Starfield advances Ferguson Lake (July 16, 2001)
Rankin Inlet, Nunavut — Recently cashed up and determined to expand resources at its Ferguson Lake copper/nickel/cobalt/platinum-group-metals property in Nunavut, Starfield Resources (SRU-V) is churn…
News
Juniors test waters in British Columbia
A recent change in government is fuelling optimism and a modest revival of exploration in British Columbia. Mining executives say the government’s promises to streamline permitting procedures and impr…
News – 16-JUL-01
Pessimism batters euro, bolsters dollar Currencies and confidence
A growing number of economists agree that the U.S. dollar is over-valued, but that hasn’t stopped investors from shunning the euro, which dipped to fresh seven-month lows last week after the European …
GOLD FUNDS (July 16, 2001)
Dundee Precious MetalsCentral FundNet Value$13.49$5.06Price$9.75$4.80Discount27.725.10Val…
Rock garden to open in Haileybury
A rock garden designed to illustrate Canada’s geological diversity will open this month in Haileybury, Ont.Haileybury Mayor Thomas Wells and local Member of Parliament Ben Serre will be on hand for th…
Exchange Rates (July 16, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJuly 10July 9July 6July 5July 4US$ in C$1.52111.52111.51981.5099…
Edwards mine hits a dry spell (July 16, 2001)
Low gold prices and dwindling reserves have put the kibosh on the Edwards gold mine in north-central Ontario, though River Gold Mines (RIV-T) says it may resume deep exploration once prices improve.In…
Freeport enjoys strong quarter
Denver — Improved ore grades and record throughput at the Grasberg copper-gold operation in Irian Jaya, Indonesia, should propel Freeport-McMoRan Copper & Gold (FCX-N) to a profitable second quarter….
Alcan celebrates centenary
Alcan is celebrating its centenary by donating the buildings where the first aluminium casting took place plus $1.1 million to La Cit de l’Energie, a non-profit corporation in Quebec, which has agree…
Wardrop assumes some BLM staff
Fifteen geotechnical specialists and engineers from now-defunct BLM Engineering have joined Wardrop, an engineering and consulting firm based in Toronto.Wardrop had completed several projects with Sud…
South Africa examines surface mining
The South African Institute of Mining & Metallurgy will host a conference on open-pit and surface mining, slated for Aug. 29, 2002, in Randburg.The conference is accepting abstracts on such topics as …