The recent slump in metals demand is taking a heavy toll on mining companies, and with Western politicians conceding that their economies may take longer to recover than expected, producers are hunker…
The beleaguered Mount Polley mine in central British Columbia will close its doors in late September because of continuing low copper and gold prices.Imperial Metals (IPM-T) is suspending operations, …
Thunder Bay, Ont. — Unique by virtue of the metal it produces, Canada’s only primary palladium mine is now among the few operations to expand production when most are struggling just to survive.North…
Vancouver — Drilling has increased, by 5.6 million tonnes, the inferred resource at the Ferguson Lake nickel/copper/cobalt/ platinum-group-metal project in Nunavut.Starfield Resources (SRU-V) reports…
73.06 (-0.88)(Sept. 30/98 = 100)…
Mirabel Resources (RMB-M) is operator of the Montauban project in Quebec which consists of 83 claims, 50 km northeast of Trois-Rivieres.An earlier story (T.N.M., July 16/01) stated that 28 of the clai…
Vancouver — Junior Tiberon Minerals (TBR-V) continues to report solid drill results from its Nui Phao polymetallic project in Vietnam.The ongoing program is outlining the grade, width and continuity …
P&H MinePro Services has been made a member of the Co-operative Research Centre for Mining Technology and Equipment (CMTE). Both are based in Brisbane, Australia.The CMTE, established under the Austra…
Noranda has filed an environmental impact assessment for its proposed US$2.78-billion aluminum and hydroelectric power project 650 km south of Santiago, Chile.The EIA for the Alumysa project cost more…
Causing more sighs than cheers, the Toronto Stock Exchange 300 index sank 116.32 points over the holiday-shortened period Aug. 29-Sept. 4. The broad market ended the period at 7,462.03, for a loss of …
Denver — Growing market pessimism pushed the Dow Jones industrial average below the 10,000 mark, down 224.54 points, or 2.2%, to 9997.49 points during the report period ended Sept. 4. The Nasdaq drop…
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