Placer Dome gives nod to Getchell project
Vancouver — Placer Dome (PDG-T) is preparing to start up the Turquoise Ridge gold mine, part of the Getchell project in northwestern Nevada’s Humboldt Cty.The daily milling rate is projected to be 1,…
2003
Ashton, Soquem unearth more kimberlite
With spring break-up fast approaching in the Otish Mountains region of north-central Quebec, Ashton Mining of Canada (ACA-T) and provincially owned Soquem have uncovered another small kimberlitic body…
Editorial Cartoon (April 21, 2003)
Mining town fails to sell in online auction
A 150-acre former mining town on Route 66 in southern California’s Mojave Desert failed to sell after a month-long auction on e-Bay, the online marketplace.Bidding on the town, known as Amboy, ended i…
Regulations stall California projects
Two new regulatory actions in California have placed the future of two gold mining projects in doubt.California’s Surface Mining and Reclamation Act has been amended to force mine operators to backfil…
Falco charged over effluent
Falconbridge’s (FL-T) Kidd Creek operation has been charged with one count of allegedly discharging concentrations of zinc and copper effluent into Three Nations Creek, a water course near Timmins, On…
Cameco swept away by McArthur River flood
Cameco was the biggest newsmaker over the April 9-15 report period, announcing a possible suspension to production at the McArthur River mine in Saskatchewan. A shutdown translates into $4-5 million a…
Northern Orion dilutes self for Alumbrera purchase
Northern Orion Explorations (NNO-T) is cranking up the printing press to fund its partial acquisition of the Bajo de la Alumbrera gold-copper mine in Argentina.The Vancouver-based junior recently team…
Barrick’s Oliphant receives sweet sendoff
Dry any tears you may have shed for Randall Oliphant, unceremoniously dumped in February from his position as president and CEO of Barrick Gold.While that move was widely viewed as Oliphant’s punishme…
Peru grants extension to Manhattan Minerals
Vancouver — The Peruvian government has granted Manhattan Minerals (MAN-T) a one-year extension to its option agreement over the Tambo Grande concessions.The deal gives the company until May 31, 2004…
Better ways than Kyoto
The Kyoto Accord is not the best way to fight global warming, says renowned Danish scientist Bjorn Lomborg, who spoke at the annual convention of the Prospectors & Developers Association of Canada, he…
Junior exchange continues bearish trend (April 21, 2003)
Vancouver — Canada’s junior exchange drifted lower during the lacklustre report period ended April 15. The S&P-TSX Venture Exchange composite index fell 3.78 points, or 0.36% of its value, to close a…