First Quantum tables Kansanshi report
An independent feasibility study has given First Quantum Minerals (FM-T) the green light to develop the Kansanshi copper deposit in Zambia.The study, prepared by GRDMinproc of Australia, concludes tha…
News
Sigma reopens
McWatters Mining’s (MWA-T) gold mill at the Sigma open-pit operations in Val d’Or, Que., has resumed commercial production. The mill began its ramp-up in late November, after capacity was boosted to 5…
Editorial Cartoon (February 24, 2003)
CAMESE releases compendium
The Canadian Association of Mining Equipment and Services for Export has released its seventh annual CAMESE Compendium of Canadian Mining Suppliers.The 164-page directory contains information on more …
Canico buys out Inco in Brazil
Vancouver — Canico Resource (CNI-V) has raised enough funds to acquire Inco’s (N-T) Ona-Puma nickel laterite project in Brazil’s Para state.Recent financings allowed the junior to fulfil its require…
Record output for Glamis
Vancouver — Glamis Gold (GLG-T) lowered costs while ramping up production in 2002.The Reno-based company made a profit of US$13.7 million (or US14 per share) for the year, compared to US$4.8 million…
Golden Star closes $51m financing (February 24, 2003)
Golden Star Resources (GSC-T) has completed an over-subscribed, bought-deal offering, raking in gross proceeds of $51 million.Led by brokers Canaccord Capital and BMO Nesbitt Burns, the private placem…
Gold Fields eyes Nunavut gold belt (February 24, 2003)
Vancouver — Gold Fields (GFI-N) has inked a deal with Committee Bay Resources (CBR-V) paving the way for the major to earn a 75% stake in a land package northeast of Baker Lake in Nunavut.The South A…
Taconite helps make raceway safer and faster
The full-throttle roar of engines and rowdy fans have not been heard since late October at the Brainerd International Raceway (BIR) in north-central Minnesota, but not all is silent. More than 600 ton…
Roundup’s success may mean good things Western sunrise
Last year and the year before, the Vancouver mining set’s annual January fixture, the Cordilleran Roundup, offered a sweet-scented promise of spring coming to the mining business. In 2001, there was h…
Glamis makes gains
A number of things separate Glamis Gold from its Vancouver counterparts. The first would have to be its “low-key” approach to doing business.The second relates to the fact that it showed a net profit …
Quality of gov’t material questioned
I recently attended the Cordilleran Exploration Roundup in Vancouver, B.C., where the Federal Department of Fisheries and Oceans (DFO) distributed inappropriate material.As Yukon and British Columbia …