Alcan closes Bracebridge plant
After 32 years, Alcan Aluminum has closed its cable-making plant in Bracebridge, Ont.Copper wire accounted for 70% of the plant’s output, and Alcan blames the closure on a continued slump in demand fo…
News
Hecla ups 2002 production targets
Continued operating success at the La Camorra gold mine in Venezuela and the San Sebastian silver mine in Mexico’s Durango state is allowing Hecla Mining (HL-N) to revise its production estimates for …
N. Dynasty tags new zones at Pebble
Large alteration halos associated with copper-gold porphyry deposits often host a wide array of mineralizing styles, and the 89-sq.-km Pebble system in southwestern Alaska is no exception: a 5,300-met…
Lac des les output rises
Operational improvements and higher throughput rates at the Lac des les palladium mine in northwestern Ontario are translating into more metal production for North American Palladium (PDL-TO).The mil…
Trans Hex weighs anchor at Marshall Fork
An internal dispute between Trans Hex Group of South Africa and Diamond Fields International (DFI-T) has ended their joint venture in Namibian coastal waters a little more than a year after it began.O…
Early signs of recovery
COMMENTARY/BC & YUKON CHAMBER OF MINESThe level of interest in mineral exploration in British Columbia has increased appreciably over the past several months, largely as a result of legislative and po…
Market mayhem crushes miners
U.S. markets were extremely volatile and bearish over the report period ended July 16, with the general media often using the term “bungee-jump” to describe the intra-day moves of the main market indi…
New forms of gold jewelry share spotlight
Two South African gold companies have entered separate offerings in the gold jewelry market, but for different reasons.AngloGold has teamed with American talk-show host Oprah Winfrey and Edgars, the c…
Markets go over cliff, headfirst
TORONTO STOCK EXCHANGEWhile there hasn’t yet been a screaming rush to the exits, stock markets saw heavy selling during the report period July 10-16. The Toronto Stock Exchange was no exception, with …
Cumberland starts new Meadowbank drilling (July 22, 2002)
Cumberland Resources (CBD-T) has started a second phase of drilling on its Meadowbank gold project in Nunavut, following an earlier program that outlined a new zone of mineralization.The new program, …
Correction (July 22, 2002)
The editorial in our July 15-21 issue was cut off without its last line. The last sentence should have read, “That means secure property rights and the enjoyment of income, resources or no resources.”
GFMS hosts seminar
Issues affecting the precious metals market will be discussed at a seminar hosted by Gold Fields Mineral Service on Sept. 24 at Trinity House in London.The event caters to mining executives, central b…