Economics papers receive awards
The Houghton, Mich.-based Mineral Economics and Management Society has presented two awards for papers written by graduate students on the topic of mineral economics.First prize of US$1,000 was presen…
News
PEOPLE (August 26, 2002)
Emgold — William Witte appointed president and CEO.Falconbridge — Michael Doolan appointed VP and CFO.Golden Phoenix — Ronald Parratt appointed director.Jilbey Enterprises…
Slave battle heads to courts
A dispute between joint-venture partners Ashton Mining of Canada (ACA-T) and Pure Gold Minerals (PUG-T) over the Slave Regional project is headed for the courts.Ashton filed a statement of defence and…
Drills turn at Poste Lemoyne (August 26, 2002)
Equal partners Virginia Gold Mines (VIA-T) and TWG Corp. (GWC-V) have begun a 19-hole drilling campaign on their Poste Lemoyne gold project in the James Bay area of northwestern Quebec.The program is …
Northern Miner Indices (August 26, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T23.2%CamecoCCO-T3.2%FalconbridgeFL-T5.2%Freeport BFCX.B-N5.8%GoldcorpG-T4.2%IncoN-T9.2%Meridian GoldMNG-T2.8%Newmont MiningNE…
Rubicon drills two projects
Vancouver — Rubicon Minerals (RMX-V) will begin drilling at its Golden Promise project, near Badger, Nfld.The company recently discovered a gold-bearing quartz vein, dubbed the Jacqueline zone, in an…
Exchange Rates (August 26, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateAug. 20Aug. 19Aug. 16Aug. 15Aug. 14US$ in C$1.57151.57101.56011.5…
Placer extends Aurion offer
Placer Dome (PDG-T), now with more than 31% of AurionGold’s shares, has again extended its unconditional final bid.Placer’s offer of 17.5 of its own shares for every 100 AurionGold shares plus A35 ca…
TVX posts improved earnings (August 26, 2002)
Buoyed by a higher gold price and a US$1.2-million gain on the sale of its residual interest in the Casa Berardi mine in northwestern Que., Toronto-based TVX Gold (TVX-T) posted improved second-quarte…
SouthernEra to boost Messina stake
With an eye toward increasing its stake in the Messina platinum group metals mine in South Africa, SouthernEra Resources (SUF-T) has agreed to underwrite a rights issue by the mine’s owner, Messina.Me…
Enviromental concerns affect boron demand
Consumption of borate in the detergents industry continues to be affected by environmental concerns, according to a report from London-based Roskill Information Services.Economics of Boron (10th editi…
LME Warehouse Levels (August 26, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Aug. 20 (change from Aug. 13 in brackets):MetalStock (tonnes)ChangeAluminium1295775(-…