Ashton and Soquem size up Renard
Having demonstrated the commercial potential of the Renard group of kimberlitic bodies in north-central Quebec by recovering large diamonds at encouraging grades, Ashton Mining of Canada (ACA-T) and p…
De Beers Consolidated Mines Limited
Gahcho Kue reveals dykes
Drilling by the Canadian exploration division of De Beers has encountered kimberlite intersections on the Kelvin and Faraday bodies, north of the Kennady Lake cluster, at the Gahcho Kue joint venture …
Tanzania: a miner’s elephant country
Better known for red-cloaked Masai tribesmen and big game safaris, the United Republic of Tanzania is actually a phenomenally mineral-rich land.Formerly known as British East Africa, and German East A…
Melville yields diamonds for Northern Empire, Stornoway
Vancouver — The cloak of secrecy under which Northern Empire Minerals (NEM-V) and Stornoway Ventures (SWV-V) acquired more than 5,200 sq. km in Nunavut has proved efficacious: the partners have disco…
Kensington board all in favour of keeping Stone
The board of Kensington Resources voted unanimously to keep David Stone as its president after the company failed to report insider trading in Kensington stock made by Stone between 1997 and 2000.Ston…
2002 marked by further consolidation
It did not feel as momentous as 2000 or 2001, when we saw the creation of several global mining giants, but 2002 was full of smaller-sized mergers, particularly in the precious metals sector.Among the…
Pele hopes Genesis is start of something big
Pele Mountain Resources’ (YPN-V) discovery of a significant diamond population in the Genesis showing at its Festival property near Wawa, Ont., has dramatically increased the potential for an economic…
De Beers finds base metals in northern Ontario
When it comes to new discoveries, expect the unexpected.While exploring for diamonds in the western James Bay Lowlands of northern Ontario, De Beers stumbled across some sulphide mineralization on gro…
Black Swan eyes bedrock source of Brazilian diamonds
The recent acquisition of De Beers’ Brazilian assets has netted Black Swan Resources (BSW-T) not only the small Canastra-1 diamond-bearing kimberlite pipe but an extensive portfolio of mineral licence…
Smooth sailing as Ekati celebrates fourth year
The Ekati mine in the Northwest Territories is celebrating its fourth anniversary on a note of considerable achievement: production of more than US$1.6 billion worth of diamonds to date.Ekati was brou…
Noranda inks Hemlo deal
Noranda’s exploration company has signed an agreement with Goliath Gold Mines and Golden Sceptre Resources that will likely result in a producing Hemlo area mine within two years.The deal, which gives…
Summer work in NWT yields new crop of kimberlites
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…