Meliadine West put on block
Australia’s WMC has notified its two Canadian partners, Cumberland Resources (CBD-T) and Comaplex Minerals (CMF-T), that the Meliadine West gold project in Nunavut will be included in the packa…
News
Colorado Geological Survey publishes coal directory
Maps showing production and distribution patterns are among the chief features of Colorado Coal Directory 2000.The maps also show the location of mines, permit boundaries, topography, and areas of pas…
PCS wins safety award
The New Brunswick division of Potash Corp. of Saskatchewan had the lowest frequency and severity of accidents at a mine site in 2000, and was duly honoured for its achievement at the 31st annual safet…
Noranda hits more copper-gold at El Morro
Great results keep rolling in from the El Morro copper-gold project in north central Chile, where Noranda has been drilling as part of an earn-in agreement with owner Metallica Resources (MR-T).The la…
Brancote advances Esquel gold project in Argentina
A 20,000-metre drilling program aimed at upgrading the inferred resource of the Football Field zone at the Esquel gold project in southern Argentina is now more than 60% complete.London-based Brancote…
Realists, idealists clash over energy
American President George Bush and Vice-President Dick Cheney are realists, which is why fossil fuels are a cornerstone of their newly formulated energy policy. Given the nation’s ravenous appetite fo…
Bedwell’s booms and busts
Gold was first found in the bed of the Bedwell River by the Vancouver Island Exploring Expedition party, led by John Buttle in 1865. When the report of the discovery reached the city of Victoria, a hu…
Northern Miner Indices (May 14, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T19.3ComincoCLT-T5.1FalconbridgeFL-T6.7Franco-Nevada MiningFN-T6.3Freeport McMoRan Cop’r BFCX-N6.7Homestake MiningHM-N4….
Exchange Rates (May 14, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateMay 8May 7May 4May 3May 2US$ in C$1.54441.54031.53491.5329…
Barrick posts record cash flow
The weak gold market and fears of recession in the industrial world may be working on the minds of many gold producers, but Barrick Gold (ABX-T) has kept smiling through the hard times — if you can c…
Africa’s rich copper belt lures majors
Africa’s copper belt has been in decline for decades, but that could change now that deep-pocketed majors have inked deals to increase their exposure to one of the world’s richest mineral districts.Ph…
Spot Prices Wed. MAY 9, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$265.20+$0.20Silver$ 4.32-$0.07Platinum$604.00+$…