US Supreme Court sides with coal miners
The U.S. Supreme Court recently refused to consider if the U.S. government improperly loosened rules for underground coal mining operations. Environmental groups had argued that 3,500 acres of nationa…
News
Dentonia acquires Atkinson gold project
A newly acquired land package in Ontario’s Abitibi greenstone belt should provide plenty of exploration targets for Dentonia Resources (DTA-V).In early February, the company received regulatory approv…
AIDS affects growing number of South African miners
A survey shows that 18% of South African miners are infected with HIV-AIDS.The survey was conducted among workers at 26 South African mining and manufacturing companies, and 18 other companies based e…
Orvana in the black
Orvana Minerals (ORV-T) made a modest profit during the latest quarter of production at the Don Mario gold mine in eastern Bolivia.The mine entered production at the rate of 700 tonnes per day in July…
Venture Exchange eases back after gains
Stocks on the TSX Venture Exchange slumped in the last two trading days of the reporting period Feb. 18-24, leaving the S&P-TSX Venture composite index at 1,863.61 points, down 67.90 points or 3.5% of…
Finding a little energy
Take a walk around and it’s not hard to find someone that’s aware of the big change in the gold market; over the last three years gold has rebounded off a low of US$255.95 per oz. and the general publ…
De Beers sees Canada as shining light
Overall, 2003 proved to be a good year for the De Beers group of companies and the diamond industry as a whole.Rough diamond sales of US$5.52 billion by the Diamond Trading Co. (DTC), De Beers’ market…
Another stellar year for Goldcorp (March 01, 2004)
The rich Red Lake gold mine in northwestern Ontario bestowed its blessings on Goldcorp (G-T) for another year, generating record profits and yielding another million ounces of resources.The company’s …
Coeur makes hay while silver shines
Improved silver prices and a major restructuring program have put Coeur d’Alene Mines (CDE-N) in a position to advance two new mine projects to the feasibility stage.If all goes as planned, Coeur will…
Mirabel to acquire Rocmec
Montreal-based junior explorer Mirabel Resources (RMB-V) plans to acquire privately owned Rocmec International.The two originally teamed to develop and exploit Rocmec’s thermal fragmentation technique…
LME Warehouse Levels (March 01, 2004)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb. 24 (change from Feb. 17 in brackets):Aluminium1392875(-11500)Aluminium Alloy64840…
Gulf board pays fee to ousted president (March 01, 2004)
The board of Gulf International Minerals (GIM-T) plans to appoint a committee of independent directors to investigate a controversy involving its former president, Alastair Ralston-Saul.The company’s …