News


Newmont trumps bid by AngloGold

The takeover battle for Normandy Mining (NDY-T) has entered a new round, with Newmont Mining (NEM-N) countering AngloGold’s (AU-N) latest bid by offering twice as much cash.Newmont is now of…


Aur gets Duck Pond base metal project

In a deal valued at $6 million, Aur Resources (AUR-T) is taking over the Duck Pond base metal project in Newfoundland from partners Thundermin Resources (THR-T) and Queenston Mining (QMI-T).


Altius, Barrick seek Carlin-type deposits

Vancouver — Altius Minerals (ALS-V) and Barrick Gold (ABX-T) are jointly exploring Newfoundland’s Botwood Basin for Carlin-type deposits.Barrick stands to earn a 75% interest in six properties by fun…



LME Warehouse Levels (December 17, 2001)

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Dec. 11/01 (change from Dec. 4 in brackets):MetalStock (tonnes)ChangeAluminium760150(…




Partners eye Coronation

Northern Abitibi Mining (NAI-V) and Tyler Resources (TYS-V) have inked a deal to acquire a joint 65% interest a 460-sq.-km diamond prospect in the Coronation Gulf district of Nunavut.Under the agreeme…


Tahera pulls more stones from Anuri East

More diamonds are reported for the Rockinghorse property in Nunavut, following caustic fusion analysis of 51.4 kg of drill core from the Anuri East kimberlite.In all, Tahera (TAH-T) recovered 50 micro…



BC gov’t misinformed

The government of British Columbia’s proposal to eliminate the vital functions of the British Columbia Geological Survey Branch or to farm these out, greatly reduced, to independent contractors was ad…


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