Wheaton River ponies up for Amapari
The latest target of Wheaton River Minerals (WRM-T) is expected to boost the company’s annual production by a quarter, but the promise comes at a considerable premium.Since mid-2002, Wheaton has spent…
News
Higher Metal Prices drive Cerro Casale
Vancouver — Eleven years after partners Bema Gold (bgo-t) and Arizona Star Resource (AZS-V) discovered the Cerro Casale copper-gold deposit, majority owner Placer Dome (pdg-t) has started talks with …
First Quantum to Chile
African copper producer First Quantum Minerals (FM-T) has inked a deal that will see it take up grassroots exploration in the Chilean copper fields.The deal with private Chilean company MN Ingenieros …
Fox wins prospector award from BC Chamber
Peter Fox, who discovered the QR gold mine near Quesnel, B.C., will be presented with the British Columbia Chamber of Mines’ H.H. “Spud” Huestis Award, honouring excellence in prospecting.The award wi…
Aussie coal union calls for strike
Australia’s mining union says it will call a national coal mining strike to protest eroding safety standards.The Construction, Forestry, Mining & Energy Union (CFMEU) says the move is in response to t…
Editorial: Piling on Black
Some of us have noticed that there are, indeed, more than a few “weedy and not-very-bright leftists” writing for Canadian newspapers. Some of us have run across “arrogant and abrasive youngsters who s…
Goldcorp eyes Sidace Lake extension
Vancouver — Drilling success at Planet Exploration’s (PXI-V) Sidace Lake property has prompted Goldcorp (G-T) to pick up a majority stake in two more properties in Ontario’s Red Lake camp.The low-cos…
Court rejects Oka appeal
A Quebec court has rejected an appeal by the Union of Agricultural Producers (UPA) against an earlier ruling in favour of Niocan’s (NIO-T) niobium mining project in Oka, Que.The group had voiced conce…
Suppliers Roundup (December 01, 2003)
Miller takes home two awardsNorth Bay-based Miller Technology, which produces personnel carriers for use underground, has received two awards.For the second time in the past decade, Miller was named C…
European Mnrls ups Varvarinskoye reserves
A review by Arizona-based Mintec has boosted by 73% the proven and probable reserves at European Minerals’ (EPM.U-T) Varvarinskoye gold-copper deposit in northern Kazakstan.Based on a gold price of US…
LME Warehouse Levels (December 01, 2003)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 24 (change from Nov. 17 in brackets):MetalStock(tonnes)ChangeAluminium1393200(+8…
Exchange Rates (December 01, 2003)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateNov. 25Nov. 24Nov. 21Nov. 20Nov. 19US$ in C$…