Kennecott ups diamond search at Rockinghorse
While Tahera (TAH-T) awaits details of next year’s budget for the Rockinghorse project in the Coronation Gulf diamond district of Nunavut, its joint-venture partner, Kennecott Canada Exploration, is c…
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Diavik helps skills program
Diavik Diamond Mines has donated $10,000 to the Northwest Territories and Nunavut chapter of Skills Canada in an effort to help fund programs providing courses in trades and technology.Skills Canada r…
Platinum in high demand
Demand for platinum is forecast to climb by 2.9% to 6.4 million oz. in 2002, according to an interim review of platinum-group-metal markets published by London-based Johnson Matthey.Chinese purchases …
Edgar Pye
Edgar Pye, who formed the Ontario Geological Survey in 1972, has died.A geology graduate of the University of Toronto, Pye began his career in 1948, mapping iron formations in Ashmore and Errington tw…
Eastmain sees deep zones at Clearwater
Initial results from an 18-hole drill program at the Clearwater project in the James Bay region of Quebec have traced shallow gold mineralization to a vertical depth of 500 metres, a result that has t…
Damang gives Repadre earnings boost
With a share in production from the Damang gold mine in Ghana now part of its portfolio, Repadre Capital (RPD-T) has posted earnings of $4.1 million (or 10 per share) on revenue of $5.9 million in th…
Silver Standard sets sights on Maverick Springs
Vancouver — Silver Standard Resources (SSO-V) is looking to form a joint-venture deal with Colorado-based Vista Gold (VGZ-T) to acquire all the silver resources hosted in the Maverick Springs gold-si…
Atlas Copco combines divisions
Atlas Copco will fold its drill rig and loader/truck businesses into one division by transferring production of the latter from Portland, Ore., to its Rock Excavation Technology Center in Sweden.The t…
Harmony grabs Jipangu’s High River stake
Harmony Gold Mining (HGMCY-Q), South Africa’s third-largest producer of the yellow metal, has agreed to acquire more than 17 million shares of Toronto-based High River Gold Mines (HRG-T) from Jipangu,…
Nevada Star tables results from MAN
Vancouver — Nevada Star Resource (NEV-V) reports encouraging results from surface sampling at its MAN nickel/copper/platinum-group-element project in Alaska.The project comprises both a 311-sq.-km pr…
Virginia active in James Bay area (November 18, 2002)
Equal partners Virginia Gold Mines (VIA-T) and TGW Corp. (GWC-V) report that initial results from a 19-hole drilling campaign on the Poste Lemoyne gold project in northwestern Quebec have extended the…
Fording courts suitors to thwart Sherritt takeover
The Toronto Stock Exchange Composite Index slipped 70.37 points to end the Nov. 6-12 report period at 6,329.27.The TSE’s gold index was up 5.39 points, partly on the back of a US$5.70-gain in the pric…