Goldcorp packs on financial muscle
Mid-tier gold producer Goldcorp (G-T) has nearly doubled its cash reserves by selling US$144 million worth of units to a syndicate of underwriters.The bought deal, led by Griffiths McBurney & Partners…
News
MAC awarded for GHG emissions work
The Mining Association of Canada (MAC) has received an award for its efforts to reduce greenhouse gas (GHG) emissions.The award was presented at a ceremony in Ottawa by the Voluntary Challenge and Reg…
Dios finds G10 pyrope garnet (April 22, 2002)
Dios Exploration (DOS-V) has discovered a G10 pyrope garnet on the 33 Carats property in the Otish Mountains region of north-central Quebec.The company recovered five pyrope garnets from till samples …
Amplats workers end strike
Striking workers at Anglo American Platinum’s base and precious metals refineries in Rustenburg, South Africa, have returned to work after a court ruled the strikes were illegal.This follows a ruling,…
GSC marks 160 years
April 14 marked the 160th anniversary of the establishment of the Geological Survey of Canada.Those readers who were student employees in the field and laboratory will hold the GSC in special affectio…
USGS report on Afghanistan
The gem, metal and mineral resources of Afghanistan are described in a new report from the U.S. Geological Survey.The 10-page report and its appendices list, by name and location, more than 1,000 site…
Drilling heats up at Meadowbank
At its 3-million-oz. Meadowbank gold project in Nunavut, Cumberland Resources (CBD-T) is spending $2.5 million on a drilling program aimed at outlining enough ounces to support a 10-year mine capable …
Mideast crisis spells downside risks for metals
Several factors — the dearth of economic indicators that would indicate that manufacturing fundamentals are improving, the release of poor corporate financial results for the first quarter, and the p…
Nickel Rim South takes shape for Falco
A rich massive sulphide deposit is quickly taking shape in the venerable Sudbury mining camp of northern Ontario.Since discovering the zone last fall, Falconbridge (FL-T) has sunk seven more holes in …
The virtual paper trail
With the news that regulators in the United States — not the mighty Securities and Exchange Commission, but lowly state authorities — have opened the issue of analysts’ recommendations, we see a fai…
Nevada third-largest gold producer
In 2001, the total value of mineral production from mines in Nevada reached US$2.5 billion, most of which came from gold operations.The state produced more than 8 million oz. gold for the fourth year …
Queen’s to host symposium
Dr. Malcolm McPherson, associate dean for research and graduate studies at Virginia Tech University, will be the keynote speaker at the ninth Mine Ventilation Symposium, to be held June 8-12 at Queen’…