Ivanhoe cranks up South Korean mine
Ivanhoe Mines (IVN-T) has begun milling stockpiled ore at its Eunsan mine in South Korea.The stockpiled materia…
2002
Rockwell moves forward in Quebec
Vancouver — A 1,771-metre drill program over the Haut Plateau nickel-copper property in east-central Quebec has re…
Grayd goes to Gander
Vancouver — Junior Grayd Resource (GYD-V) has inked a deal with a private St. John’s-based company to pick up a si…
Arthur Brant
Dr. Arthur A. Brant, a founding father of mining geophysics, died recently at the age of 91 in Tucson, Ariz.’Doc Brant,’ as he was familiarly referred to by his many students and colleagues at Newmont…
Dubai aims to secure half of gold trade
Dubai, once dubbed the “city of gold,” will soon have a metal and commodities centre for trading in the yellow metal, diamonds and other commodities.The Dubai Metals and Commodities Centre (DMCC) will…
Exploration spending continues slide
A survey of mineral exploration, deposit appraisal and mine development spending predicts that exploration and appraisal spending for 2001 will dip to a historical low of $458 million, a far cry from …
Barrick, Altius team up
Partners Barrick Gold (ABX-T) and Altius Minerals (ALS-V) have agreed to expand their search for Carlin-type deposits in Newfoundland’s Botwood Basin.Their efforts will focus on the 47-sq.-km Burnt La…
Eldorado restates earnings (April 29, 2002)
Vancouver — The discovery that a 1994 US$10-million convertible debenture should have been treated as a debt instrument has forced Eldorado Gold (ELD-T) to restate its financial statements for 2000 a…
NovaGold drills Donlin Creek
As part of a prefeasibility study, NovaGold Resources (NRI-T) has begun drilling at its Donlin Creek project in southwestern Alaska.The work is being financed with proceeds from an $18.5-million equit…
Athabasca exceeds Saudi reserves
As conventional supplies of oil and gas in Canada are depleted, the oil sands of northern Alberta offer the world an increasingly important energy source with low political risk.Oil sands in Alberta a…
Eldorado expands zone at Kisladag
Vancouver — The first 20 holes of a recently completed 29 hole drill program on Eldorado Gold’s (ELD-T) Kisladag project in west-central Turkey has expanded the area of known mineralization.Designed …
Exploration continues at Kidd Creek
Texasgulf will undertake a major exploration program this year in the vicinity of its Kidd Creek mine in northern Ontario. This follows in the wake of its recent discovery of zinc-lead-silver minerali…