Walker Lane set for September drilling
Vancouver — With an airborne geophysical survey now complete over the 165-sq.-km Crystal diamond property in Manit…
2001
Lonmin rules out Ashanti merger
British-based platinum producer Lonmin says it has ruled out the possibility of a merger with Ashanti Goldfields (A…
Crown defaults on debentures (August 27, 2001)
Denver — Financially beleaguered Crown Resources (CRRS-O) says it will not make its final US$15.4-million payment,…
Coal sales help MIM
Vancouver — Yet another miner to see the benefits of a diversified portfolio, Australian-based MIM Holdings report…
Trading Summary (August 27, 2001)
The Toronto Stock Exchange 300 composite index gained 32.24 points, closing at 7,662.2 on Monday. Leading the way w…
Hecla reaches deal for clean-up
Denver — Hecla Mining (HL-N) has reached an agreement in principle with the U.S. government and the state of Idaho concerning its share of environmental clean-up costs in northern Idaho’s Coeur d’Ale…
Broad market rebounds, resource stocks soar
Bolstered by an reinvigorated resource sector, the Toronto Stock Exchange 300 index gained a healthy 132.54 points over the five trading days ended Aug. 21, finishing at 7,472.98.The yellow metal had …
US got it right, B.C. left in lurch
Coincidental with the arrival of your Aug. 6-12 issue, which contains the editorial “United we fall,” I received in the mail a glossy brochure promoting the Clayoquot Sound United Nations Educational,…
Metal Prices (August 27, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateAugust 21August 20August 17August 16August…
MOST ACTIVE ISSUES, AUGUST 15-21
ExchgVol(000s)HighLowCloseChangeAlcoa*N 10919 38.50 36.05 37.40 + 0.49…
Radius drills Lupita
Vancouver — Junior Radius Explorations (RDU-V) has tabled low-grade results from two more holes at the Lupita zone on its Tambor gold project in Guatemala. The Simon Ridgway-led company is now drilli…
Six undergrads get KEGS scholarships
Six undergraduate students at four Canadian universities will receive scholarships from the KEGS Foundation, the scholarship foundation of the Canadian Exploration Geophysical Society.Geophysics stude…