News
Ensuring competitiveness
As Canadians strive to come to terms with the terrorist attacks of Sept. 11 in New York, N.Y., our preoccupation with near-term issues such as the security of the country and safety of its citizens is…
Competitiveness
Pittsburgh, Pa.-based Allegheny Technologies has sold the North American operations of distribution company Titanium Industries to a new company led by the latter’s management.Allegheny will retain ti…
Reversal of 3809 rules makes sense
The repeal of several provisions in the U.S. Department of the Interior’s Surface Management Regulations — usually called the “3809 Regulations,” for their place in the Federal Register — represents…
Geologists discuss new technology
The next meeting of the Toronto Geological Discussion Group will examine the merits of 3-D Quest, a technology designed to reduce risks associated with exploration drilling.Robert Gordon, manager of g…
Base metals trend upward following copper production cuts
Base metals were in a strong position at the end of the report period Nov. 5-9. In a delayed reaction to cuts to copper production, prices across the whole base metals complex broke through stops in t…
Newmont bid stirs market
Newmont Mining shocked the gold mining world on Nov. 14 by launching a simultaneous, all-share takeover bid for Canada’s Franco-Nevada Mining and Australia’s Normandy Mining. The deal would create the…
BHP Billiton to close Rietspruit coal operation
Partners Ingwe Coal and Tavistock Collieries will close the Rietspruit coal mine in South Africa.Ingwe is a subsidiary of BHP Billiton. Michael Oppenheimer, president of BHP Billiton’s energy and coal…
Geomaque gains more time
Geomaque Explorations (GEO-T) now has until mid-December 2001 to restructure a credit facility with Resource Capital Fund. All scheduled payments continue to be deferred.Meanwhile, mining activities a…
NovaGold expands Acma target
Vancouver — Recent drill results suggest that NovaGold Resources (NRI-T) is succeeding in defining a small but high-grade deposit within the larger resource at its Donlin Creek deposit in Alaska.Situ…
Solitario goes solo
Now going it alone, Solitario Resources (SLR-T) plans to begin 2,000 metres of drilling at the Pedra Branca palladium-platinum project in northeastern Brazil.This past summer, Rockwell Ventures (RCW-V…
Altius options Rambler property
Altius Minerals (ALS-V) has reached an agreement with privately held Ming Minerals to acquire the northern portion of the past-producing Rambler copper-gold mine in Newfoundland’s Baie Verte Peninsula…