


Gold Fields, Outokumpu ink PGM deal

Gold Fields (GOLD-N) and Outokumpu will explore jointly for platinum group metals (PGMs) on a 14,000-ha property in north-central Finland.Two layered intrusive complexes are known to exist on the prop…



Sunshine sees sparkle in Argentine play

Channel sampling at the Capricho massive sulphide project in Argentina has resulted in significant values for lead, copper and silver over a horizontal distance of 1,000 metres.The program, carried ou…



Second Romanian dam breaks

A tailings dam at the Baia Borsa base metal mine in northwestern Romania has broken, sending more waste into the Tisza River, a tributary of the Danube.Like the tailings dam at the Baia Mare gold proj…


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