Dianor hunts for James Bay diamonds
Radisson, Que. — Dianor Resources (DOR-V) distinguished itself in 2001 by discovering the first diamond in Quebec’s James Bay region and has been following up on that early success with a methodical …
2003
Lonshi production marks watershed in the Copperbelt
Ndola, Zambia — The border between Zambia and the Democratic Republic of the Congo is, physically, the height of land between the Congo River and Zambezi River watersheds.On the ground, it’s scarcely…
News – 13-OCT-03
Ontario’s Liberals will have to earn mining’s respect Laws of gravity
“Gouverner, c’est choisir.”– Franois-Gaston duc de Lvis, governor of New France (1759-1760), misattributed to any number of political cliche-artists since.Lvis was right — to govern is to choose …
People (October 13, 2003)
America Mineral Fields — Bernard Pryor and John Bentley appointed directors.Canabrava — Susy Horna appointed corporate secretary.OntZinc — Peter George appointed senior VP of explorati…
Open-pit eyed at Kemess North
Northgate Exploration (NGX-T) reports that its Kemess North gold-copper project in north-central British Columbia contains a resource of 4 million oz., enough for a mine life of 11 years. According to…
Newmont buys into Southwestern
Vancouver — Newmont Mining (NEM-N) will buy 450,000 shares of Southwestern Resources (SWG-T) at $15 per share for total proceeds of $6.75 million. Newmont has agreed, for 12 months, not to sell the s…
OGS geologist wins medal
Peter Barnett, a geologist with the Ontario Geological Survey (OGS), has received the 2003 provincial geologist’s medal. The presentation was made during a conference of Canada’s energy and mines mini…
Inmet, Outokumpu rework share deal (October 13, 2003)
Finland’s Outokumpu has raised ;23 million by selling 4 million shares in Inmet Mining (INM-T).The shares were issued to Outokumpu as part of Inmet’s acquisition of the Pyhasalmi copper-zinc mine in F…
S Malartic samples Croinor
South Malartic Exploration (MSU-V) and Richmont Mines (RIC-T) have arranged a custom-milling agreement for a bulk sample from the former’s Croinor gold deposit, about 70 km east of Val d’Or, Que.South…
Afcan tops up till for TJS project
Junior Afcan Mining (AFK-V) has raised $9.4 million by privately placing 40 million units priced at 25 apiece.The units, consisting of a share and half a warrant, are subject to a 4-month hold period…
New Jackson bodies bear stones (October 13, 2003)
Sampling of three areas of frost boil on Twin Mining’s (TWG-T) recently discovered Jackson Inlet kimberlite bodies has proved fruitful.In all, three samples totalling 50.5 kg yielded 13 diamonds, with…