News

Aurora cuts kimberlite at Belleterre

Aurora Platinum (ARP-V) has discovered a kimberlite body on the Midrim-Belleterre nickel/copper/-platinum-group-metal project in western Quebec. The junior made the discovery while drill-testing a cir…



Merger trends

It was said of Benjamin Disraeli that he spent more time arriving at Westminster than he spent in it. Consolidation in the gold industry is arriving, still. It has to be said: if Barrick’s taking over…


Colorado evaluates land tracts

The Colorado Geological Survey (CGS) has released two reports which evaluate the resource potential of more than 4 million acres administered by the State Land Board.The land is in Kiowa and Cheyenne …


LME Warehouse Levels (July 02, 2001)

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, June 26/01 (change from June 19 in brackets):Aluminium625100(+9375)Aluminium Alloy86740(+900)Copper434450(+9275)Lead…


Partners turn up low grades in Kirkland Lake

Five holes drilled in the South Break and 180 Splay structures in Lebel and Gauthier twps., near Kirkland Lake, Ont., have intersected long intervals of low-grade gold mineralization.Partners Queensto…



Andacollo liquidation begins (July 02, 2001)

Compania Minera Dayton (CMD), a wholly owned subsidiary of Dayton Mining (DAY-T), has been granted bankruptcy protection for four years.In May, CMD’s creditors unanimously accepted a creditor’s agreem…


More gold for Anatolia

Denver — Stepout drilling at the Cukurdere gold-copper prospect in central Turkey has hit the jackpot for partners Anatolia Minerals Development (YMC.U-V) and Rio Tinto (RTP-N).Hole CRC-1 stopped at …


Record copper consumption

Consumption of copper in the U.S. reached record levels in 2000.Preliminary data indicate total usage levels were 1% ahead of 1999. This comes on the heels of 1999’s total of 4.2 million tonnes, an al…


Boart Longyear among CDDA award winners

The Canadian arm of Boart Longyear, based in North Bay, Ont., won both the Class A surface and underground safety awards at the annual general meeting of the Canadian Diamond Drilling Association (CDD…


Ivanhoe Mines’ Savage River wins environment award

Ivanhoe Mines’ Savage River iron ore operation in northwestern Tasmania has received an award for environmental excellence.The award recognizes the company’s success in controlling water runoff from r…


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