Patrician joins Commander and Ascot in Nunavut
A letter of agreement with Diamonds North Resources, a subsidiary of Commander Resources (CMD-V) (formerly Major Ge…
News
The Northern Miner — North American Mining Index (June 17, 2002)
85.80 (-5.57)(Sept. 30/98 = 100)…
Kinross leaps into big leagues
Not content to sit aside as the industry marches forward with consolidation, Kinross Gold (K-T), Echo Bay Mines (ECO-T) and TVX Gold (TVX-T) have proposed a 3-way merger to create the world’s s…
NovaGold advances Donlin Creek
Anchorage, Alaska — With an US$8-million preliminary feasibility study under way, NovaGold Resources (NRI-T) expects to earn its 70% interest in the Donlin Creek project in Alaska before the end of t…
Ashton still bullish on Otish Mountains
Six years of regional reconnaissance exploration by Ashton Mining of Canada (ACA-T) and Soquem in the eastern Superior Craton of northern Quebec paid off in the fall of 2001 with the discovery of two …
News – 17-JUN-02
Koffiefontein mine goes platinum
The National Occupational Safety Association (NOSA) of South Africa has awarded five plantinum stars to De Beers’ Koffiefontein diamond mine, in the Free State.It is the highest rating a mine can rece…
Correction (June 17, 2002)
The photo accompanying the story “Newmont unfazed by first-quarter loss” (T.N.M., May 27/02) carried the caption “Construction of the Sage mill in Nevada during the mid-1990s.”The photo printed in the…
The Northern Miner — Small Producers Index (June 17, 2002)
94.25 (-7.84)(Sept. 30/98 = 100)…
Slave Craton district still hot as market awaits results
Although recent exploration by Ashton Mining of Canada (ACA-T) in Nunavut resulted in the discovery of two new kimberlites, the market’s focus is chiefly on the Artemisia and Potentilla pipes, from wh…
Fort la Corne play takes shape
Saskatchewan is the Rodney Dangerfield of diamond plays: it gets no respect.After a decade of lethargic exploration and mundane results, which were eclipsed by the more exciting discoveries in the Lac…
Making the grade: Diamonds take forever
Finding a kimberlite pipe, the peculiar rock type and formation that hosts most of the world’s significant diamond deposits, is a tall order; finding one that actually contains diamonds, even more so….