Sides meet to avert strike
South African mining firms and the National Union of Mineworkers (NUM) met on Tuesday with the goal of averting a s…
News
Trading Summary (July 24, 2001)
More earnings woes from tech stocks south of the border sent shares of Nortel Networks to a new 52-week low on Tues…
APP hits 6 million oz.
Vancouver — The results from a 25,700-metre drill program has prompted South African-based Gold Fields (GOLD-Q) an…
Drills keep turning at Phouc Son
Vancouver — The latest drill results from the Bai Go portion of the Phuoc Son gold property in Vietnam have expand…
Inmet profitable in second quarter
Better operating results and poorer metal prices combined to keep Inmet Mining’s (IMN-T) second-quarter earnings ro…
PCS plans $70-million expansion
Potash Corp. of Saskatchewan (POT-T), the world’s leading producer of fertilizer, plans to spend $70 million to exp…
More than 100 feared dead in mine blast
The death toll is 16 people at an illegally operated coal mine in China’s southeastern province of Jiangsu. An expl…
Expo-Ungava yields more PGM
Having taken another look at some assay pulps from four holes collared by a previous operator on the Expo-Ungava co…
Trading Summary (July 23, 2001)
The oil and gas sector stood out from the pack, gaining 115.77 points, or 1.4%, helping to soften the blow of wider…
New kimberlite found on Rockinghorse
Drilling by Kennecott Canada Exploration on Tahera’s (TAH-T) Rockinghorse property in Nunavut has uncovered a new kimberlite body.The so-called Anuri kimberlite was discovered near the head of the pro…
King drilling advances in Far North
Vancouver — Diamondex Resources (DSP-V) is stepping up the pace of exploration at its wholly owned King property in the Northwest Territories.The junior is drilling holes 4 and 5 as part of a $2.7-mi…
Falling Metal Prices crush Falco’s earnings
Slumping nickel, copper and zinc prices more than halved Falconbridge’s (FL-T) earnings during the three months ended June 30.The company posted earnings of $55.8 million (or 30 per share) for the th…