News


Northern Dynasty expands Pebble

Resources at Northern Dynasty Minerals’ () Pebble gold-copper project, 380 km southwest of Anchorage, Alaska, have swelled following 19,948 metres of drilling in 59 holes.Norwest Corp., an independent…


St. Jude cuts more gold at Benso (February 02, 2004)

Vancouver — St. Jude Resources () has released encouraging drill results from the Benso concession in Ghana, West Africa.Drilling on the G zone has determined that mineralization strikes for more tha…


When stars line up

More commentators are saying out loud what was only safe to whisper a year ago: that commodity markets seem to have turned the corner, and that renewed economic growth may sustain a bull market for se…


St Andrew drives Stock revival

St Andrew Goldfields (SAS-T) has begun dewatering underground workings at the past-producing Stock mine, near Timmins, Ont.During the fall, St Andrew drilled eight surface holes (4,026 metres) to conf…


Twenty-Five Years Ago / February 1979

Black pushes for rapid growthWithin two months of the entry of Toronto financier and industrialist Conrad Black and his brother, G. Montagu, to the board of directors of Hollinger Mines, the company a…


Unstable gold market to continue

Gold ended the week Jan. 19-23 on a soft note, after late selling took prices to a close of US$407.80 per oz. However, with the U.S. dollar firming further, supported by comments from U.S. Treasury Se…


Rio Tinto vs. AIDS

London-based Rio Tinto has developed and implemented a global HIV-AIDS strategy in response to the social and economic issues related to the life-threatening disease.About 40 million people worldwide …


Aker Kvaerner settles Tonopah dispute

Equatorial Mining, based in Sydney, Australia, will receive US$101 million from engineering firm Aker Kvaerner to resolve legal claims surrounding the failed Tonopah gold mine in Nevada. The settlemen…


Carlin workers to vote on new deal

A ratification vote is set for early February on a contract between Operating Engineers Union Local 3 and Denver-based Newmont Mining.The balloting will be held at the Elko Convention Center in Nevada…


Alcoa sells off can business

Alcoa has packaged part of its packaging equipment business and sold it to American Industrial Partners (AIP) for roughly US$45 million.The sale is part of the aluminum titan’s strategy of focusing on…


Producer and Dealer Prices (February 02, 2004)

Antimony: Mid-mkt US$2,600/t.Bismuth: Mid-mkt US$2.95/lb.Cadmium: Mid-mkt US$0.62/lb.Cobalt: Recent trades US$23-29/lb.Copper: Comex Mar. US$1.114/lb.Indium: Indium Corp., ingot, US$375/kg.Iridium: Mi…


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