Hunt heats up in Quebec
Ashton Mining of Canada (ACA-T) is preparing to drill-test several targets this fall at its Otish Mountains joint-venture project in north-central Quebec.Ashton flew a geophysical survey over the Otis…
2001
Falco plans suspension
The ongoing weakness in nickel markets, coupled with high oil prices, is forcing Falconbridge (FL-T) to suspend production at its 85%-owned nickel laterite mine in the Dominican Republic.The gates wil…
Rio Narcea slips back into red (September 03, 2001)
Unable to maintain the record-setting production rate attained in the first quarter, Rio Narcea Gold Mines (RNG-T) incurred a net loss of US$474,500 (or 0.07 per share) during the three months ended …
Lower grades hamper Claude’s performance
A dramatic drop in production at the Seabee gold mine in Saskatchewan pushed Claude Resources (CRJ-T) $1.2 million into the hole in the first half of 2001.The 3-per-share loss comes on revenue of $15…
Partners up stakes in Manantial Espejo
Junior Silver Standard (SSO-V) has acquired Barrick Gold’s (ABX-T) 20% interest in the Manantial Espejo silver-gold…
Newmont eyes round two at RDN
Vancouver — The results from an eight-hole drill program over Rimfire Minerals’ (RFM-V) RDN gold-silver property h…
Santa Rosa moves forward
Vancouver – Having been plagued with startup problems, Andean American Mining (AAG-V) has its pilot plant up and ru…
Antam smelter furnace repaired
At the ferronickel smelter at the Pomalaa nickel facility in southeastern Sulawesi, Indonesia, repairs to the coola…
Noranda faces plastic charges
Noranda’s (NRD-T) Brunswick lead smelter in Belledune, New Brunswick, and two of the company’s senior managers have…
Delta Gold bucks the trend
Vancouver — The latest financial results tabled by Australian-based Delta Gold could heat up its merger talks with…
Trading Summary (August 31, 2001)
Badly beaten and bruised, the Toronto Stock Exchange managed to limp into the Labour Day long weekend with a glimme…
Mesamax shows high PGMs
Vancouver — The assaying of an historic drill hole for platinum-palladium mineralization at the Mesamax nickel-cop…