Ivanhoe honoured for Oyu Tolgoi
Ivanhoe Mines (IVN-T) Chairman Robert Friedland has been known to wax eloquently about his company’s mining projects scattered throughout the globe but before he took the stage at the annual awards ce…
News
Canada overtakes South Africa in diamond value
With two diamond mines already established and three projects at the permitting stages, Canada will surpass South Africa this year in terms of diamond production value and move into third place, behin…
Editorial Cartoon (March 22, 2004)
The trouble with gold
The following is an excerpt from The Trouble with Gold . . . a promising treasure from Cripple Creek, a novel by Jim Davis, a Colorado geologist and prospector. The story concerns a man searching for …
The Northern Miner Indices (March 22, 2004)
North American Mining: 107.01 (-1.06)Small Producers: 125.08 (-3.68)(Sept. 30/98 = 100)…
Platinum surges while palladium finds support
Platinum has already surged this year, reaching levels not seen since 1980. Indeed, platinum has been the only real challenger to nickel for the title of “star metal,” which is fitting given it’s the …
StrataGold to drill Hyland
A $700,000 drilling program is planned for the “Carlin-type” gold project known as Hyland, 70 km northeast of Watson Lake, Y.T.Owner StrataGold (SGV-V) will perform the drillling, which is to be funde…
Meridian profits from El Peon
Reno-based Meridian Gold (MNG-T) made a net profit of US$36.8 million in 2003, reflecting the stellar operating performance of the El Peon mine, 160 km southeast of Antofagasta in Chile.The high-grad…
Mexgold closes deal for El Cubo
Using the proceeds from a $45-million private placement, Mexgold Resources (MGR-V) has acquired the El Cubo gold-silver mine in Mexico’s Guanajuato state.The Nova Scotia-based company paid US$13.5 mil…
Gulf International axes non-compete payments
Gulf International Minerals (GIM-T) has decided not to make any post-termination payments to recently ousted president and CEO Alastair Ralston-Saul.Earlier this year, the company agreed to pay Ralsto…
Falconbridge OKs Nickel Rim South
Falconbridge (FL-T) has approved a US$368-million program of definition drilling underground at its Nickel Rim South deposit in Sudbury, Ont.The program is expected to last five years and will begin i…
Silk Road goes for Gansu gold
Toronto-based Silk Road Resources (SIL-V) is gearing up to explore a large package of gold properties in China’s Gansu province.Chris Sennitt, newly appointed vice-president of exploration, has mobili…