Workers seize assets of Zimbabwean mine
Workers have seized the assets of a gold mine near Mberengwa in southwestern Zimbabwe.At presstime about 300 workers had taken control of Procter Metals stamp mill in response to alleged provocation b…
News
Inmet extends Aussie base metal find
Drilling by Inmet Mining (INM-T) has intercepted strong zinc-copper-silver grades at the Teutonic Bore project in Western Australia, extending the strike length of a high-grade discovery to more than …
Diamondex budgets $3-4m for exploration in ’02
Having discovered and developed the Snap Lake diamond project, which De Beers purchased in 2000 for about $480 million, the technical team of Diamondex Resources (DSP-V) is continuing to explore for k…
Silver used in bandages
Advanced Medical Solutions (AMS) of the U.K. will use silver-based fibres in its bandages following an agreement to join forces with Noble Fiber Technologies (NFT) of Pennsylvania.Silver is used as an…
Goldcorp packs on financial muscle
Mid-tier gold producer Goldcorp (G-T) has nearly doubled its cash reserves by selling US$144 million worth of units to a syndicate of underwriters.The bought deal, led by Griffiths McBurney & Partners…
MAC awarded for GHG emissions work
The Mining Association of Canada (MAC) has received an award for its efforts to reduce greenhouse gas (GHG) emissions.The award was presented at a ceremony in Ottawa by the Voluntary Challenge and Reg…
Dios finds G10 pyrope garnet (April 22, 2002)
Dios Exploration (DOS-V) has discovered a G10 pyrope garnet on the 33 Carats property in the Otish Mountains region of north-central Quebec.The company recovered five pyrope garnets from till samples …
Amplats workers end strike
Striking workers at Anglo American Platinum’s base and precious metals refineries in Rustenburg, South Africa, have returned to work after a court ruled the strikes were illegal.This follows a ruling,…
GSC marks 160 years
April 14 marked the 160th anniversary of the establishment of the Geological Survey of Canada.Those readers who were student employees in the field and laboratory will hold the GSC in special affectio…
USGS report on Afghanistan
The gem, metal and mineral resources of Afghanistan are described in a new report from the U.S. Geological Survey.The 10-page report and its appendices list, by name and location, more than 1,000 site…
Drilling heats up at Meadowbank
At its 3-million-oz. Meadowbank gold project in Nunavut, Cumberland Resources (CBD-T) is spending $2.5 million on a drilling program aimed at outlining enough ounces to support a 10-year mine capable …
Mideast crisis spells downside risks for metals
Several factors — the dearth of economic indicators that would indicate that manufacturing fundamentals are improving, the release of poor corporate financial results for the first quarter, and the p…