Ocampo yields mixed results
Drilling at the Ocampo property in Chihuahua state, Mexico, has revealed more gold-silver mineralization for Gammon Lake Resources (GAM-T).At the Aventurero zone, two of three holes returned 15.2 metr…
2001
PEOPLE (January 15, 2001)
Black Bull Res. — John Keating appointed president and CEO.Grayd Res. — Anthony Floyd appointed director.Nelson Res. — Kong Teck Soon appointed CEO and director.Polymet…
Tri Origin resumes hunt
Junior Tri Origin Exploration (TOE-T) has raised $150,000 by issuing 1 million flow-through shares. Consequently, its outstanding shares have increased to 14.8 million.Proceeds are earmarked for diamo…
Rate cut can’t stop slide
Denver — The sudden interest rate cut by the U.S. Federal Reserve put a charge into the market on Jan. 3, only to see record-setting gains evaporate. The market finished the report period ended Jan. …
Eldorado tables Kisladag study
Vancouver — In the aftermath of a 16,000-metre drilling effort, Eldorado Gold (ELD-T) has tabled a scoping study that envisions a 10-year mine life for the promising Kisladag gold property in western…
CDNX posts gains on all fronts
Vancouver — With the mining index leading the way, Canada’s junior exchange posted gains on all indices during the report period ended Jan. 9. The Canadian Venture Exchange composite index tacked on …
Placer options Peruvian gold target
Denver — Placer Dome can acquire a majority interest in the Santa Rosa gold property in southern Peru from Vancouver-based Andean American Mining (AAG-V).Under an option agreement, Placer can earn an…
Freeport-McMoRan faces higher levels of political risk
A visit to the Grasberg copper-gold mine has prompted mining analyst Roger Chaplin of Canaccord Capital to issue a “speculative buy” recommendation for Freeport-McMoRan Copper & Gold (FCX-N), which op…
NAME CHANGES (January 08, 2001)
Goldbank Ventures Ltd. (GBK.A-V) has changed its name to Consolidated Goldbank Ventures Ltd. (CVT.A-V) on a 1-new-for-4-old-share basis.
Revisions to mining indices
The quarterly revision of The Northern Miner’s two mineral-industry market indices has resulted in the addition of Stillwater Mining (SWC-X) to the North American Mining Index.Stillwater, with a marke…
Canadian Stock Exchange Indices (January 08, 2001)
DateJan. 2Jan. 1Dec. 29Dec. 28Dec. 27HighLowTSE 3008611.51Holiday…
Rockwell explores for Brazilian PGMs
Vancouver — A private placement of 4.5 million units priced at 65 apiece has added $2.9 million to the coffers of junior Rockwell Ventures (RCW-V). The Hunter-Dickinson-led company will use the fund…