Encouraging diamond count on Victoria Island
Convinced De Beers walked away from Victoria Island too early, Diamonds North Resources (DDN-V) remains heartened by the microdiamond results that have started to trickle in from a slew of kimberlite …
News
News – 21-OCT-02
Mary Rabbitt
Mary Rabbit, a noted geophysicist and historian with the U.S. Geological Survey (USGS) in Reston, Va., has died. She was 87.Mrs. Rabbit (ne Collins) was born in 1915 in Boston, Mass., and grew up in …
PEOPLE (October 21, 2002)
Kimber — Thomas Corcoran appointed manager, corporate communications.Romarco — Diane Garrett appointed president and CEO; Robert van Doorn and R.J. MacDonald appointed directors.Gammon Lake…
USGS, AGI to put atlas on DVD
The U.S. Geological Survey (USGS) and the American Geological Institute will develop a comprehensive DVD-based atlas of the world for use in American schools.The global USGS Geographic Information Sys…
NAP reduces output as crusher breaks down
A shutdown of the primary crusher has forced North American Palladium (PDL-T) to curtail production at its Lac des les mine in northwestern Ontario.During the three months ended Sept. 30, the mill pr…
Falling prices close Quebec asbestos mine
The falling price of asbestos worldwide has forced the closure of the Jeffrey operation, north of Sherbrooke, Que., forcing the owner, Jeffrey Mine, to file for bankruptcy protection.The decline in th…
NRCan to oversee rough diamond trade
Under proposed legislation before the House of Commons, Natural Resources Canada would become the Canadian authority for the import and export of rough diamonds, as part of the federal government’s pa…
Copper market poised to benefit from stronger demand
This article, the second of two instalments devoted to base metals, was culled from Barclays Capital’s monthly report The Commodity Refiner. Part 1 appeared in our Oct 14-20 issue.Macroeconomic-driven…
Minefinders puts Dolores project on fast track
Considered a potential takeover candidate, Minefinders (MFL-T) raised $10 million earlier this year with the objective of advancing its wholly owned Dolores gold-silver project in Mexico’s Chihuahua s…
Explorers ride silver wave in Mexico
Vancouver — Latin American massive sulphide deposits have emerged from the shadows over the past decade, and explorers, despite facing historically low base metal prices, continue to advance discover…
Manhattan eyes financing (October 21, 2002)
Subject to regulatory approval, Manhattan Minerals (MAN-T) will privately raise $2.5 million for its Tambo Grande polymetallic project in Peru.An independent feasibility of the property is under way; …