Placer Dome unveils value-creation strategy
Low prices have forced most gold companies to focus on their bottom line rather than on top-line growth, and Placer Dome (PDG-T) is no exception. Although this strategy produced record revenue of US$1…
News
Noranda dragged down by Falco
Noranda (NOR-T) saw its earnings chopped 65% in the first quarter, largely as a result of labour problems in Sudbury, Ont., and slumping metal prices.The major posted a profit of $24 million (8 per s…
Environmental imperialism
United Nations agencies, non-government organizations (NGOS) and environmental non-government organizations (ENGOs) can’t be faulted for wanting to preserve rapidly disappearing wilderness. After all,…
News – 07-MAY-01
Inco to replace Port Colborne soil
Following administrative action by the Ontario Ministry of the Environment (MOE), Inco (N-T) has launched a program to replace nickel-contaminated soils on residential properties near its old refinery…
Odds ‘n’ Sods: Remembering the ‘Queen Bee’ Viola MacMillan
The timing of my first column in a new, intermittent series examining mining personalities and major discoveries is auspicious for several reasons. From the Ground Up, the authorized biography of Viol…
PEOPLE (May 07, 2001)
Canspar — Stuart Lee appointed interim CEO.Niko Resources — William Hornaday appointed VP of operations.
The Northern Miner — North American Mining Index (May 07, 2001)
76.30 (+3.81)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (May 07, 2001)
49.76 (+1.86)(Sept. 30/98 = 100)…
Franco has banner year
For a company whose principal assets are unhedged gold royalties, Franco Nevada Mining (FN-T) had an unusually good year ended March 31.The Toronto-based royalty company turned a $113.4-million profit…
Majors option Tucum target
Majors Teck (TEK-T) and Inco (N-T) will jointly explore the Tucum iron-oxide copper-gold project in north-central Brazil.The pair can earn an initial combined 51% interest in the property from Brasilc…
MK Gold enters permitting stage at Las Cruces
With grades averaging 5.94% copper, there isn’t much doubt about the economics of Las Cruces, a copper project being developed by MK Gold (MKAU-O) in Spain’s Iberian Pyrite belt. But with memories of …