2001

Junior Vannessa Ventures (VVV-V) has purchased a 95% interest in the Las Cristinas gold project in Venezuela for a “nominal” amount of cash and the assumption of the project debt owed to vendor Placer…

Twin Mining (TWG-T) has recovered several commercial-size stones, including one weighing one carat, from test pits on the Freightrain kimberlite prospect at Baffin Island in Nunavut.This past spring, …

Drilling by De Beers Canada Exploration on the LDG (formerly Thor) property in the Northwest Territories failed to intersect kimberlite.Three targets were drilled on the basis of till sampling and gro…

Further drilling by operator and 60% owner Homestake Mining (HM-N) at the Veladero property in the Argentine Andes has nearly doubled gold reserves and upped silver reserves by 60%. But engineering wo…

Vancouver — Political uncertainty in Indonesia has come home to roost for prospective nickel laterite miner Weda Bay Minerals (WDA-T).The company has suspended work on its nickel and cobalt project o…

Nickel producer Inco (N-T) posted second-quarter earnings of US$45 million as revenue from nickel sales continued to shrink. At the same time, the company unveiled a deal with the government of New Ca…

With results continuing to exceed predictions, Goldcorp (G-T) has once again revised its production forecast for the Red Lake mine in northwestern Ontario.Production is now expected to top an impressi…

Better operating results but poorer metal prices combined to keep second-quarter earnings at Inmet Mining (IMN-T) roughly the same as in 2000. For the three months ended June 30, the copper and gold p…