Diamonds among best bets for ’03
The Northern Miner asked several followers of the junior mining sector for their recommendations and predictions for 2003. Last week we heard from John Kaiser and Donald Poirier. This week, James Must…
News
Morila shapes up as money-spinner for AngloGold, Randgold; Kolwezi; Diamond Fields
Mine proves to be a company-maker for RandgoldThe Morila mine in southern Mali is clearly a mine with a problem.The operation, which poured its first gold in the last quarter of 2000 and its millionth…
America Mineral Fields still keen on Kolwezi cobalt
Although hopes for better days are routinely crushed in the Democratic Republic of Congo, London-based America Mineral Fields (AMZ-T) is optimistic recent peace negotiations will finally allow its Kol…
LME Warehouse Levels (February 10, 2003)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb. 5 (change from Jan. 28 in brackets):MetalStock(tonnes)ChangeAluminium1195400(-22…
The Northern Miner — Small Producers Index (February 10, 2003)
98.59 (+6.79)(Sept. 30/98 = 100)…
The Northern Miner — North American Mining Index (February 10, 2003)
76.77 (-0.91)(Sept. 30/98 = 100)…
Inco goes for gold
FIFTEEN YEARS AGO/FEBRUARY 1988As northwestern Quebec was blanketed in more snow, Inco Gold could well have re-named its first mine “Frozen Pond” instead of Golden Pond.With a stockpile of 40,000 tons…
U of T, SEG offer diamond course
The University of Toronto chapter of the Society of Economic Geologists will present a short course on diamond exploration on March 7 and 8.The event coincides with the annual convention of the Prospe…
Phelps Dodge
Rio Tinto (RTP-N) and Anatolia Minerals (YMC.U-V) will resume drilling on the Copler (Cukurdere) prospect in Turkey.The partners’ objective is to confirm and expand the shallow, oxide component of the…
Ontario spends $10m on mine rehab
The Ontario government will spend $10 million this year on a program designed to rehabilitate abandoned mines.The work is being carried out under the $27-million Abandoned Mines Rehabilitation Program…
Melville yields diamonds for Northern Empire, Stornoway
Vancouver — The cloak of secrecy under which Northern Empire Minerals (NEM-V) and Stornoway Ventures (SWV-V) acquired more than 5,200 sq. km in Nunavut has proved efficacious: the partners have disco…
Higher output from Diamond Fields
The recovery of 4,700 carats of gem-quality diamonds from the Marshall Fork deposit has prompted Diamond Fields International (DFI-T) to add a second mining vessel to its Luderitz Blue Bay grant off t…