News

Normandy, TVX clean up balance sheets

Writedowns on non-performing assets have left Normandy Mining (NDY-T) with a significant quarterly loss, with affiliate TVX Gold (TVX-T) incurring a smaller loss as it brings its balance sheet back to…



For services rendered

I was introduced to Frederick William Wink at his home, overlooking the Beach Grove Golf Course in Tsawwassen, B.C. Like most of us in the resource industry, I had heard of the famous Winkie portable …



BCGS reports new gold model

A new gold deposit model for the North American Cordillera is identified in a paper by Christopher Ash of the British Columbia Geological Survey. Gold deposits of Atlin, Cache Creek, Bralorne-Pioneer,…


Quantum nabs Kansanshi

With three resuscitated producers under its belt, First Quantum Minerals (FM-T) has turned its sights on the historic Kansanshi copper-gold deposit in Zambia.The mid-tier producer, which operates the …


Bentonite industry sees changes

A report published by London-based Roskill Consulting Group highlights major changes in the bentonite industry.Among the developments highlighted in The Economics of Bentonite (ninth edition) are the …


Russian oil giant seeks to dissolve Archangel deal

Denver — A newly filed lawsuit is threatening Archangel Diamond’s (AAD-V) ongoing efforts to resolve a title dispute over the Verkhotina diamond licence in northern Russia. LUKoil, Russia’s largest o…


OMET gets advisory committee

The Ontario Mineral Exploration (OMET) program now has a technical advisory committee.The committee will evaluate proposals and make funding recommendations submitted to OMET, a 4-year, $8-million ini…



Base metals stand firm

Base metals markets enjoyed a second good week during the Aug. 20-24 period, with most managing to at least hang on to the gains made late the previous week.Nickel was the strongest performer, as the …


Field trips highlight SEG conference

The Society of Economic Geologists (SEG) is planning six field trips in conjunction with its Global Exploration conference, slated for April 14-16, 2002, in Littleton, Colo.The trips will encompass:- …


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