Doing better by living better
In this country, the direction of the prevailing wind from the politically and socially powerful can always be read from the headlines of the Globe and Mail, and in environmental matters this is no di…
News
Manhattan hits hot hole on B-5 target
Manhattan Minerals (MAN-T) has intersected a new high-grade copper zone at its Tambo Grande project in northern Peru.Hole 8, drilled on the B5 target, intersected a zone that assayed 4.6% copper and 1…
Diavik assessment marred by conflict
The environmental assessment and approval process for the Diavik diamond mine illustrates the conflict created by mining developments in impoverished yet relatively undisturbed, ecologically fragile r…
Freeport signs agreement with locals in Indonesia
The Indonesian mining unit of Freeport-McMoRan Copper & Gold (FCX-N) has taken additional steps to resolve social and environmental issues at the vast Grasberg copper-gold mine in Irian Jaya.The compa…
Bald Mountain study shows uses of baseline data
The public often reacts to proposed mining development as though it will degrade and pollute a pristine wilderness, but anyone capable of a little geochemical reflection knows that mineral deposits ca…
Metal Prices (September 11, 2000)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateSept. 5Sept. 4Sep. 1Aug. 31…
Consolidation momentum builds
Early last summer, John Lydall of National Bank Financial predicted that the burgeoning consolidation binge taking place in the global mining industry would continue with more deals, mergers and acqui…
Union says no to Falco
The 5-week strike at Falconbridge’s Sudbury operations is showing no signs of ending.The union was presented with an amended offer on the Labour Day weekend, but on Sept. 5, the union’s leaders unanim…
News – 11-SEP-00
Miners shine over long weekend
For the holiday-shortened week ended Sept. 5, the Dow Jones industrial average rose 45.51 points, or 0.4%, to close at 11,260.61 in light trading.Mining issues enjoyed gains as gold climbed back after…
Northern Miner Indices (September 11, 2000)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T22.7ComincoCLT-T3.8FalconbridgeFL-T7.0Franco-Nevada MiningFN-T5.8Freeport McMoR…
South Malartic picks up Nevada gold property
With an active exploration program at the Croinor gold prospect in northwestern Quebec, South Malartic Exploration (MSU-M) has looked to Nevada for another property acquisition in the Battle Mountain …