News

Wheaton’s silver spinoff adds twist

In its struggle to fend off Coeur d’Alene Mines (CDE-N), Wheaton River Minerals (WRM-T) has agreed to sell all the silver produced from its Luismin operations in Mexico to Chap Mercantile (C…



Polishing the myth

With the settlement of charges under anti-trust laws in the United States, the De Beers group believes it has put its disputes with the U.S. government behind it. And it is plain that the U.S. Department of Justice expects to see a very different…


Combatting conflict diamonds

This is a crucial juncture for our industry. We are enjoying a period of success with growing consumer demand for diamond jewelry driven by new, dynamic marketing initiatives. We can look back at the last few challenging years with justifiable pri…



Mundoro’s Maoling serves up gold

Vancouver — Little more than half a year since going public, Mundoro Mining (MUN-T) is reporting significant results from drilling at its 79%-controlled Maoling gold project in northeastern China.



Western markets beset by summer doldrums

Weakening junior market volume, coupled with a slight pull back in gold toward the session’s end, led to further softening of the TSX Venture Exchange Index. The index fell more than 32 points to close at 1527.14 during the trading period July 14-…



First Quantum active in Mauritania

Vancouver — The government of Mauritania has given its blessing for First Quantum Minerals‘ (FM-T) 80% acquisition of the Guelb Moghrein copper-gold deposit.


Temex sizes up Juby Main zone (July 26, 2004)

GeoVector Management has completed an initial resource estimate for the Main zone on the Juby gold project, on the western extension of the Larder Lake Cadillac Fault, near Gowganda, Ont. The property is owned by Temex Resources


IOCC workers on strike

More than 1,400 workers at Iron Ore Co. of Canada (IOCC) went on strike in late July, shutting down mine production at the plant in Labrador, which supplies roughly 4% of the world’s iron pellets.


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