2005

People (November 28, 2005)

Claude Res. — Patrick Hannon appointed VP of exploration; Brian Groves appointed VP of corporate development….


Copper giant branching out into nickel

Rio Tinto (RTP-N) has two focused nickel exploration plays; one continues to explore for high-grade, nickel-copper sulphide mineralization in the northern U.S. and Canada, and the s…


Athabasca basin set for exploration boom

Next year could turn out to be a pivotal one for exploration in the Athabasca basin of northern Saskatchewan, as players in the camp use the results of this year’s compilation and airborne geophysical…


MBMI forms ‘relationship’ with HGMG

Vancouver — A Chinese smelting group has agreed to invest US$4 million to acquire a 16% toehold interest in the Bethlehem and Alpha nickel projects held by MBMI Resources (MBR-V, M…


Miners get a bounce

Resource stocks bounced back on U.S. markets after last week’s “mini-correction” aimed mostly at coal and energy companies. Strong gold prices drove the rally over the report period Nov. 15-21, with b…


Avocet buys into Dynasty

London-based Avocet Mining (AVVGF-O, AVM-L) has bought a 21% holding in Dynasty Gold (DYG-V, DGDCF-O) via private deals and participation in a recent Dynasty fina…





Lihir back in action (November 28, 2005)

Full production has resumed at Lihir Gold‘s (LIHRY-Q, LHG-A) Lihir Island pressure-oxidation and carbon-in-leach processing plant in Papua New Guinea….


Standing at the northeasternmost end of the 40-km-long Luxi gold belt, from left: Lee Barker, president and CEO of Sparton Resources; geologist Guojian Xu; and geologist Guy Della Valle. Says Della Valle of Yunnan province: "Compared to Angola, working here is like being on holiday."

Sparton explores Yunnan’s Luxi belt

Mangshi City, Yunnan Province, China — Two years of successful grassroots exploration by Sparton Resources (SRI-V, SPNRF-O) of the Luxi gold belt in China’s Yunnan province has all…


Stornoway Diamond president and CEO Eira Thomas (right) prepares core for transport from the Aviat diamond property on the Melville Peninsula in Nunavut.

High-interest source eludes Churchill JV

Despite discovering 17 new kimberlite bodies during the 2005 spring and summer drilling campaign at the Churchill project in eastern Nunavut, disappointing microdiamond results illustrate the fact tha…


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