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News September 27, 2004

Cambior slides on news of layoffs at Doyon

Shares in Cambior (CBJ-T) fell nearly 5% in Toronto on Sept. 13, after the company said that the lagging effects of a rock fall earlier this spring has forced the layoff of some 130 employees at its Doyon mine in northwestern Qu…

News September 27, 2004

Nevada Pacific, Placer ink two Nevada deals

Vancouver — Nevada Pacific Gold (NPG-V) has signed two more deals with Placer Dome (PDG-T) on gold properties in northern Nevada, one in the Cortez area and the other in the Carlin trend.

Terrence Podolsky

News September 27, 2004

FNX, Dynatec honour Podolsky

The Sudbury Joint Venture has renamed its Norman nickel property the Podolsky property in honour of Terrence Podolsky, a geologist, senior mining executive and long-time director of FNX Mining (FNX-T), which owns 75% of the join…

News September 27, 2004

Blackstone, Falco hit high grade

Blackstone Ventures (BLV-V) and Sulfidmalm, a wholly owned unit of Falconbridge (FL-T), have drilled significant nickel on their Espedalen project in Norway.

News September 27, 2004

Canadian Stock Exchange Indices (September 27, 2004)

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News September 27, 2004

Base metals looking better

Stock markets south of the border moved sideways over the trading period Sept. 15-21, with a quarter-point interest rate increase by the Federal Reserve making little impact on share prices. The Dow Jones Industrial Average was off fractionally at…

News September 27, 2004

Junior market hot on uranium

Junior miners had an upbeat week on the markets, with improvements in daily volumes over the Sept. 15-21 period. The average daily volume over the week was about 31 million shares, coupled with an S&P-TSX Venture Composite Index gain of 12.5 over…

News September 27, 2004

Taseko moves rock at Gibraltar (September 27, 2004)

Vancouver — Preparation work by Taseko Mines (TKO-V) on its Gibraltar open-pit copper mine, located near Williams Lake in south-central British Columbia, is readying the project for reactivation of commercial operations in Octo…

News September 27, 2004

Rock liner bursts on the scene

Falconbridge, 3M Canada and Sandvik Tamrock are developing a spray-on polymer liner to replace the awkward mesh wiring bolted into mine walls to prevent rock bursts.

News September 27, 2004

Hats off to Placer Dome

Management of the Turquoise Ridge gold mine in Nevada is to be commended for implementing an underground compensation package that relies solely on hourly wages, with incentives tied to mine safety. Unlike most other underground mines in North Ame…

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