‘Mineropoly’ wins Junior Miner contest
Ten-year-old Trevor Smith of Toronto has won this year’s Junior Miner of Ontario award for creating a board game that stresses the use of mined materials in everyday items.Smith took home the $150 top…
News
Feds to spend $10m to boost Arctic mining
The federal government will spend an additional $10 million over two years on geological maps and surveys in Canada’s north in an effort to stimulate exploration and development.The funding is part of…
South Africa takes action on mine safety
The government of South Africa has stopped black-owned company New Diamond Corp. (NDC) from mining and prospecting at Schmidtsdrift, an alluvial diamond mine in the Northern Cape.The Department of Min…
Copper exploration heats up in BC
Vancouver — Reminiscent of the 1970s, copper exploration has once again taken centre-stage in the hunt for metals in British Columbia.Sparking the revival are higher prices and a new discovery made b…
Sulliden outlines geochem targets at Shahuindo (November 24, 2003)
Reconnaissance soil geochemistry by Sulliden Exploration (SUE-T) at the Shahuindo property in Cajamarca department, northern Peru, has outlined targets with elevated gold concentrations.The 90-line-km…
Blue Ice proves puzzling
After a summer’s drilling on the High Arctic Blue Ice project at Victoria Island, there appear to be more questions than answers for Diamonds North Resources (DDN-V).Both the Carina and newly discover…
Lending Rates (November 24, 2003)
as of 4 pm ET, Nov. 18, 2003(%)Bank of Canada3.00Target overnight rate2.75Canadian Prime4.50U.S. Discount Primary2.00U.S. Fed Funds market rate1.00U.S. Prime4.00LIBOR US$ 3-month1.17LIBOR US$ …
Fifteen Years Ago / November 1988
Inco sinks cash into ManitobaStill under fire for a recapitalization plan designed to fend off a hostile takeover, Inco is setting aside $100 million to sustain production in its Manitoba division. Ov…
Silver zone found at La Pitarrilla (November 24, 2003)
Preliminary drilling by Silver Standard Resources (SSO-V) has intersected a new silver zone at the Pitarrilla project, 170 km northwest of Durango, Mexico.The 16-hole program, 2,500-metre program was …
Gold outshines the TSX
The Toronto Stock Exchange’s gold index mirrored the yellow metal’s performance during the Nov. 12-18 report period, ending with a surge to sit 9.01 points higher at a new year-high mark of 226.70.Gol…
Claude buoyed by higher gold sales
Increased gold and sales and a higher gold price helped Claude Resources (CRJ-T) achieve net earnings of $1 million during the three months ended Sept. 30.The profits translate into 2 per share, and …
E3 to be free of charge
Beginning in March 2004, the E3 Environmental Excellence in Exploration program will be available on the Internet free of charge.The program was launched by the Prospectors & Developers Association of…