Pt prices hurt dental sector
Last year it was the dental sector in which high palladium prices had their most significant negative impact. Demand was down by 26% to 820,000 oz., the lowest figure in 17 years.The use of palladium …
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Survival in September
Survival 2001, a conference on how to cut costs and increase productivity at mining operations, is slated for Sept. 10-11 at the Airport Hilton Hotel in Toronto.Speakers will present case studies, amo…
Decline in oil and gas pulls down CDNX
Vancouver — Canada’s junior exchange lost ground over the week ended Aug. 28. Oil-and-gas-related issues led the way with a 3.7% plunge in the sector. The Canadian Venture Exchange composite index fe…
General Minerals eyes prospects
Denver — General Minerals (gnm-t) is scouring Bolivia for tantalum prospects, having already amassed 244 km northeast of Santa Cruz.To date, most of the work has concentrated on tantalite-bearing peg…
Cumberland eyes placement
Subject to regulatory approval, Cumberland Resources (CBD-T) will offer 1 million units at $1.10 apiece to finance its exploration efforts in Nunavut.Cumberland has three gold projects in the area: Me…
Rate cuts power Toronto rise
Strong gains among the interest-sensitive sectors helped move the Toronto Stock Exchange up over the period Aug. 22-28. The Bank of Canada took advantage of recent easing by the Federal Reserve Bank t…
Banff takes US$71m Kasese writeoff
Following a review of the carrying value of the Kasese Cobalt operation in western Uganda, Banff Resources (BFF-V) has decided to write off the remaining book value of the project’s capital assets.Des…
River Valley yields PGEs
A reconnaissance exploration program has led to the discovery of more platinum-group-metal mineralization at the River Valley mafic intrusion in the Sudbury region of northern Ontario.Pacific North We…
Eagle River lifts River Gold off ground
With higher-grade development ore coming from the no. 6 zone at the Eagle River mine, 50 km west of Wawa, Ont., River Gold Mines (RIV-T) managed to climb back into the black during the second quarter….
Falco eyes Vulcan’s Labrador prospect
Falconbridge (FL-T) has entered into an agreement with St. John’s, Nfld.-based Vulcan Minerals (VUL-V) to earn up to a 65% interest in a nickel sulphide prospect some 50 km northwest of the Voisey’s B…
Rockinghorse yields large number of stones
Additional microdiamond results from the newly discovered Anuri pipe on Tahera’s (TAH-T) Rockinghorse property in Nunavut indicate that the kimberlite body is significantly diamondiferous.Six hundred …
Hunt heats up in Quebec
Ashton Mining of Canada (ACA-T) is preparing to drill-test several targets this fall at its Otish Mountains joint-venture project in north-central Quebec.Ashton flew a geophysical survey over the Otis…