Copper, nickel gain strength
Prices for base metals on the London Metal Exchange (LME) showed divergent trends during the report period Sept. 18-22. Copper, nickel and lead recovered from weakness early on, to register strong clo…
News
Anglo American ‘moving in right direction’: analyst
Jack Jones, international mining analyst for CIBC World Markets, has rated Anglo American (AAUK-Q) the “best performing” major company in the London mining group. It’s also one of the fastest-growing …
Cumberland expands Vault
Cumberland Resources (CBD-T) reports that a second-phase, 17-hole drill program has expanded known mineralization at the Vault gold zone in Nunavut.The zone, situated 6 km northeast of the company’s 2…
MEETINGS (October 02, 2000)
Oct. 3 Camnor — annual, generalOct. 3 Savanna — annual, specialOct. 4 Altoro — extraordinaryOct. 4 GeoNova — annual, general, specialOct. 4 Winslow…
Metals
Aurora Platinum (ARP-V), formerly known as Golden Sitka Resources, plans to kick off a 14-hole diamond drilling program on its Midrim platinum-palladium property, 25 km east of the northern end of Lak…
Zambian waste turns Avmin into leader
Good things come to those who wait, but a little ingenuity goes a long way as well.Such is the philosophy adopted by Anglo Vaal Minerals (Avmin) at its Chambishi cobalt refinery, just a short drive fr…
Dia Met expands hunt
Since Monopros, the exploration arm of De Beers Consolidated Mines (DBRSY-Q), dropped most of its stake in the Victoria Island diamond play in Nunavut, Dia Met Minerals (DMM-T) has stepped in to pick …
EVENTS (October 02, 2000)
Oct. 6-19 Mechanized Excavation: The Next Decade Organizer: World Rock Boring Association, Sudbury, Ont. Tel: (705) 673-6572. Fax: (705) 673-6508. E-mail: bevans@nickel.laurentian.ca.
Queenstake taps anonymous investor
Queenstake Resources (QRL-T) has concluded an agreement with an anonymous benefactor for a financing worth $1.2 million, which should help the Denver-based junior advance the Magistral gold project in…
Falco to shut down cobalt shipments
Nickel producer Falconbridge, now in the eighth week of a strike at its operations in Sudbury, Ont., has declared force majeure on contracted shipments of cobalt to consumers.The declaration, which is…
Bougainville residents file suit against Rio Tinto
Residents of the island of Bougainville in Papua New Guinea have filed a class action suit in the U.S. against London-based Rio Tinto (RTP-N), alleging that the mining giant commited “ecocide” and “cr…
Symposium to focus on Arctic
The environmental impact of mine openings and closures will be a key theme of the sixth international symposium on Arctic mining, to be held in Nuuk, Greenland, from May 28-31, 2001.The event will als…