Villagers approve resettlement plan
From a distance, the village of Rosia Montana in Romania’s Transylvanian Mountains epitomizes the pastoral tranquillity of rural Europe. A closer inspection reveals the scars of a repressive political…
News
Gold Funds (May 07, 2001)
Gold Funds as of April 26, 2001Dundee PreciousCentralMetalsFundNet Value$12.53$5.22Price$8.
Cheviot coal mine plan gets government approval
Vancouver — Five years after submiting an environmental impact asssessment, Luscar and joint-venture partner CONSOL Energy Canada have obtained government approval for their Cheviot coal mine project…
Canyon reaches reclamation agreement
Denver — Canyon Resources (CAU-X) has reached an agreement with the Montana Department of Environmental Quality (DEQ) for the final reclamation of the Kendall mine, near Lewistown.The company, throug…
Weak copper price dents Aur profits
Copper producer Aur Resources (AUR-T) watched its profits slip 34% during the first quarter, despite having its cash flow revved up by the acquisition, last November, of the Quebrada Blanca mine in Ch…
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…
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…