More than a decade after diamonds were first found in Canada’s Far North, new discoveries of kimberlite continue to be reported in the Northwest Territories and Nunavut.An autumn drilling program on t…
Vancouver — Despite evidence of a weakening global economy dragging down demand for copper, diversified miner BHP Billiton (BHP-N) does not envisage further production cuts beyond 2002.”Today, we thi…
Dow 36,000 receded further into the distance over the report period Oct. 1-8, with the bellwether U.S. stock index plunging 437.30 points to finish at 7,501.49. But the gold stocks, which have been fe…
It was a relationship that couldn’t last: BHP Billiton has notified its global rival, Anglo American, that it would not renew its agreement allowing Anglo subsidiary De Beers the right to marke…
Perth, Australia — The last couple of years have been stellar ones for LionOre Mining International (LIM-T). Through timely acquisitions and a string of grassroots discoveries in Western Australia, t…
Looking to consolidate its nickel mining interests down under, Toronto-based LionOre Mining International (LIM-T) has launched an A85-per-share bid for the 20% stake it doesn’t already own in its Aus…
BHP Billiton — David Munro appointed vp.Dofasco — Walter Bilenki appointed vp, finance; Joe Neri appointed president, powerlasers and Howard Woods appointed general manager, Dofasco USA.Mineral I…
Geologist Hugo T. Dummett, whose knowledge of diamond exploration made BHP Billiton (BHP-N) a major force in world diamond mining, has died. He was 62.Dummett was killed in a single-car accident on a …
Encouraged by the size of the diamonds recovered from the Renard cluster of kimberlitic intrusions in the Otish Mountains region of north-central Quebec, the Ashton Mining of Canada (ACA-T) and Soquem…
A strong rally in the U.S. markets over the report period Aug. 13-20 brought the Dow Jones Industrial Average up 4.6% and the broader Standard & Poor’s 500 up 6%.The Dow finished the period at 8,872.0…
Although its roots are in South Africa, De Beers believes the emphasis given to Canadian diamond exploration is fully justified. Last year, Canada accounted for 40% of the US$73 million the company sp…
Kalgoorlie, Australia — Consolidation in the gold mining sector and an optimistic outlook for the price of bullion over the next 18 months had delegates in high-spirits at the 10th annual Diggers & D…
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