2004


The ore-processing facilities at the Zinkgruvan lead-zinc mine, 200 km southwest of Stockholm, Sweden. The mine is owned by Rio Tinto and Lundin Mining.

Lundin celebrates Swedish homecoming

Stockholm, Sweden — As a result of acquiring the Zinkgruvan mine in central Sweden from Rio Tinto (RTP-N), Vancouver-based Lundin Mining (LUN-T) is supplying lead and zinc concentrate to smelters in northern…


Tamerlane ambitious at Pine Point mine

Vancouver — The once-grand Pine Point mine, on the southern shore of Great Slave Lake in the Northwest Territories, is getting a test drive by Tamerlane Ventures (TAM-V), which is eying both existing and potential resources of…


StrataGold adds gold projects in Yukon

Vancouver — StrataGold (SGV-V) has struck a deal to acquire Sterlite Gold‘s (SGD-T) interest in the Dublin Gulch and Clear Creek gold projects, near Mayo, Y.T.


Financing triggers higher trading in Bema

The 7-day report period beginning Oct. 20 saw the price of gold rise US$8.15 to close at US$427.50 per oz. in the afternoon of Oct. 26 in London. During the week, gold hit a near 16-year peak; on Oct. 26, however, it fell $1.65. The gold index ro…


Metals bounce back

Despite a tough weekend, U.S. equity markets were little-changed over the report period Oct. 20-26. The Dow Jones Industrial Average was off 9.14 points at 9,888.48 and the S&P 500 rose 7.86 points to 1,111.09.


Cdn Arrow cuts nickel

Vancouver — Ongoing drilling by Canadian Arrow Mines (CRO-V) on its Alexo project, 45 km northeast of Timmins, Ont., has yielded further intercepts of high-grade nickel.


Dinner to benefit hospital

Organizers of this year’s “Mining for a Heart of Gold” benefit dinner hope to raise more than the $40,000 amassed in 2003. All funds raised by the event, slated for Nov. 10 in Toronto, will go to Peter’s Hospital at Chedoke in Hamilton, Ont., a 90…


Inco to go ahead with Goro (November 01, 2004)

Inco (N-T) will proceed with construction at the Goro nickel-laterite project in New Caledonia, following a review of estimates that put the capital cost of the project at just under US$1.9 billion.


Dynasty Gold makes splash in western China

Urumchi, China — Dynasty Gold (DYG-V) has amassed the largest land position of any foreign company exploring for minerals in western China. The Vancouver-based junior has properties in the Xinjiang Autonomous Region, Qinghai pr…


Nobody knows our Soros

The forthcoming presidential election in the United States crept up on us, not so much because we can’t read a calendar as because the year-long crawl to the first Tuesday in November seemed not to be going anywhere very fast.


Stoping methods

The following is an excerpt from the ninth edition of Mining Explained, published by The Northern Miner.


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