Study clears hurdle for Glamis’s El Sauzal
A new optimization study appears to have improved the economics of the wholly owned El Sauzal project of Glamis Gold (GLG-T).El Sauzal sits atop steep, rugged, mountainous terrain in the southwestern …
News
Eveolution reunites McLeod-Seltzer, Lowell
A Vancouver-based capital pool company, Eveolution Ventures (EVE-V), has agreed to buy out the limited partnership of Peru Exploration Ventures and acquire all of the shares of Bear Creek Mining, a pr…
Swiss to sell more gold
Since May 2000, the central bank of Switzerland has sold 603 tonnes of gold as part of its plan to liquidate 1,300 tonnes of gold, or half of its reserves.Within a year, the National Bank will sell an…
A case for sustainable development
To those within the business sector who see sustainable development as a fad or as a distraction, let me say this: There is a strong business case for sustainable minerals operations. So strong, in fa…
Recovery chatter
Recent economic statistics show that Canada leads the major industrialized nations in economic growth, at just over 3% annually. That could have been good news for Canadians and for the Canadian minin…
Howey mine was in Red Lake
I was greatly pleased to see the deserved tribute to the late Canadian mining pioneer Jack Botsford (T.N.M., Aug. 26-Sept. 1/02).We corresponded for years, regarding his days at the Howey gold mine at…
Ground calcium demand grows
Production of ground calcium has increased significantly over the past 10 years and now stands at roughly 50.5 million tonnes per year for all grades, according to a report by London-based Roskill Inf…
Falco inks Kidd deal
Production and maintenance employees at Falconbridge’s Kidd Creek metallurgical copper-zinc operation in Timmins, Ont., have ratified a 3-year labour pact.The deal includes a wage increase of about $2…
First Quantum expands Bwana Mkubwa (October 07, 2002)
Vancouver-based First Quantum Minerals (FM-T) has expanded its Bwana Mkubwa solvent extraction-electrowinning (SX-EW) copper plant in central Zambia.Commissioning of the additional leach, filtration a…
PEOPLE (October 07, 2002)
AfriOre — Stuart Comline apponted executive chairman and director; Michael Van Aswegen appointed president, CEO and director.Apollo Gold — Llee Chapman appointed CFO.Barker — Mark Brow…
Vancouver Island has potential
Skarn deposits on Vancouver Island, particularly where there are indications of precious metal enrichment, should offer targets for exploration.At the end of the 19th century and into the early 1900s,…
Spot Prices Wed. October 2, 2002
Precious MetalsPrice (US$/oz.)ChangeGold$320.40-$5.10Silver$ 4.49-$0.14Platinum$569.00+$…