News




Freeport enjoys strong quarter

Denver — Improved ore grades and record throughput at the Grasberg copper-gold operation in Irian Jaya, Indonesia, should propel Freeport-McMoRan Copper & Gold (FCX-N) to a profitable second quarter….


Alcan celebrates centenary

Alcan is celebrating its centenary by donating the buildings where the first aluminium casting took place plus $1.1 million to La Cit de l’Energie, a non-profit corporation in Quebec, which has agree…


Wardrop assumes some BLM staff

Fifteen geotechnical specialists and engineers from now-defunct BLM Engineering have joined Wardrop, an engineering and consulting firm based in Toronto.Wardrop had completed several projects with Sud…


Tan Range encouraged at Luhala gold project

The success of Barrick Gold’s (ABX-T) Bulyanhulu mine has been a shot in the arm for junior companies exploring properties in Tanzania’s Lake Victoria district. The senior producer recently exercised …


Survey says platinum could reach surplus

The amount of newly refined platinum, palladium and rhodium entering the market is expected to rise sharply this year, owing mostly to expanded production at many South African operations.Meanwhile, t…


Northern Miner Indices (July 16, 2001)

NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T18.8ComincoCLT-T4.9FalconbridgeFL-T5.9Franco-Nevada MiningFN-T6.3Freeport McMoRan Cop’r BFCX-N5.0Homestake MiningHM-N6….


Producer and Dealer Prices (July 16, 2001)

Antimony: Mid-mkt US$1,080/t.Bismuth: Mid-mkt US$3.75/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$9.00-10.50/lb.Copper: Comex Sept. US$0.718/lb.Indium: In…



Edwards mine hits a dry spell (July 16, 2001)

Low gold prices and dwindling reserves have put the kibosh on the Edwards gold mine in north-central Ontario, though River Gold Mines (RIV-T) says it may resume deep exploration once prices improve.In…


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