Gov’t proposes deep-freeze at Giant
After 10 years of engineering studies, the federal government has proposed freezing 237,000 tonnes of arsenic sitting in numerous underground chambers at the former Giant gold mine, near Yellowknife, …
Articles by Northern Miner Staff
BHP Billiton to sell art collection
London-based BHP Billiton plans to auction off its extensive collection of Australian art. The auction will take place in late August in Sydney.The 300-piece collection consists of works painted after…
Southern Peru exec appointed to gov’t post
Hans Flury, director of Southern Peru Copper, has become the country’s minister of energy and mines. He replaces Jaime Quijandria, who had held the office for two years.Flury, a corporate lawyer, is a…
Rally stalls
U.S. markets backed off the summer rally during the reporting period July 30-August 5, with the Dow Jones Industrial Average sliding 168.14 points to close at 9,036.32.It wasn’t a bad five days for th…
Aquiline sums up Calcatreu
With the final drill results now in hand, Aquiline Resources (AQI-V) has begun an independent resource estimate of the Calcatreu gold project in Argentina.The study, which will incorporate historic an…
Producer and Dealer Prices (August 11, 2003)
Antimony: Mid-mkt US$2,300/t.Bismuth: Mid-mkt US$3.00/lb.Cadmium: Mid-mkt US$0.70/lb.Cobalt: Recent trades US$9.95-10.30/lb.Copper: Comex Sept. US$0.8085/lb.Indium: Indium Corp., ingot, US$180/kg.Irid…
Richmont buys into Patricia
Small gold producer Richmont Mines (RIC-T) is investing $1 million in Toronto-based junior Patricia Mining (PAT-V) in order to help the latter advance its wholly owned Island Gold project, near Wawa, …
People (August 11, 2003)
Alcoa — Rudolph Huber appointed VP Alcoa Global Businesses and chief information officer.Atrix Labs — Mark Wallace appointed CFO.Desert Mining — Gabriel Holt appointed to board and as…
De Beers boasts strong first half
Although the De Beers name is inevitably associated with polished diamonds and diamond jewelry, its core business remains the exploration for, and mining and marketing of, rough diamond gems.In 2002, …
Chinese demand buoys aluminum market
(The following excerpt from The Commodity Refiner, a monthly publication of Barclays Capital Research, provides an overview of the current aluminum market.)Primary aluminum prices continue to perform …
Spot Prices Wednesday August 6, 2003 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$352.65-6.45Silver$4.93-0.17Platinum$684.00-9.00P…
Daily Metal Prices (August 11, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateAug. 5Aug. 4Aug. 1July 31July 30Al Alloy1365/1370…