Noranda one for two
With more than 500 workers walking the picket lines at its Horne copper smelter in Rouyn-Noranda, Quebec, Noranda (…
News
EuroZinc gets
Vancouver — EuroZinc Mining (EZM-V) has inked a deal with Portuguese government-owned Exmin to acquire its 25% interest in the Malhadinha exploration concession. As a result, the Vancouver-listed jun…
Hope for Voisey’s Bay
The end of the soap opera over development of the Voisey’s Bay nickel deposit in Labrador is as welcome as it is overdue.The long deadlock between project owner Inco and the government of Newfoundland…
Bill should encourage investment
It’s hoped that the Mineral and Petroleum Resources Development Bill, under review in parliamentary committee hearings in South Africa, will be amended so that investment, jobs and empowerment prospec…
Horne employees walk out
Unionized employees at Noranda’s Horne copper smelter in Rouyn-Noranda, Que., walked off the job in mid-June.In late May, the smelter’s 510 employees voted in favour of a strike. The previous collecti…
Benchmark lowered, resource stocks end mixed
The Toronto Stock Exchange S&P/TSX composite index shed 71.29 points over the June 12-18 trading period to finish at 7,327.54.Gold rose US$2.30 in overseas trading to settle at a London morning fix of…
Producer and Dealer Prices (June 24, 2002)
Antimony: Mid-mkt US$1,360/t.Bismuth: Mid-mkt US$3.10/lb.Cadmium: Mid-mkt US$0.25/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$7.25-7.90/lb.Copper: Comex July US$0.7600/lb.Indium: Ind…
Daily Metal Prices (June 24, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJune 18June 17June 14June 13June 12Aluminium1344.50…
Gold Funds (June 24, 2002)
Dundee Precious MetalsCentral FundNet Value$23.86$5.96Price$16.60$6.37Discount30.436.9Val…
Hecla joins Great Basin at Ivanhoe (June 24, 2002)
Vancouver — Coeur d’Alene, Idaho-based Hecla Mining (HL-N) has teamed with Great Basin Gold (GBG-V) to advance the Ivanhoe property in Nevada’s Carlin trend.The partners will focus on the Clementine-…
Queensland hosts exhibition
The Queensland Mining & Engineering Exhibition will be held July 23-25 in Mackay, an Australian port town in the Bowen Basin.Participants who pre-register will receive a report listing the companies t…
Cyanide spill at Denton-Rawhide
Vancouver — The failure of a weld on a pipeline caused 40,000 gallons of dilute cyanide process solution to be spilled at the Denton-Rawhide gold mine in Nevada.The ruptured pipe was carrying process…