2000




Ashton closes offering

Ashton Mining of Canada (ACA-T) has raised $5.7 million through a rights offering.Approximately three-quarters of the net proceeds will be used to fund the company’s continuing exploration programs in…


McGill professor wins Derry award

Anthony Williams-Jones, a professor of earth and planetary sciences at McGill University, has won the Duncan R. Derry Medal for outstanding contribution by an economic geologist.The award is presented…



Franco-Nevada, Gold Fields to merge

Toronto-based royalty company Franco-Nevada Mining (FN-T) and Johannesburg-based mining house Gold Fields (GOLD-Q) have announced plans to merge, thereby creating one of the world’s largest gold minin…


Junior uranium explorer picked as speculative buy

Dale Hoffman’s JNR Resources (JNN-V) was recommended as a speculative buy at 20 by Wolverton Securities analyst Tracy Hurley, based on the recent discovery of unconformity-type uranium mineralization…


Noranda cuts new zones in Matagami camp

Only two months since announcing its discovery, Noranda (NOR-T) has attached a resource to the Perseverance zinc-copper zone near its Matagami concentrator in northwestern Quebec.Inferred resources ar…



Nuinsco to buy Bucko Lake

Following a 13-hole drill program, Nuinsco Resources (NWI-T) has decided to enter into an option to buy Falconbridge’s (FL-T) Bucko Lake property in the Thompson nickel belt, 100 km south of Thompson,…


The need for innovation

It is marvelous to witness the growth and spread of technology, though we must be wary of the tendency to over-invest in some sectors while neglecting others.Consider mining. The industry has invested…


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