News

NAME CHANGES (December 25, 2000)

Duran Gold Corp. (DRN-V) has changed its name to Duran Ventures Inc. (DRV-V) on a 1-new-for-2-old-share basis.Nickelodeon Minerals Inc. (NKM-V) has changed its name to Strongbow Res…


Raymor, McGill team up for lithium project

Quebec City-based Raymor Industries (RAR-V) is collaborating with researchers from McGill University on a project designed to achieve commercial production of lithium metal from the mineral spodumene….


Green light for Diavik joint venture

Vancouver — Patience and perseverance have paid off for Rio Tinto (RTP-N) and Aber Diamonds (ABZ-T) at the Diavik joint venture in the Northwest Territories. Following months of licensing delays, the…


Glamis, Metallica learn urban planning

Denver — Mining investors focus on drill results, feasibility studies and rates of return to determine which securities to buy. However, mining companies must do more than play with numbers to ensure…


K252 deemed best pipe yet in Alberta

Based on results from a mini-bulk sample, the K252 kimberlite is the best yet of the 35 pipes so far discovered by Ashton Mining of Canada (ACA-T) in the Buffalo Hills area of north-central Alberta.A …


Richmont forges ahead at Hammerdown project

Richmont Mines (RIC-T) has received heartening results from bulk sampling at the Hammerdown gold property in northwestern Newfoundland.Between July and September, Richmont extracted 19,300 tons gradin…


Caribgold picks up land near Perseverance

CaribGold Resources (CG-T) has acquired a 100% interest in 118 contiguous mineral claims about 6 km west of Noranda’s (NOR-T) Perseverance zinc-copper project in the Matagami camp of northern Quebec.C…


Correction (December 25, 2000)

In an article about the first gold pour at the Morila mine in Mali (T.N.M., Nov. 27-Dec. 3/00), the name of the operation was incorrectly spelled in the headline. Also, the operator, Randgold Resource…


The d(2) aftermath

It has been 20 years since the passage of Jimmy Carter’s Alaska National Interest Lands Conservation Act (ANILCA), which placed more than 104 million acres into various protected designations against …


Ducks in iron suits

When I was a green geological sprout I got fouled up by some dastardly person who had salted a gold property.I will always remember the feeling of great disappointment — followed by rage — when I le…


MES forum tackles trends

Recent trends in the mining industry will be discussed at the 12th symposium of the Mineral Economic Society of the Canadian Institute of Mining Metallurgy and Petroleum.The Jan. 22 event, to be held …


DRC letter unofficial: president

This letter is in regard to the letter to the editor titled “DRC insists Afton economic” (T.N.M., Dec. 4/00). The letter was submitted by Steven Lightburn [advisor to DRC] as his personal opinion of t…


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