Articles from the October 31, 2004 edition
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Golconda Resources finds more diamonds at Shulin Lake project
Calgary-based Golconda Resources Ltd., operator of the Shulin Lake diamond exploration joint venture, says it found micro-diamonds during its spring drilling program at the Southcentral Alaska property. The holes at the Shulin Lake project, which... — Updated 10/31/2004 Full story
Canada's proposed diamond strategy gets lukewarm reception from industry
Canada's burgeoning diamond industry is not likely to get an extra lift from tax changes. A spokesman for the Canadian government dumped some cold water on hopes contained in a proposed national diamond strategy prepared by the governments of the... — Updated 10/31/2004 Full story
Inco moves ahead on two nickel mines
Inco, the world's second largest nickel producer, is now in pursuit of a 50 percent increase in output by 2009. The Toronto-based company has ended a two-year hiatus by resuming work on its US$1.9 billion Goro project in New Caledonia and is six mo... — Updated 10/31/2004
B.C. aboriginal groups block Kemess gold, copper mine expansion project
Aboriginal groups in a remote corner of north-central British Columbia are resolutely opposed to plans by Vancouver-based Northgate Minerals to expand the Kemess gold and copper mine. Northgate took over Kemess four years ago after the previous... — Updated 10/31/2004 Full story
Sparkle in the stubble?
Saskatchewan, Canada's so-called breadbasket because of its seemingly endless grain fields and also the country's second-largest oil and gas producing province, has hopes of adding diamonds to the portfolio. After years of probing beneath the... — Updated 10/31/2004
World demand forges Alaska mining success
Robust metal prices are the most positive factor affecting Alaska's mining industry over the past year, according to Steve Borell, executive director of the Alaska Miners Association. "Metal prices are what drives the industry," Borell said. He... — Updated 10/31/2004
Kensington receives final use permit
Coeur d'Alene Mines said it has received final approval on its allowable use permit from the Juneau Planning Commission for the Kensington gold project 45 miles north of Juneau, inside the city and borough boundaries. Coeur called the decision "a... — Updated 10/31/2004
A gem of a deposit in northwest Alaska
It's still a few years off, but if NovaGold Resources Inc. turns the Ambler prospect into an operating mine, it could open up a mineral belt with a total of $12 billion in reserves - at 1982 prices. That $12 billion figure comes from a 1982 state... — Updated 10/31/2004
Port site chosen for Pebble mine project
Northern Dynasty Minerals Ltd. has zeroed in on a port site on the southwest corner of Iniskin Bay on Cook Inlet, to serve its Pebble deposit, a proposed open pit, gold-copper-molybdenum-silver mine near Iliamna in Southwestern Alaska, according to... — Updated 10/31/2004
Russia's gold mining opportunities now attractive to international corporations
Russia's gold mining industry, once ruled by Stalin's most vicious henchmen, has transformed itself into an attractive prospect for international corporations. Much of the gold mining takes place in the Russian Far East, in Magadan and Chukotka,... — Updated 10/31/2004
Exploration efforts continue at record pace
Despite the fact that winter has arrived over much of Alaska, exploration efforts continued at record pace throughout the state in October. Late summer programs are now competing for people and... — Updated 10/31/2004 Full story
Usibelli looking at mine-mouth power plant
A coal-fueled power plant could help meet the growing energy needs of Alaska's Railbelt, Usibelli Coal Mine Inc. believes. But the company faces a bumpy road to the realization of its Emma Creek Energy Project, with some electric utilities... — Updated 10/31/2004
Liberty Star drills White Sox target at Iliamna
Tucson-based Liberty Star Gold Corp. started a boring project Oct. 23 on its expansive Big Chunk project properties, which border the Northern Dynasty Mineral Ltd. Pebble project near Iliamna in Southwestern Alaska. Drilling was scheduled to last... — Updated 10/31/2004
