AngloGold considers legality
AngloGold (AU-N) has fired the latest shot in the war of words over Newmont Mining’s (NEM-N) proposed three-way dea…
News
Imperial files for court protection (November 26, 2001)
Vancouver — Low gold and copper prices have claimed another victim as Imperial Metals (IPM-T) been granted protect…
Ivanhoe expands Discovery
Ivanhoe Mines (IVN-T) has released assay results from five holes on three contiguous mineralized zones at the Turqu…
Rio Narcea sees red
Lower grades from a transition zone at the Boinas East pit took a bite out of Rio Narcea Gold Mines’ (RNG-T) gold p…
Jury is out on ‘Reaganomics’
Since Ronald Reagan’s election to the august office of the presidency of the United States, the most visible contribution to the economy so far is the word “Reaganomics.”No economic dictionary carries…
Northgate expands Kemess North project
Vancouver — Drilling has enabled Northgate Exploration (NGX-T) to expand inferred resources at its Kemess North project, 7 km north of the Kemess South gold-copper mine in western British Columbia.Ke…
Copper-gold find sparks interest in Aussie markets
Australian-listed Minotaur Resources and partner BHP Billiton (BHP-N) have discovered what could be a significant Olympic Dam-style copper-gold deposit in the Mt. Woods area of South Australia.Minotau…
Hedgers battle non-hedgers
Normandy Mining’s board of directors has recommended shareholders accept the takeover bid made by Newmont Mining.Newmont arrived in mid-November as a white knight to outbid AngloGold, which had offere…
Munk, James to enter Canadian Mining Hall of Fame
Peter Munk and William James, two of the most recognized names in mining, will be inducted into the Canadian Mining Hall of Fame.Both men will become members in recognition of their contributions to h…
News – 26-NOV-01
Northern Orion drops South African gold deal
Northern Orion Explorations (NNO-T) has dropped a deal to acquire Ditchburn Management, which holds a 12-month option to acquire up to a 90% interest in President Steyn Gold Mines of South Africa.Nort…
Seabed explorer Namco still struggling
Still suffering the effects of an underwater mining accident that damaged its NamSSol seabed crawler early in the year, Namibian Minerals (NMR-T) has posted a US$940,000 loss for the three months ende…