South Deep strike ends
Workers at the South Deep mine in South Africa have ended their week-old labour dispute.South Deep is a 50-50 joint venture between Placer Dome (PDG-T) and South Africa’s Western Areas. Placer purchas…
2001
Golden Star boosts interest in Bogoso
Denver — Golden Star Resources (GSC-T) has agreed to acquire its partner’s stake in the Bogoso gold mine in Ghana in exchange for 3 million shares of the company.Australia’s Anvil Mining will transfe…
AMF, Anglo cut new deal at Kolwezi
A more stable political climate in the Democratic Republic of Congo has enabled America Mineral Fields (AMZ-T) and Anglo American (AAUK-Q) to rework their deal to process the country’s Kolwezi tailing…
Miners feared dead in Zambia
As many as 10 miners are thought to be dead following a landslide at the Nchanga open pit, near the city of Chingola in north-central Zambia.Recovery operations are under way, though Benedict Chileshe…
Christian von Hessert
Christian von Hessert, chairman of Toronto-based Laramide Resources, has died. He was 59.Born in 1941 in New York, N.Y., von Hessert was a graduate of Columbia University and in 1971 received his mast…
Placer takes shine to Grayd’s White Gold
Vancouver — Placer Dome (PDG-T) has inked a deal to earn a 51% stake in White Gold project, near Tok, Alaska. In return, the major must pay the vendor, Grayd Resource (GYD-V), US$3.1 million over fou…
Higher output at Red Lake
Thanks to unexpectedly high headgrades, the Red Lake gold mine in northwestern Ontario is exceeding the production forecasts of its owner, Goldcorp (G-T).The mine, which began commercial production on…
No white knights in Labrador and Luscar fights
In two quiet corners of the mining industry — the iron ore and coal businesses — takeover battles for income funds have enlivened the profitable, but otherwise dry, business of cashing royalty chequ…
PEOPLE (April 16, 2001)
Cairngorm Mines — John Wiebe appointed managing director and secretary.Strongbow — Grenville Thomas appointed president and CEO.Tahera — Jonathan Goodman appointed director.
Northern Miner Indices (April 16, 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….
Cutbacks bolster nickel
What had appeared to be a promising rally in base metals markets earlier on in the week of April 2 turned into something of a rout on April 6 as both copper and aluminum prices shed US$30-40 per tonne…
Letter to the Editor: Columns rekindle memories
I would just like to tell you how much I enjoyed Dit Holt’s series of columns on the pioneers of Elliott Lake.I was raised in the townsite of Preston East Dome Mines. I was quite young during the back…