Weak currencies hamper Homestake
Denver — Weakening of the Australian and Canadian dollars relative to the greenback forced Homestake Mining (HM-N) to post a first-quarter loss of US$12 million (or 5 per share).The loss is attribut…
News
Apex Silver rehires at San Cristobal
Denver — At its San Cristobal silver-zinc project in Bolivia, Apex Silver Mines (SIL-X) has dumped the mining contractor Washington Group International in favour of Henry Walker Eltin of Australia.Th…
GREATEST VALUE TRADED, APRIL 25-MAY 1
ExchgVal($000s)HighLowCloseChangeAlcoa*N67663342.5039.2541.50+1.54…
Evaluating baseline studies
The costs associated with public consultation, community involvement, permitting, and environmental baseline studies are often perceived as major impediments to mine development, and much of this perc…
Producer and Dealer Prices (May 07, 2001)
Antimony: Mid-mkt US$1,245/t.Bismuth: Mid-mkt US$3.85/lb.Cadmium: Mid-mkt US$0.22/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$10.50-13.00/lb.Copper: Comex July US$0.784/lb.Indium: In…
LME Warehouse Levels (May 07, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, May 1/01 (change from April 24 in brackets):MetalStock (tonnes) ChangeAluminium455675…
Staff Investment Policy (May 07, 2001)
The Northern Miner does not permit any editorial employee to file stories about companies in which the writer owns shares. Editorial employees are also not permitted to take part in initial public off…
Manhattan rises to challenge at Tambo Grande
More and more, it seems that the toughest challenge for a mining company is not discovering a deposit but proving that it can be developed in a socially responsible and environmentally sustainable man…
Canadian technology selected for field trial
Toronto-based Krystal Bond’s technology to stabilize acid-generating mine tailings will be tested this spring at a site in Montana. The field trial will be monitored by the U.S. Mine Waste Technology …
MAP project going strong in South America
Somewhere in southwestern South America, geologists are putting together the pieces of a giant puzzle known as the Multinational Andean Project (MAP), an international map-making endeavour.The program…
Mine becomes tourist attraction
Golfers soon will be able to play a full 18 holes on a newly expanded course designed by Les Furber, one of the top course designers in the world. The expanded amenity is part of a multi-million-dolla…
Teck, Cominco to form mining giant
Vancouver — It seemed an odd pairing in 1986 when lean, entrepreneurial Teck (TEK-T) bought its initial stake in top-heavy, debt-ridden Cominco (CLT-T).Not anymore.Having shared management and corpor…