MOST ACTIVE ISSUES, APRIL 25-MAY 1
ExchgVol(000s)HighLowCloseChangeTeck Ltd BT 2107617.7015.4016.24-1.36…
2001
Hope Bay partners bullish on Naartok
Drill results from the Hope Bay gold project in Nunavut continue to show the potential of the Naartok-Matrim-Patch trend.Partners Miramar Mining (MAE-T) and Hope Bay Gold (HGC-T) are carrying out an i…
Cheviot coal mine plan gets government approval
Vancouver — Five years after submiting an environmental impact asssessment, Luscar and joint-venture partner CONSOL Energy Canada have obtained government approval for their Cheviot coal mine project…
Canyon reaches reclamation agreement
Denver — Canyon Resources (CAU-X) has reached an agreement with the Montana Department of Environmental Quality (DEQ) for the final reclamation of the Kendall mine, near Lewistown.The company, throug…
Weak copper price dents Aur profits
Copper producer Aur Resources (AUR-T) watched its profits slip 34% during the first quarter, despite having its cash flow revved up by the acquisition, last November, of the Quebrada Blanca mine in Ch…
GREATEST VALUE TRADED, APRIL 25-MAY 1
ExchgVal($000s)HighLowCloseChangeAlcoa*N67663342.5039.2541.50+1.54…
Evaluating baseline studies
The costs associated with public consultation, community involvement, permitting, and environmental baseline studies are often perceived as major impediments to mine development, and much of this perc…
MAP project going strong in South America
Somewhere in southwestern South America, geologists are putting together the pieces of a giant puzzle known as the Multinational Andean Project (MAP), an international map-making endeavour.The program…
Mining index leads charge in CDNX rally
Vancouver — Canada’s junior exchange rallied strongly over the week ended May 1, led by a triple-digit gain in the mining index. The Canadian Ventures Exchange composite index tacked on 41.94 points,…
Cayeli strike hits Inmet
Recovering from a 3-month strike at the Cayeli base metal mine in Turkey, Inmet Mining (IMN-T) has posted a first-quarter loss of $3.9 million on revenue of $18.2 million.The loss, 13 per share, comp…
CanAlaska adds diamond project
Vancouver — CanAlaska Ventures (CVV-V) has acquired a diamond property northwest of the Kapuskasing Structural zone in the Superior Craton of northern Ontario.The vendors of the property discovered w…
Ashanti triumphs in quarter
Denver — Overcoming a possible production shortfall, Ashanti Goldfields (ASL-N) posted strong results for the first quarter.Earnings totalled US$9 million (or 8 per share), compared with US$6.9 mill…