Sudbury: the need for feed
Large metal operations take on a life of their own in established mining camps. One result is that milling and smelting capacity create demand for near-term sources of ore.Certainly Sudbury has follow…
News
Afri-Can ups stake in Block J
Using proceeds from a private placement, Afri-Can Marine Minerals (afa-v) will renew sampling at the Block J marine diamond concession, 105 km north of Luderitz, Namibia.Block J extends 45 km northwar…
Aur shrivels in drier copper market
Faced with weaker copper prices and lighter sales volumes, Aur Resources (AUR-T) earned three times less in the recent second quarter than in the corresponding period of 2001.Net earnings topped US$2….
Northgate reduces hedge position, posts loss
Vancouver — After closing out a large portion of its hedge position, Northgate Exploration (NGX-T) took a one-time US$9.8-million hit during the second quarter and slipped further into the red.The co…
Past tough times weigh on Coeur (August 19, 2002)
Production, costs and prices were all headed in the right direction in the second quarter of 2002, but financial costs at Coeur d’Alene Mines (CDE-N) dealt the company a loss.For the three months ende…
News – 19-AUG-02
Asphalt and pork
A proposal that Prime Minister Jean Chrtien should show off his vision and make an indelible stamp on the country by launching a program to twin the main route of the Trans-Canada Highway, at a cost …
O’Connell named to Nfld chamber
Gerald O’Connell, former district manager of eastern Canada for Teck Cominco, has been appointed executive director of the Newfoundland and Labrador Chamber of Mineral Resources. He replaces Robert Ke…
GREATEST VALUE TRADED, AUGUST 7-13
ExchgVal($000s)HighLowCloseChangeAlcoa*N38326326.5024.1125.33+0.36…
Act needs changes
I might be accused of being paranoid in stating that British Columbia’s Mines Act and Mineral Exploration Code discriminate against prospectors, but I have come to this conclusion through my own exper…
Odds ‘n’ sods: Remembering Harry Morgan
For several years, I’ve written articles about the great and unusual people I’ve met in the mineral exploration and promotion business, but none impressed me more than the late Dr. J.H. (Harry) Morgan…
NAME CHANGES (August 19, 2002)
Dalmatian Resources (DTN-V) has changed its name to Enwest Ventures (ENN-V) on a 1-new-for-3-old-share basis.Gold Giant Minerals (GNR-V) has changed its name to Gold Giant Ventures…