News



Metals Commentary: Restarts augur well for copper

(The following excerpt from The Commodity Refiner, a monthly publication of Barclays Capital Research, provides an overview of current copper and lead markets.)The outlook for global copper supplies i…



The diamond war

With an American expeditionary force waiting offshore, and a body of Nigerian troops ready to move into Monrovia, the Liberian civil war may at last be reaching its end-game.In recent weeks there has …


Band-Ore tests Thorne anomalies

Drilling by Band-Ore Resources (BAN-T) has returned more anomalous values from the Thorne gold project near Timmins, Ont.The Burlington-based junior recently sank 12 holes to follow up on an earlier c…


Amerigo closes Chilean copper deal

Vancouver-based junior Amerigo Resources (ARG-V) has acquired Chilean copper producer Minera Valle Central (MVC) for US$20 million.Amerigo paid US$16.6 million on closing; the balance is due in 3-5 ye…


Lassonde to head Quebec conference

Pierre Lassonde, president of Newmont Mining and arguably the most successful Quebec native in the gold industry, will be the honourary president of the inaugural Quebec Exploration 2003 conference, t…


Suppliers Roundup (July 28, 2003)

Aussie miner buys concentratorGiants Reef Mining, based in Western Australia, has purchased a Knelson concentrator built by Australian engineering firm ConSep, under licence by Langley, B.C.-based Kne…


Noranda faces pension suit

A class action suit against Toronto-based Noranda will proceed after a Quebec Superior Court authorized legal action in a disagreement over interpretations of the company’s pension plan.Montreal law f…


Workshops to address cyanide

Two workshops designed to educate people about the International Cyanide Management Code have been rescheduled for Aug. 20-21 in Johannesburg, South Africa.The first workshop will explain how mining c…


Gabriel’s Romanian woes

Having already scrapped a $28-million bought-deal financing, Gabriel Resources (GBU-T) has nixed its backup plan to sell the 10 million shares at $2.80 apiece on a best-efforts basis.Proceeds from the…


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