2002


An end to the plume theory?

Standard fare in geology textbooks and school classrooms across the world is that the hot springs, geysers and volcanoes of Yellowstone National Park, Hawaii, Iceland, and many other volcanic regions …



Breakwater gets debt extension (December 30, 2002)

Zinc miner Breakwater Resources (BWR-T) has struck a deal with its banking syndicate and Dundee Bancorp to extend repayment of more than US$44 million on its existing credit facilities.In late Novembe…



QGX confirms oxide gold in Mongolia

Vancouver — A 7-hole drill program centred on the Central Valley zone of the Golden Hill prospect in Mongolia has returned encouraging values for owner QGX (QGX-V).The first two holes proved to be th…



Partners prove up River Valley

Vancouver — Intent on confirming the economic potential of the River Valley platinum-palladium property, partners Pacific North West Capital (PFN-T) and Anglo American Platinum (AAPTY-O) have doubled…


New Blue Ice showing delivers goods

A kimberlite showing discovered last summer by Diamonds North Resources (DDN-T) at its wholly owned Blue Ice property on the Nunavut portion of Victoria Island has yielded a high count of microdiamond…


Alcoa to upgrade Baie-Comeau

Pittsburgh, Pa.-based Alcoa (AA-N) intends to spend $1 billion upgrading its smelter in Baie-Comeau, Que., to begin in late 2003.Under a deal with the Quebec government, the aluminum giant will invest…


Drill results augur well for DRC at Afton

Vancouver — DRC Resources (DRC-V) has tabled encouraging assay results from its Afton copper project, near Kamloops, B.C.This season’s drill program is part of a $4.7-million exploration program reco…


Nevada Star outlines target in Alaska

Vancouver — Exploration by Nevada Star Resource (NEV-V) has outlined a large massive-to-disseminated polymetallic target in the Dunite Hill (formerly Tangle-Lake) complex of its MAN project in Alaska…


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