U.S. lawyer Edward Fagan, known mostly for forcing Swiss banks into a US$1.25-billion settlement for Holocaust victims, has filed suit in a U.S. court for up to US$6.1 billion in damages against Anglo…
Regulators in West Virginia have approved the experimental use of diesel-powered equipment at two Peabody Coal operations, ending a longtime ban on the use of internal combustion engines in undergroun…
EXTECH IV study sees potential for unconformity-type depositsApproximately 10% of the Athabasca Basin is in northeastern Alberta, but this region has yet to yield a uranium deposit comparable in size …
Changes to accounting practices at Crystallex International (KRY-T) have obliged the company to restate its earnings for three quarters in 2002.The restatements became necessary because of changes to …
The discovery of deep high-grade copper-gold mineralization in stepout drilling on the Far North zone in Mongolia’s South Gobi region is changing the complexion of the Turquoise Hill project.Ivanhoe M…
A tepid reception has prompted Freeport-McMoRan Copper & Gold (FCX-N) to spruce up an offer for early redemption of its 7.5% senior notes due in 2006.The major is now offering US$1,030 per US$1,000 pr…
Poor markets for metallurgical coal have caused Fording Canadian Coal Trust (fdg.un-t) to suspend development at its Cheviot coal project near Hinton, Alta., until markets improve.Cheviot, which had b…
The first hole drilled by RJK Explorations (RJX.A-V) on its Wedge property, near Shebandowan, Ont., has intersected significant gold mineralization.The hole was testing the Creek zone, where grab samp…
Vancouver — Quinto Technology (QU-V) has signed an agreement with provincially owned Soquem to establish two 50-50 joint ventures in the Lac Gueret area of Quebec.Soquem recently performed an airborn…
Vancouver — the Unidentified Third Party That Agreed to Share the Us$180-Million Price Tag for a 25% Stake in the Bajo De La Alumbrera Gold-Copper Project Has Been Unmasked. Northern Orion Exploratio…
Operations at Cameco’s (cco-t) MacArthur River uranium mine in northern Saskatchewan were suspended on April 6 after water infiltration in a development drift overburdened the mine’s pumping system.Ca…
Vancouver — Spokane-based Minera Andes (MAI-V) has intersected a new zone of high-grade gold and silver mineralization at its San Jose project in southern Argentina.The best drill intercept returned …
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