Pacific Minerals closes 9.2 million financing
Vancouver — Pacific Minerals (PMZ-V) has closed two private placement financings, totalling $9.2 million.The f…
News
The Big Bang
Also in the Maritimes, we see that fishermen are protesting against offshore seismic testing being done by a contractor for junior hydrocarbon explorer Corridor Resources.Corridor holds an offshore ex…
Kinross, Bema aim to restart Refugio
Mining at the Refugio heap-leach gold operation, near Copiapo, Chile, is set to resume.The mine is owned equally by Kinross Gold (K-T) and Bema Gold (BGO-T), with the former acting as operator. The mi…
Miner survives being buried alive at Stillwater
An underground miner was injured in an accident at the Stillwater mine in Montana.Robert Slone, 47, is in critical condition at a hospital in Billings after being buried in an ore pass following the c…
Gold online Down Under
The Australian Gold Council (AGC) has launched the first Australian gold investment web site, at www.australiangoldinvestment.comThe site is useful for anyone wanting information on investment…
Gov’t expands underground lab
The Canada Foundation for Innovation will invest $38.9 million in the expansion of a laboratory for underground science in Sudbury, Ont.The money will be used to transform the existing Sudbury Neutrin…
Fifty Years Ago / December 1953
Kluane Lake deposits biggerRecent drill results have caused officials at Hudson Bay Mining & Smelting to revise their estimate of the deposits being developed at Kluane Lake in the Yukon. They were in…
Ontario engineers salute Seeley
Ontario engineers have honoured Lawrence (Larry) Seeley for transforming Lakefield Research into one of the largest commercial metallurgical testing and research firms in the world.Seeley received the…
Head grades fall at Orvana’s Don Mario (December 15, 2003)
Junior Orvana Minerals (ORV-T) reports disappointing head grades at the Don Mario gold mine in eastern Bolivia.In October and November, the mine processed 40,230 tonnes of ore with a head grade of 5.3…
Cashin gets thumbs-up
An independent study has concluded that the Cashin copper deposit of Constellation Copper (CCU-T) could be economically mined by trucking run-of-mine ore to the nearby Lisbon Valley property in Utah.T…
New life for Lucky Friday
Hecla Mining (HL-N) will proceed with major underground development at its wholly owned Lucky Friday silver mine in northern Idaho’s Coeur d’Alene camp, ensuring that the struggling operation will rem…
Daily Metal Prices (December 15, 2003)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateDec. 9Dec. 8Dec. 5Dec. 4Dec. 3Al Alloy1426/1457…