News


IMA gains ground in southern Argentina

Vancouver — IMA Exploration (IMR-V) has acquired the 127-sq.-km Victoria claim package, which is contiguous with the company’s Bayas property in southern Argentina’s Chubut province.The new property …


Cdn. Royalties targets Ungava’s board

The fight between Canadian Royalties (CZZ-V) and Ungava Minerals (UNGV-CUB) has taken a twist, with the former, via a numbered subsidiary company, launching a 10-per-share cash bid for 51% of the lat…


Marshall Fork yields 17-carat diamond

Partners Diamond Fields International (DFI-T) and South African-based Trans Hex Group have recovered a 17-carat alluvial diamond off the coast of Namibia, near the town of Luderitz.The stone, which ca…


Another Hemlo?

A mere six years have elapsed since news of the fabulous Hemlo discoveries rocked the mining world. Yet details of another gold discovery, which displays geological parameters of Hemlo-size proportion…


Cameco buys Smith Ranch

Cameco (CCO-T), the world’s largest uranium supplier, just got bigger.The Saskatoon, Sask.-based company has agreed to buy the Smith Ranch in situ leach mine and various other ISL properties in Wyomin…


Golds still have legs: Allan

In a series of reports released in June, Research Capital mining analyst Barry Allan takes a look at the gold sector and concludes it still has room to move higher.First, he examines the relationship …


Micon finds alliances expand reach

Mineral industry consulting firm Micon International has found that non-exclusive alliances, such as the one it announced in late May with poject-management and technology firm Wardrop Engineering (T….


Syncrude’s Carter named MAC chairman

The Mining Association of Canada (MAC) has elected James Carter, president of Syncrude Canada, as its new chairman.The previous chairman was Guy Dufresne, chief executive officer of Quebec Cartier Min…


Deal reached at Noranda’s aluminum division

With more than 500 workers walking the picket lines at its Horne copper smelter in Rouyn-Noranda, Que., Noranda (nrd-t) has announced that employees at its aluminum primary products division voted 63%…


Forum addresses Chinese mining

Improving the investment climate and sustainable development in China will be among the topics addressed at China Mining 2002, a conference slated for Oct. 21-23 in Chongqing, in South Sichuan provinc…



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