New era for Canada’s North Roads to resources
It has been talked about for decades, but until recently, plans to build a road connecting a mineral-rich portion of Canada’s North to a port on the Arctic coast haven’t left the drawing board. That m…
News
PEOPLE (August 27, 2001)
Black Bull — George Cooper appointed director.Candor — Terrence Fisher appointed chairman; Paul Chamois appointed president and director; Patrick Reid appointed secretary and director.Elkhorn Gol…
Broad market rebounds, resource stocks soar
Bolstered by an reinvigorated resource sector, the Toronto Stock Exchange 300 index gained a healthy 132.54 points over the five trading days ended Aug. 21, finishing at 7,472.98.The yellow metal had …
US got it right, B.C. left in lurch
Coincidental with the arrival of your Aug. 6-12 issue, which contains the editorial “United we fall,” I received in the mail a glossy brochure promoting the Clayoquot Sound United Nations Educational,…
Agnico-Eagle inaugurates Penna shaft
Rouyn-Noranda, Que. — Mine openings and expansions are increasingly rare events in this historic camp, so a few showers did not dampen the enthusiasm of more than 800 guests who gathered here to help…
Silver Standard hits high-grade silver
Vancouver — Junior Silver Standard Resources has cut a thick sequence of silver mineralization at its wholly owned Bowdens deposit in New South Wales, 200 km northwest of Sydney.The high-grade inters…
Breakwater dons survival gear as zinc sinks
Depressed metal prices are taking their toll on Breakwater Resources (BWR-T), with the zinc miner racking up $9.5 million in losses for the first six months of the year along with a drop in revenue to…
Partners shake on finance
Partners Boliden (BOL-T) and Swedish-listed North Atlantic Natural Resources, in which Boliden and South Atlantic Resources (SCQ-V) each own 38%, have agreed to a financing structure to bring the Stor…
Alan Coope
Alan Coope, founder of the Ottawa-based Association of Exploration Geochemists and former director of geochemistry for Newmont Mining, has died. He was 66.Coope received his doctorate degree in applie…
On-line procurer aims for 1 billion
Quadrem, the mining industry’s largest on-line procurement service, expects to rack up US$1 billion in transactions this year.Moreover, the company expects the value of transactions to escalate to US$…
Metal Prices (August 27, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateAugust 21August 20August 17August 16August…
MOST ACTIVE ISSUES, AUGUST 15-21
ExchgVol(000s)HighLowCloseChangeAlcoa*N 10919 38.50 36.05 37.40 + 0.49…