News

DIAMOND PAGE — De Beers strikes deal with Russians

South Africa-based De Beers Consolidated Mines (DBRS-Q) has concluded a trade agreement with the Russian government and mining industry on the export and sale of Russian rough diamonds to the company’…


EDITORIAL — The legacy of Busang — Tighter rules on foreign projects Regulators and mining industry experts are engaged in much soul-searching, and a good part of this exercise is aimed at finding ways to ensure that a massive fraud such as Bre-X Minerals’ Busang project does not happen again.

While this infamous bungle in the jungle was an extraordinary event, an open discussion on tightening up the rules of the game is taking place in Toronto. Several proposals for reforms have already be…



Westmin, Atna concerned over selenium at Wolverine

High selenium content could hinder the economic potential of the Wolverine volcanogenic massive sulphide deposit in the southeastern Yukon.Partners Westmin Resources (WMI-T) and Atna Resources (ATN-T)…


Pentland raises funds

Toronto-based Pentland Firth Ventures (PF-T) has raised $1.6 million by issuing 1.5 million flow-through shares to Kinross Gold (K-T).The shares, which are subject to a 1-year holding period, boost Ki…


ODDS ‘N’ SODS — Canadian back bacon

Every Canadian geologist has, at one time or another, obstinately argued that a particular chunk of muskeg or tundra he had walked over had the worst bugs in the world.Those who have worked outside of…





Boliden featured at CIM meeting

Bengt Lofkvist, vice-president of exploration and business development for Boliden, will be the guest speaker at the Nov. 20 luncheon hosted by the Toronto branch of the Canadian Institute of Mining, …


Aussie nickel deposit now under development

The Murrin Murrin nickel and cobalt deposit in Western Australia is under development and scheduled to be commissioned in the fourth quarter of 1998.Development will be carried out in two stages. At t…



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