Correction (September 10, 2001)
Mirabel Resources (RMB-M) is operator of the Montauban project in Quebec which consists of 83 claims, 50 km northeast of Trois-Rivieres.An earlier story (T.N.M., July 16/01) stated that 28 of the clai…
News
P&H joins CMTE
P&H MinePro Services has been made a member of the Co-operative Research Centre for Mining Technology and Equipment (CMTE). Both are based in Brisbane, Australia.The CMTE, established under the Austra…
PEOPLE (September 10, 2001)
Diagem — Jonathan Goodman and Mousseau Tremblay appointed directors.Melkior — Jocelyn Cote appointed president.Weda Bay — John Lynch appointed president and CEO.
Julietta mine to start up in fourth quarter
Only months after low gold prices forced the closure of its high-cost Refugio mine in Chile, Bema Gold (BGO-T) has announced a fourth-quarter startup for its 79%-owned, fully-financed Julietta gold-si…
Metals boom awaits global prosperity Bad governance fuels poverty
The recent slump in metals demand is taking a heavy toll on mining companies, and with Western politicians conceding that their economies may take longer to recover than expected, producers are hunker…
Imperial suspends operations
The beleaguered Mount Polley mine in central British Columbia will close its doors in late September because of continuing low copper and gold prices.Imperial Metals (IPM-T) is suspending operations, …
Dow dips below 10,000 mark
Denver — Growing market pessimism pushed the Dow Jones industrial average below the 10,000 mark, down 224.54 points, or 2.2%, to 9997.49 points during the report period ended Sept. 4. The Nasdaq drop…
Denison to manage cleanup
Denison Environmental Services, together with Innova Quest, will oversee the reclamation of the former Hope Brook mine site in southwestern Newfoundland.The companies were chosen from six proposals su…
Sustaining South African mining
South Africa’s mining industry has always been committed to sustainable development by balancing development with environmental considerations. The industry’s participation in both national and intern…
‘Personal comment’ mars reporting
John Cumming wrote a detailed article on Gabriel Resources feasibility study of the Rosia Montana gold project in Romania (T.N.M., Aug. 20-26/01). His factually correct reporting of the study would ha…
Diversification helps Cameco ride out weak uranium market
Uranium producers have had little to cheer about in recent years.Hopes were raised earlier this year when the U.S. government unveiled its proposed energy policy, which included an increase in the use…
Gold properties fall to bargain hunters
The mining adage that gold properties are worth whatever someone will pay for them holds true in good times and bad. And in these tough times, mines can be had, and are being had, at bargain-basement …