2004


De Beers’ Victor mired in red tape

De Beers is reassessing the proposed development schedule for the advanced-stage Victor diamond project in northern Ontario while it awaits notification from the federal government regarding scoping r…


‘Journey to the heart of hypocrisy’

This letter echoes your commentary titled “Sermon from the height of hypocrisy” (T.N.M., Oct. 10-16/03).I spent Christmas in Toronto, among people with fashionably left-liberal political views. They m…


Severe winter frustrates Queenstake

As it enters its seventh month as owner and operator of the Jerritt Canyon gold mine in northeastern Nevada, Queenstake Resources (QRL-T) says the “unusually early and severe” onset of winter has hamp…


Cdn Zinc raises funds

Vancouver – Canadian Zinc (CZN-T) has increased the company’s capital and issued additional shares in a private placement.Subsequently, Canadian Zinc’s recent private-placement financing of $6 million…


Freeport redeems notes

Freeport-McMoRan Copper & Gold (FCX-N) has eliminated US$180 million in debt through the early conversion of senior notes.In mid-2001, the copper magnate issued US$603.75 million worth of senior conve…



Gold without cyanide

The Center for Advanced Mineral and Metallurgical Processing (CAMP) at Montana Tech of the University of Montana has been using nitrogen-species-catalyzed (NSC) pressure leaching followed by an alkali…


Canarc extends New Polaris at depth

Vancouver — Deep drilling at Canarc Resource’s (CCM-T) New Polaris property near Atlin, B.C., has intersected high-grade gold veins at depth.The 3-hole, 5,121-ft. program was designed to test two dee…


Newmont raises Phoenix, inks JV

Ushering in the new year with a bang, Newmont Mining (NEM-N) has begun developing the Phoenix deposit ahead of schedule.Situated in north-central Nevada, Phoenix is now slated to begin production in 2…


Franc Joubin, inducted into the Canadian Mining Hall of Fame in 1989, stands at the construction site of Algom Uranium's Quirke Mill, near Algoma, Ont., in 1955. Joubin contributed to the development of the Elliot Lake uranium play in the early 1950s.

Fifteen Years Ago / January 1989

Barrick expands GoldstrikeToronto-based American Barrick Resources is about to embark on one of the most ambitious mine development programs ever undertaken by a Canadian gold producer.Over the next f…


Photo by Ryan WalkerInfill drilling on Vein 49 at Aquiline's Calcatreu gold-silver project in Argentina's Rio Negro province.

Calcatreu takes shape under Aquiline

Ingenerio Jacobacci, Argentina — Results from ongoing infill drilling have convinced Aquiline Resources (AQI-V) that it will soon outline more than 1 million oz. at its Calcatreu gold-silver project,…


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