Trans Am drills for gold
A bitterly cold winter has slowed, but not stopped, plans by Trans America Industries (TSA-V) to drill targets in the Lynn Lake gold camp of Manitoba.The Vancouver-based junior holds 26 contiguous cla…
2004
Noranda takes another kick at the can in Bathurst
With a little encouragement from a province anxious to secure its mining future, Noranda (NRD-T) has sent an exploration team back to northern New Brunswick to investigate the 50-year-old Bathurst bas…
Rare Earth explores nickel find at South Bay
Vancouver — With more than $3 million in its coffers, Rare Earth Metals (REM-V) is busy exploring its four mineral properties — three in Manitoba and one in Nevada.In Manitoba, the company is engage…
Candente aims drills at Peruvian targets
Vancouver — Candente Resource (DNT-V) is preparing to drill its Alto Dorado and Canariaco properties in northern Peru.At Alto Dorado, the company intends to complete at least 2,000 metres in the firs…
Minco goes east for ‘Carlin’ gold
Barring unforeseen events and assuming exploration continues apace, the Qinling Gold Triangle is poised to become China’s equivalent of Nevada’s Carlin trend — one of the premier gold-mining camps in…
Producer and Dealer Prices (March 08, 2004)
Antimony: Mid-mkt US$2,700/t.Bismuth: Mid-mkt US$3.15/lb.Cadmium: Mid-mkt US$0.55/lb.Cobalt: Recent trades US$24-28/lb.Copper: Comex Mar. US$1.376/lb.Indium: Indium Corp., ingot, US$375/kg.Iridium: Mi…
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…
BHP Billiton inks Chinese steel deal
Anglo-Australian giant BHP Billiton (BHP-N) has signed a US$9-billion deal to ship some 12 million tonnes of iron ore annually to four of China’s top steel mills.The 25-year deal is BHP’s largest-ever…