Geomaque gains more time
Geomaque Explorations (GEO-T) now has until mid-December 2001 to restructure a credit facility with Resource Capital Fund. All scheduled payments continue to be deferred.Meanwhile, mining activities a…
2001
NovaGold expands Acma target
Vancouver — Recent drill results suggest that NovaGold Resources (NRI-T) is succeeding in defining a small but high-grade deposit within the larger resource at its Donlin Creek deposit in Alaska.Situ…
Solitario goes solo
Now going it alone, Solitario Resources (SLR-T) plans to begin 2,000 metres of drilling at the Pedra Branca palladium-platinum project in northeastern Brazil.This past summer, Rockwell Ventures (RCW-V…
Altius options Rambler property
Altius Minerals (ALS-V) has reached an agreement with privately held Ming Minerals to acquire the northern portion of the past-producing Rambler copper-gold mine in Newfoundland’s Baie Verte Peninsula…
Newmont jumps in
Applying a new twist to industry consolidation, Newmont Mining (NEM-N) has announced its intention to acquire Normandy Mining (NDY-T) and Franco-Nevada Mining (FN-T) to create the world’s large…
Alcoa tipped in takeover of WMC
The board of directors of Australian-based WMC (WMC-N) are reportedly mulling over an unconfirmed cash-and-share takeover bid, worth as much as US$6.2-billion (A$12 billion), or A$11 per share, from U…
New results bolster Skukum Creek
Vancouver — Recent drill results, together with an analysis of historical core, have enabled Tagish Lake Gold (TLG-V) to identify three zones of mineralization not included in previous resource calcu…
Eastfield hits high grade at Lorraine
Vancouver — Eastfield Resources (ETF-V) has tabled encouraging results from two more holes drilled on the Lorraine copper-gold-palladium property in north-central British Columbia.This year’s program…
Giant mine gets extension
The Federal Department of Indian Affairs and Northern Development (DIAND) and a wholly owned subsidiary of Miramar Mining (MAE-T) have signed an agreement to extend the life of the Giant gold mine nea…
The Northern Miner — North American Mining Index (November 19, 2001)
67.86 (-0.06)(Sept. 30/98 = 100)…
Rubicon, AngloGold report hot holes at Slate Bay
VANCOUVER — A 1,600-metre drill program by Anglogold (AU-N) and Rubicon Minerals (RMX-V) has returned encouraging gold values from the Slate Bay target in Ontario’s Red Lake district.The project is 1…
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