Feds to assist Aboriginals at Voisey’s
The federal government will invest up to $150 million to help Aboriginals take advantage of opportunities created by the startup of the Voisey’s Bay nickel mine in northern Labrador. The money will go…
News
Sudbury Contact, JML hunt in Timiskaming
Ongoing geophysical surveys mark the return of Sudbury Contact Mines (SUD-T) to its Timiskaming diamond exploration project, an effort it suspended in 1996.Sudbury Contact is doing about 4,500 km of h…
Forum to offer Stillwater tours
The Ninth International Platinum Symposium, scheduled for July 21-25, in Billings, Mont., will feature field trips to the Stillwater mine.The first trip, prior to the symposium, will include an underg…
Proposed amendments could boost exploration in Manitoba
Amendments to the Mines and Minerals Act, being considered by the Manitoba legislature, would clarify regulations governing the minerals industry and provide stability of land tenure.One such amendmen…
Northern Miner Indices (June 17, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)BarrickABX-T21.9%CamecoCCO-T3.6%FalconbridgeFL-T4.7%Freeport BFCX.B-N5.7%GoldcorpG-T3.2%IncoN-T7.9%Meridian GoldMNG-T2.5%Newmont Minin…
Daily Metal Prices (June 17, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJune 11June 10June 7June 6June 5Aluminium1372/1394…
China to use 2m oz. silver in coins
China will issue a series of commemorative precious metals coins this year, including 21 types of silver coins, according to the People’s Bank of China.The commemorative coins, which also will be mint…
Gems featured in exhibit
An array of gemstones is on display at the Gemological Institute of America in Carlsbad, Calif.True to its title, Gems in Art: Art in Gems, the exhibit focuses on the ways gems can be used for artisti…
Koffiefontein mine goes platinum
The National Occupational Safety Association (NOSA) of South Africa has awarded five plantinum stars to De Beers’ Koffiefontein diamond mine, in the Free State.It is the highest rating a mine can rece…
Red Emerald busy at Midway
Vancouver — With the latest round of drilling confirming the gold mineralization previously cut in the Discovery zone, Red Emerald Resources (RED-V) is moving ahead with a scoping study on the Midway…
Correction (June 17, 2002)
The photo accompanying the story “Newmont unfazed by first-quarter loss” (T.N.M., May 27/02) carried the caption “Construction of the Sage mill in Nevada during the mid-1990s.”The photo printed in the…
Dumont nixes work at Attawapiskat
Dumont Nickel (DNI-V) has suspended exploration drilling on its 235-sq.-km land package in the Attawapiskat region of northern Ontario after failing to encounter any kimberlite in the first two target…