Perseverance on hold
With zinc prices foundering in the US33-to-36-per-lb. range, Noranda (NRD-T) has decided to postpone development of the Perseverance project, near Matagami, Que.Noranda’s president of zinc operation…
2002
Pan Am date extended
Before the merger with Pan American Silver (PAA-T) can close, Corner Bay Silver (BAY-T) has to secure a water source for a proposed heap-leach operation at the Alamo Dorado project in Sonora state, Me…
Tiomin gets nod for Kenyan project
After years of study, the Kenyan government has approved a 16-year mining lease for Tiomin Resources’ (TIO-T) Kwale titanium-sands project, southwest of Mombasa.The lease, which can be renewed for a f…
Montana judge dismisses Canyon suit
A judge in Helena, Mont., has thrown out a lawsuit by Canyon Resources (CAU-X) that claimed a 1998 state ban on cyanide use in gold mines illegally blocked plans for an open-pit mine near Lincoln, 300…
LionOre execs receive exploration awards
LionOre Australia’s chief geologist, Mark Bennett, has won the Prospector of the Year Award from the Australian branch of the Association of Mining & Exploration Companies (AMEC).The award recognizes …
Barrick to open up Andean gold district
To jump-start development of a 39-million-oz. gold district in the high Andes along the border between northern Argentina and Chile, Barrick Gold (ABX-T) has committed to spending about US$425 million…
Silver producers jostle for investors’ attention
At the Autumn Precious Metals Seminar, held recently in Toronto and co-sponsored by the Silver Institute and Gold Fields Mineral Services, representatives of five North American silver producers gave …
Sustainable development in Asia
What would the world be like if Asia — the most populous, the most dynamic quadrant of the globe — were to fail in making the transition to a sustainable lifestyle?I would argue that there can’t be …
Democrats better off without 2000 baggage Gore no more
Speaking in the congenial confines of the Columbia Broadcasting System’s current-affairs program 60 Minutes, Albert Gore Jr. has stated he won’t be a candidate for the presidency of the United States …
Caldera finds little resistance
A ground electromagnetic survey by Caldera Resources (CDR-T) has outlined several conductive bodies at the Mt. Sarah property in South Australia.Roughly 6.8 km was surveyed along four lines to cover p…
People (December 23, 2002)
Argosy Minerals — John Nicholls appointed director.Cameco — Terry Rogers appointed senior vice-president and chief operating officer.Lydia Diamond — Jeremy Brett appointed director and president.St…
Peer review not the problem
Although I have not delved into the subtleties of the applied statistics vs. geostatistics debate, I wish to offer an emphatic response to the final paragraphs of Mr. J. Merks’s letter, which appeared…