Winning the metals
The following is an excerpt from the ninth edition of Mining Explained, published by The Northern Miner.
News
Benefit raises funds for hospital
The second annual Mining for a Heart of Gold fundraiser brought in $35,000 for the Hamilton, Ont.-based St. Peter’s Hospital at Chedoke, a facility that helps young adults with disabilities.
Lassonde wins Gold Medal
Newmont Mining President Pierre Lassonde added a couple of ounces to his reserves when he was presented with the Gold Medal by the Ontario Professional Engineers at a ceremony in Toronto.
Falco, Blackstone eye discovery zone at Espedalen
Vancouver —
Ivanhoe grows Hugo North (December 06, 2004)
The latest batch of results from step-out drilling on the Hugo North deposit has yielded the best-ever copper-gold intersection for
Manhattan exits Peru
Vancouver — Having had its fill of difficulties in Peru,
OSC head to step down
David Brown will resign as chairman of the Ontario Securities Commission at the end of June 2005.
Apollo takes off
Gold breaks US$450 per oz.
Gold broke through the psychological US$450-per-oz. barrier during the Nov. 24-30 report period, ending near a 16-year high of US$453.40 per oz. in the afternoon in London on Nov. 30. Still, the Toronto Stock Exchange’s gold index suffered a late-…
Holiday quiet calms markets
U.S. stock markets traded in a narrow range between Nov. 24 and 30, a trading period bisected by the U.S. Thanksgiving holiday. The S&P 500 index closed 3.12 points lower, at 1,173.82, in four trading days that saw the index move in a 14-point ban…
Seeing no evil
We’re fortunate to have another example in front of us. At the Chenjiashan coal mine in China’s Shaanxi province, 116 miners are missing and presumed dead, and another 50 are confirmed dead following a methane explosion.
Through the magic of NGOs
Manhattan Minerals has sold its Peruvian mineral interests for US$600,000 and the assumption of $2.4 million in liabilities. So ends a cautionary tale for explorers and their backers alike.