Diavik’s success spawns new mine plan
The Diavik mine in Canada’s Far North has consistently exceeded design expectations and delivered better-than-expected diamond values during the ramp-up to full production.
News
lonore adds oomph to Quebec camp
While still in the early stage of exploration, the lonore gold prospect in the James Bay region of north-central Quebec is shaping up to be quite a find.
Precious metals drop, juniors twitch
A significant decline in precious metal prices over the week took the wind out of the junior resource market. The S&P-TSX Venture Composite Index closed at 1,721.79 for the week Dec. 8-14, up slightly from previous week’s close of 1,712.19, but no…
‘Tis the season for volume trading
The report period Dec. 8-14 saw the price of gold fall US$14.70 to close at US$437.10 per oz. in the afternoon in London. The gold index managed to hold its own and fell a mere 0.19 of a point to close at 209.11, and the diversified metals and min…
Dissidents win control of Arizona Star
Vancouver – Albert Friedberg’s efforts at wrestling control of Arizona Star (AZS-T) away from its larger affiliate,…
Afcan picks up rest of Mt. Kakoulima
Afcan (AFK-T) has bought the 47% interest it didn’t already own in the Mt. Kakoulima nickel-sulphide project in Gui…
Partners target Seal River
Nustar Resources (NTR-V) has identified some 30 new kimberlites targets on the Seal River project area in northern…
Western Canadian clinches major coal deals
Vancouver – It looks like more northeastern B.C. coal will be heading to South Korea to fire that country’s steel i…
Queenstake hits jackpot at Starvation Canyon
Queenstake Resources (QRL-T) has cut high gold grades combined with impressive widths at its Starvation Canyon proj…
Aguablanca gives birth (December 16, 2004)
Rio Narcea Gold Mines (RNG-T) has produced its first batch of nickel concentrate from the Aguablanca nickel-copper…
Grande Cache inks supply deal (December 16, 2004)
Shares in Grande Cache Coal (GCE-T) were 70, or nearly 5%, higher at $15.10 in afternoon trading in Toronto on Dec…
Glamis bids for Goldcorp
Glamis Gold (GLG-T) has launched a hostile, all-share bid for Goldcorp (G-T), contigent upon the latter scrapping i…