Goldcorp deepens High Grade zone again
Two recent holes drilled at the Red Lake mine in northwestern Ontario have extended the producing High Grade zone another 122 metres at depth, reports Goldcorp (G-T).Hole 34, drilled from the 37 level…
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Editorial Cartoon (December 30, 2002)
Minefinders cuts high grades at Dolores
Vancouver — Minefinders (MFL-T) has cut high-grade gold and silver at its wholly owned Dolores property in northern Chihuahua state, Mexico.A 30,000-metre drilling program is enabling the company to …
Pundits predict good year for gold
Vancouver — The consensus among analysts during the latter half of 2002 was that lacklustre global economic growth would cap prices for base metals in 2003 but that geopolitical uncertainty and a wea…
Spike in gold price among highlights of 2002 Retrospection
The previous occupant of the editor’s chair here took to naming years for their characteristics. It was a useful way to encapsulate the mood of the year past, a metaphor for what fate dealt out each t…
An end to the plume theory?
Standard fare in geology textbooks and school classrooms across the world is that the hot springs, geysers and volcanoes of Yellowstone National Park, Hawaii, Iceland, and many other volcanic regions …
Commentary: Bullion market on the couch: a psychological assessment
Description: The patient, named Mr. Goldfinger for the purpose of this presentation, is a 5,000-plus-year-old commodity residing within the precious metals sector and in use all over the world. At Dec…
Breakwater gets debt extension (December 30, 2002)
Zinc miner Breakwater Resources (BWR-T) has struck a deal with its banking syndicate and Dundee Bancorp to extend repayment of more than US$44 million on its existing credit facilities.In late Novembe…
Commercial-size stones envisaged for Renard 3 kimberlite
Despite its small tonnage implications, the Renard cluster of eight kimberlitic bodies in the Otish Mountains of north-central Quebec shows potential for large commercial-size diamonds at grades compa…
Kelvin yields significant diamond count
Originally discovered in the spring of 2000, about 9 km northeast of the Kennady Lake cluster in the Northwest Territories, the Kelvin kimberlite body was ignored until this year when De Beers Canada …
Issues for monetary policy
Although the gold standard could hardly be portrayed as having produced a period of price tranquility, it was the case that the price level in 1929 was not much different, on net, from what it had bee…
Odyssey drills Altintepe gold prospect
Vancouver — Looking to outline a bulk-mineable oxide gold system, Odyssey Resources (ODX-V) has begun diamond drilling on the Altintepe gold property, on Turkey’s Black Sea coast.Field work has ident…