De Beers offer sweetened
The bid by a group led by Anglo American (AAUK-Q) to take De Beers Consolidated Mines (DBRSY-Q) private has been raised by US$2 for the benefit of minority shareholders who were holding out for a bett…
News
Navigator options claims to Tahera
Diamond explorer Tahera (TAH-T) has optioned a small land package held by Navigator Exploration (NVR-V) near the Jericho project in Nunavut.Tahera can earn an initial 51% interest in the JH claims in …
Villagers approve resettlement plan
From a distance, the village of Rosia Montana in Romania’s Transylvanian Mountains epitomizes the pastoral tranquillity of rural Europe. A closer inspection reveals the scars of a repressive political…
Apex Silver rehires at San Cristobal
Denver — At its San Cristobal silver-zinc project in Bolivia, Apex Silver Mines (SIL-X) has dumped the mining contractor Washington Group International in favour of Henry Walker Eltin of Australia.Th…
Weak currencies hamper Homestake
Denver — Weakening of the Australian and Canadian dollars relative to the greenback forced Homestake Mining (HM-N) to post a first-quarter loss of US$12 million (or 5 per share).The loss is attribut…
Producer and Dealer Prices (May 07, 2001)
Antimony: Mid-mkt US$1,245/t.Bismuth: Mid-mkt US$3.85/lb.Cadmium: Mid-mkt US$0.22/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$10.50-13.00/lb.Copper: Comex July US$0.784/lb.Indium: In…
LME Warehouse Levels (May 07, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, May 1/01 (change from April 24 in brackets):MetalStock (tonnes) ChangeAluminium455675…
Canadian technology selected for field trial
Toronto-based Krystal Bond’s technology to stabilize acid-generating mine tailings will be tested this spring at a site in Montana. The field trial will be monitored by the U.S. Mine Waste Technology …
Mine becomes tourist attraction
Golfers soon will be able to play a full 18 holes on a newly expanded course designed by Les Furber, one of the top course designers in the world. The expanded amenity is part of a multi-million-dolla…
Harmony may pull plug on Bissett mine
Unable to turn a profit at the Bissett underground gold mine in Manitoba, South African-based Harmony Gold Mining (HGMCY-Q) is considering shutting down the operation.”We will probably put Bissett on …
Falconbridge chronicles environmental progress
Every year, Falconbridge (FL-T) reviews its environmental performance in its Sustainable Development Report, and the 2000 edition is nothing if not comprehensive and candid.Falco’s parent company, Nor…
GREATEST VALUE TRADED, APRIL 25-MAY 1
ExchgVal($000s)HighLowCloseChangeAlcoa*N67663342.5039.2541.50+1.54…