2002


Geologists from Radius Exploration examine a mineralized outcrop at the El Tambor property in Guatemala.

Radius explores Guatemalan projects

Vancouver — Having optioned its Tambor property to South African major Gold Fields (GOLD-Q), Radius Explorations (RDU-V) is busy developing other gold prospects along the Montagua fault trend in Guat…


Silver Standard teams with GoldOre Resources

An option agreement with Gold-Ore Resources (GOZ-V) sets the stage for Silver Standard Resources (SSO-V) to extend its search for bulk-minable silver deposits to include Mexico’s Sinaloa state.Silver …


Queenstake to proceed with production at Magistral

The Magistral gold project in northern Sinaloa state, Mexico, will be pouring gold by September following a positive production decision by operator Queenstake Resources (QRL-T) and its joint-venture …


Meridian eyes half-stake in Gold Hawk

Mid-tier producer Meridian Gold (MNG-T) has reached an agreement that could give it a controlling interest in Montreal-based junior Gold Hawk Resources (CGK-V).Under the proposed deal, Meridian would …


Drills turn at McCuaig (February 11, 2002)

Vancouver — Rubicon Minerals (RMX-V) has kicked off a 3,050-metre drill program on the McCuaig gold project in Red Lake, Ont.The company is targeting a gold-bearing structural zone discovered last ye…



Phelps Dodge ends dismal year (February 11, 2002)

Vancouver — Poor demand and weak prices plagued the balance sheet of the world’s second-largest copper producer in 2001.Phelps Dodge (PD-N) posted a fourth-quarter loss of US$78.3 million (or US$1 pe…


Expatriate exits Fox River (February 11, 2002)

Vancouver –The Hunter-Dickinson group ends up with a 15.7% stake in cash-strapped Expatriate Resources (EXR-V) following the junior’s withdrawal from a $2.5-million deal to pick up a 12% stake in the…


CIM looks for comments on practice guidelines

The Estimation Guidelines Committee of the Canadian Institute of Mining, Metallurgy and Petroleum has completed its draft guidelines covering proposed “best practices” for estimating mineral resources…



Canabrava to raise $1.2m

In the midst of diamond exploration in northern Ontario and the Mistassini area of north-central Quebec, Canabrava Diamond (CNB-V) intends to raise up to $1.2 million by selling up to 3 million units …


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