News

Fortune advances Mazenod Lake property

The summer drill program at the Mazenod Lake property of Fortune Minerals (FT-T), about 170 km northwest of Yellowknife, N.W.T., has confirmed earlier grade estimates and indicated some extensions to …


Titanium-sand beds extended

NAR Resources (NRL-M) has found an additional zone of titanium mineralization at the Truro heavy-mineral sands project in Nova Scotia.Known as the Southern Extension, the zone is a 2-km-long sand bar …


Namibian slips into the red

Exceptional costs and fewer sales translated into a small quarterly loss for marine diamond miner Namibian Minerals (NMR-T).Losses in the three months ended Sept. 30 totalled US$665,000 (or 1 per sha…


Market awaits election outcome

Denver — The Dow Jones industrial average fell 271.12 points, or 2.5%, to 10,681.06 for the period ended Nov. 14, owing to uncertainty and confusion surrounding the U.S. presidential election.However…




Zambian Copper belt rebounds

Once a copious producer of copper, Zambia has fallen on hard times of late. In 1999, the country’s output totalled just 260,000 tonnes — a far cry from the historic annual peaks of 700,000 tonnes bet…


RJK, Lenora set to drill Stares

Geophysical surveys, surface prospecting and trenching have outlined a target area for drilling at the Stares zinc-copper property, west of Thunder Bay, Ont.Partners RJK Explorations (RJX.A-V) and Gre…


Ntotoroso resource grows

Drilling by partners Moydow Mines International (MOY-T) and Normandy Mining (NDY-T) at their Ntotoroso gold property in western Ghana has expanded the resource beyond 2 million oz.Resources now stand …


The 12% Superfund

In his book Earth in the Balance, Al Gore takes credit for his role in establishing the Superfund program, administered by the U.S. Environmental Protection Agency (EPA). During the election campaign,…



Gold vanishes into thin air

Denver — A shipment of unrefined gold from the West African nation of Benin was recently reported missing at Chicago’s O’Hare International Airport, according to an Associated Press report.The gold, …


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