News

Noranda curtails output of zinc at Brunswick mine

Noranda Mining & Exploration, an affiliate of Noranda, has announced that production at its Brunswick Mining division in New Brunswick will be reduced for the remainder of the year.Seismic activity at…


Kinross and Pentland gain Falconbridge ground

A deal valued at $1.9 million will enable Kinross Gold (K-T) and its affiliate, Pentland Firth Ventures (PFO-T), to take over several gold properties in Ontario and Quebec from Falconbridge (FL-T).The…


Abacus expands Lookout zone at Niblack

Drilling on the Lookout zone at the Niblack project in southeastern Alaska has intersected up to three massive sulphide horizons over a strike length of 900 ft.Abacus Minerals (AMC-V) reports that fou…


Guyana Gold sells stake in Sabi

The battle for the Sabi gold mine appears to be over, with the government of Zimbabwe buying the 55% interest held by Guyana Gold (GUY-T) for $11 million.Under the agreement, the state-owned Zimbabwe …


Rio, UBC establish Colin Spence memorial fund

Rio Algom Exploration has set up a scholarship fund in honor of geologist Colin Spence, who was killed recently in the Philippines.Mr. Spence was part of a team of geologists inspecting a gold mine 20…


Conference scheduled on mining in Chihuahua state

A mining conference hosted by the government of the Mexican state of Chihuahua will be held in the city of the same name.Entitled “Chihuahua in the 21st Century,” the conference will be held Oct.2-5 a…


Teck, Mansfield prove up copper play in Argentina

Trenching has enabled partners Teck (TEK-T) and Mansfield Minerals (MDR-V) to prove up their Cerro Samenta copper porphyry property in Argentina.Initial geophysical work on the claim package identifie…




DIAMOND PAGE — DO-18 disappoints

From the results of a mini-bulk drill sample, the DO-18 pipe on the WO claim block in the Lac de Gras area of the Northwest Territories appears to be uneconomic.A 6.9-tonne sample yielded an undisclos…


DIAMOND PAGE — Rex Diamonds to list on TSE

Toronto-based Rex Diamonds (REXD-C) is about to list its shares on the Toronto Stock Exchange, having increased revenue and reduced its losses in the second quarter.The diamond producer says the TSE h…



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