News

New faces grace Wheaton River’s board

Denver — A restructured board of directors and a $5.5-million private placement are designed to boost the financial prospects of Wheaton River Minerals (WRM-T).The private placement is with Endeavor …


Geoscientists provided with ethics code

Regulations under the Professional Geoscientists Act of Ontario, setting out licensing criteria and a code of ethics, are now in effect.The act, passed in June 2000, established the new Association of…


Orezone ties on to Sadiola

Ottawa-based Orezone Resources (ORZ-T) has picked up an option on the Kantela property, which adjoins the producing Sadiola Hill gold mine in western Mali.The deal, with a private syndicate, gives the…


Ontario unveils map database

A database financed by the Ontario government promises to improve access to information about mining lands tenure.CLAIMaps II provides information and maps via the Internet, and, as its name implies, …


Kendu kimberlite a dud

A kimberlite discovered by New Blue Ribbon Resources (NBL-V) in northern Alberta has proved barren.None of the 38 drill core samples, which weighed 170 kg in total, yielded any diamonds.Kendu was disc…


Aurogin Res. options Bathurst base metal property

Toronto-based Aurogin Resources (AUQ-V) has optioned a half-interest in a prospective base metal property in New Brunswick from privately held Heron Mines. The property is in the Belledune area, north…



Diamond Fields, Trans Hex join forces in Namibia

Circumventing the need for financing, Diamond Fields International (DFI-T) has teamed up with South African miner Trans Hex Group to exploit the junior’s marine diamond property, off the coast of Nami…



Billiton, BHP to form mining behemoth

London-based Billiton and Australia’s BHP (bhp-n) are merging to form one of the world’s largest diversified resource companies, to be known as BHP-Billiton.The merger is to take place under a “dual-l…


The healing properties of gold

In medieval Europe alchemists mixed powdered gold into drinks to “comfort sore limbs,” nowadays known as arthritis. Word of gold’s power to relieve the pain of arthritis spread throughout the ensuing …


Corriente outlines copper at San Luis

Corriente Resources (CTQ-T) has outlined a high-grade copper target at the San Luis prospect, at the northern end of the Corriente copper belt in southeastern Ecuador.The property hosts well-developed…


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