DFI eyes $8.1m as production resumes
Having recently resumed mining on the Marshall Fork marine diamond deposit in Luderitz Bay, Namibia, Diamond Fields International (DFI-T) is arranging a non-brokered private placement worth $8.1 milli…
2003
LME Warehouse Levels (November 03, 2003)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Oct. 27 (change from Oct. 20 in brackets):MetalStock(tonnes)ChangeAluminium1371775(+3…
Northern Miner Indices (November 03, 2003)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T17.1%CamecoCCO-T3.3%FalconbridgeFL-T5.0%Freeport McM BFCX-N8.2%GoldcorpG-T4.3%IncoN-T8.7%Kinross GoldK-T4.3%Newmont MiningNEM…
Committee Bay seals deal with Gold Fields
Vancouver — With the results from a 1,477-metre drill program in hand, Gold Fields (GFI-N) has elected to proceed with a joint venture agreement at Committee Bay Resources’ (CBR-V) flagship gold prop…
J-Pacific renews exploration
Subject to regulatory approval, J-Pacific Gold (JPN-V) will privately raise $300,000 to renew exploration in British Columbia.The placement consists of 750,000 units, of which 550,000 will qualify for…
Bush flying in Manitoba
I first became acquainted with bush flying in the summer of 1952 when, as a third-year geology student, I was hired by Inco as a “geological assistant” for work in northern Manitoba.Actually, geology …
Codelco, Enami strike Ventanas deal (November 03, 2003)
After more than two years of cantankerous negotiations, Corporacion Nacional del Cobre de Chile (CODELCO), has inked a deal to acquire the Ventanas copper smelter and refinery from the Chilean copper …
Nevada Pacific drills Limousine Butte
Junior Nevada Pacific Gold (NPG-V) has renewed drilling at its Limousine Butte project in east-central Nevada.The 1,600-metre program will consist of eight holes in the Resurrection Ridge area, where …
Anglo, Philex hit second porphyry
Vancouver — Perseverance and a good-sized exploration budget have enabled partners Anglo American (AAUK-Q) and Philex Gold (PGI-V) to find a second mineralized copper-gold porphyry body near the high…
New kimberlite discoveries in Quebec
Ashton Mining of Canada (ACA-T) and Soquem have discovered two new small kimberlites while wrapping up a fall drilling program on their Foxtrot property in the Otish Mountains region of northern Quebe…
Met tests augur well for Cerro de Maimon
Results from metallurgical tests point to higher recovery rates at the advanced Cerro de Maimon copper-gold project in the Dominican Republic.In July, a resource update prepared for Globestar Mining (…
Suppliers Roundup (November 03, 2003)
China eyes HIsmelt technologyAustralia-based HIsmelt, a wholly owned subsidiary of Rio Tinto, has signed a licensing agreement with the Laiwu Steel Group of China to develop an iron-making plant using…