GQ surrenders more diamonds
Six of seven heterolithic breccia outcrops on Band-Ore Resources’ (BAN-T) GQ property, near Wawa, Ont., have return…
News
Thistle posts record month
With reserves freshly boosted at its President Steyn gold mining operations in South Africa, Thistle Mining (THT-T)…
Trading Summary (November 04, 2002)
The Toronto Stock Exchange followed most of the world’s other bourses higher on Monday, with the S&P TSX Composite…
BHP opts out of Tabletop
Vancouver – Disappointing drill results from a 658 metre drill program has prompted BHP Billiton (BHP-N) to stop wo…
Olympus active in Vietnam
Vancouver – Despite cutting encouraging gold values during a newly completed 2,300 metre drill program at the Khe R…
McWatters to restart Sigma mill soon
Having recently suspended operations at its Kiena underground mine in Val d’Or, Que., McWatters Mining (MWA-T) is l…
Smooth sailing as Ekati celebrates fourth year
The Ekati mine in the Northwest Territories is celebrating its fourth anniversary on a note of considerable achievement: production of more than US$1.6 billion worth of diamonds to date.Ekati was brou…
Asarco ponders Mission closure
Vancouver — Asarco, the U.S. subsidiary of Grupo Mexico, is considering closing its Mission copper mine is southern Arizona.The announcement, prompted by high production costs and low copper prices, …
More output, fewer workers
Mineral production is increasing as mining employment steadily declines, according to a report produced by the United Nations’ International Labour Office (ILO) in Geneva. The report points out that m…
PEOPLE (November 04, 2002)
Gammon Lake — Rodolfo Nieblas Castro appointed director.Patricia — Eric Kallio appointed VP exploration.Radisson — Dale Hendrick and Donald Lacasse appointed directors.Robe…
Higher prices spell profit for Inmet
Higher metal prices and a strong performance by the Pyhasalmi copper-zinc mine in Finland propelled Inmet Mining (IMN-T) to a profit in the third quarter.The company earned $3.7 million (or 7 per sha…
LME Warehouse Levels (November 04, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Oct. 29 (change from Oct. 22 in brackets):MetalStock (tonnes)ChangeAluminium1273975(-…