Tenke raises funds for Vicuna
Vancouver — Tenke Mining (TNK-T) will sell 3 million shares to a syndicate of underwriters in return for $8.25 million, some of which will be used to explore the Vicuna copper-gold-silver project in …
2004
Southern Rio cuts gold at 3Ts project (March 08, 2004)
Vancouver — Southern Rio Resources (SNZ-V) has tabled encouraging assay results following exploration drilling on the 3Ts project in central British Columbia.The program tested several targets on the…
Tournigan drills Curraghinalt
Vancouver — Drilling by Tournigan Gold (TVC-V) has intersected high-grade gold mineralization at the Curraghinalt project in Northern Ireland. The program is designed to upgrade the resource classifi…
Alcoa sheds its chemicals division
Aluminum giant Alcoa closed the period ended March 2 up US45 to US$37.71 after its 60%-owned subsidiary Alcoa World Alumina & Chemicals completed the sale of Alcoa Specialty Chemicals to two private …
US metal output slips
Many indicators reflect a rebounding U.S. economy: rising consumer confidence, higher retail sales, greater industrial production, and more new home starts. Yet production from metal and industrial mi…
Fernando Bearzi
Fernando Bearzi, known as the logistical expert in Argentina, has died of complications following surgery there.In the 1990s, Bearzi provided logistical support for miners working in the country via h…
Suppliers Roundup (March 08, 2004)
ALS expands in South AfricaALS Chemex is preparing to open a new, full-service lab in Johannesburg.The lab will service the growing need for sample analysis in Africa and help ALS Chemex expand its pr…
Teck Cominco declares force majeure at Trail
Teck Cominco (TEK-T) has declared force majeure on deliveries of refined lead from its Trail smelter in southeastern British Columbia.An explosion inside the Kivcet lead furnace at Trail caused extens…
Western Keltic acquires Kutcho Creek in BC
Western Keltic Mines (WKM-V) will perform exploration drilling on its newly acquired Kutcho Creek project in northern British Columbia.The Kutcho Creek volcanogenic massive-sulphide deposit is one of …
Azure active at Meguma
Vancouver-based Azure Resources (AZR-V) is underground on the Mooseland project, 70 km north of Halifax, where it recently took a bulk sample of more than 2,000 tonnes from the Irving, Little North an…
High River strengthens bonds with Jilbey in Burkina Faso
A proposed deal would see Jilbey Gold Exploration (JLB-V) become the exploration arm of High River Gold Mines (HRG-T) in Burkina Faso.Under the deal, High River would transfer all its exploration prop…
Fronteer raises $6m for exploration
Vancouver — Fronteer Development Group (FRG-T) intends to raise $6 million through a private-placement financing, with most of the proceeds earmarked for exploration in Labrador and Red Lake. The fin…