News

TVX chalks up quarterly loss (November 19, 2001)

Lower realized prices and the devaluation of the Brazilian real saw TVX Gold (TVX-T) end the third quarter in the red.Net losses in the three months ended Sept. 30 totalled US$1.1 million on revenue o…


CDNX breaks 3000 mark

Vancouver — Canada’s junior exchange posted gains on all fronts over the report period ended Nov. 13. The Canadian Venture Exchange composite index tacked on 66.11 points, or 2.24%, to finish the wee…


Vannessa seeks injunction

Vancouver — Legal issues are once again taking centre-stage at the Las Cristinas gold property in Bolivar state, Venezuela. Minera Las Cristinas (Minca), which is 95%-held by Vannessa Ventures (VVV-V…


Starfield adds tonnage at Ferguson Lake

Vancouver — Drilling at Starfield Resources’ (SRU-V) Ferguson Lake property in Nunavut has added 8.4 million tonnes to the copper/nickel/cobalt/platinum-group-metal resource.The additional tonnage oc…



Ensuring competitiveness

As Canadians strive to come to terms with the terrorist attacks of Sept. 11 in New York, N.Y., our preoccupation with near-term issues such as the security of the country and safety of its citizens is…


Competitiveness

Pittsburgh, Pa.-based Allegheny Technologies has sold the North American operations of distribution company Titanium Industries to a new company led by the latter’s management.Allegheny will retain ti…


Reversal of 3809 rules makes sense

The repeal of several provisions in the U.S. Department of the Interior’s Surface Management Regulations — usually called the “3809 Regulations,” for their place in the Federal Register — represents…


Geologists discuss new technology

The next meeting of the Toronto Geological Discussion Group will examine the merits of 3-D Quest, a technology designed to reduce risks associated with exploration drilling.Robert Gordon, manager of g…



Newmont bid stirs market

Newmont Mining shocked the gold mining world on Nov. 14 by launching a simultaneous, all-share takeover bid for Canada’s Franco-Nevada Mining and Australia’s Normandy Mining. The deal would create the…


BHP Billiton to close Rietspruit coal operation

Partners Ingwe Coal and Tavistock Collieries will close the Rietspruit coal mine in South Africa.Ingwe is a subsidiary of BHP Billiton. Michael Oppenheimer, president of BHP Billiton’s energy and coal…


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