News


Higher output from Diamond Fields

The recovery of 4,700 carats of gem-quality diamonds from the Marshall Fork deposit has prompted Diamond Fields International (DFI-T) to add a second mining vessel to its Luderitz Blue Bay grant off t…



Ontario spends $10m on mine rehab

The Ontario government will spend $10 million this year on a program designed to rehabilitate abandoned mines.The work is being carried out under the $27-million Abandoned Mines Rehabilitation Program…


Gold demand slows in India, Pakistan

Consumer demand for gold in India was 8% lower in the third quarter of 2002 than a year earlier. However, the decrease was less severe than the 44% drop between the first half of 2002 and the first ha…


Phelps Dodge

Rio Tinto (RTP-N) and Anatolia Minerals (YMC.U-V) will resume drilling on the Copler (Cukurdere) prospect in Turkey.The partners’ objective is to confirm and expand the shallow, oxide component of the…


America Mineral Fields still keen on Kolwezi cobalt

Although hopes for better days are routinely crushed in the Democratic Republic of Congo, London-based America Mineral Fields (AMZ-T) is optimistic recent peace negotiations will finally allow its Kol…



U of T, SEG offer diamond course

The University of Toronto chapter of the Society of Economic Geologists will present a short course on diamond exploration on March 7 and 8.The event coincides with the annual convention of the Prospe…


Monroe soars on London diamond find

The recovery of seven gem-quality diamonds from the London alluvial diamond project in South Africa sent shares in Monroe Minerals (MMX-V) soaring 20, to 45, in early trading in Vancouver on Feb. 5….


Kinross jumps to senior ranks as gold soars

Although it came as no surprise, Kinross Gold made headlines over the Jan. 28-Feb. 4 report period by concluding its long-awaited 3-way merger with TVX Gold and Echo Bay Mines to become Canada’…


Inco goes for gold

FIFTEEN YEARS AGO/FEBRUARY 1988As northwestern Quebec was blanketed in more snow, Inco Gold could well have re-named its first mine “Frozen Pond” instead of Golden Pond.With a stockpile of 40,000 tons…


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