Polymet proceeds with pilot plant
Armed with $2 million from a recent financing, Polymet Mining (POM-V) intends to push ahead with construction of a pilot plant at the headquarters of Lakefield Research, near Peterborough, Ont. The pl…
News
Wayside undergoes operational audit
Shareholders have finally learned why trading in International Wayside Gold Mines (IWA-V) has been halted since May 11.Officials of the Canadian Ventures Exchange cite the need for an operational audi…
Partners outline 500,000-tonne resource at Mel deposit
Partners Inco (N-T) and Nuinsco Resources (NWI-T) have released a mineral resource estimate of 550,000 tonnes grading 1.69% nickel for the Mel deposit in what is considered to be a dislocated part of …
One world
Back in 1989, famed geologist Franc Joubin (1911-1997) signed a copy of his autobiography, Not for Gold Alone, which has become a cherished reference book in The Miner’s library. At the time, North Am…
Drilling reveals new zone at Hope Bay
Infill drilling at the Hope Bay gold project, in Nunavut, has discovered a new zone of mineralization for equal partners Miramar Mining (MAE-T) and Cambiex Exploration (CBX-T).Dubbed Stringer, the zon…
Market woes fail to spark gold
The overall market took a beating as the Dow Jones industrial average plunged 512.30 points, or 4.7%, during the report period ended May 23 to close at 10,422.27. The Nasdaq also continued its losing …
Queenstake tables study for Magistral
A feasibility study of the Magistral gold project in Mexico’s Sinaloa state indicates that the low-grade resource could be economically viable.”The potential of the project to demonstrate a robust rat…
Mining companies take on global warming
A pamphlet published by the Mining Association of Canada (MAC) singles out four major companies for taking action to address growing concerns over global warming.Many believe that the mining industry …
EVENTS (May 29, 2000)
May 29-June 2 PanCanadian Petroleum — “GeoCanada 2000.” University of Calgary, Calgary, Alta. Contact Jon Dudley. Tel: (403) 290-2000. Web site: 222.geocanada2000.comMay 31-June 1 Int’l Investment Co…
Production stops at Grasberg after fatal accident
Freeport-McMoRan Copper & Gold (FCX-N) has agreed to cut back on production at its 85%-held Grasberg copper-gold operation in Indonesia pending the investigation of a waste-pile accident that killed f…
Alcan helps save wartime ship
Alcan Aluminum has become the first corporate sponsor of a plan to save the St. Roch, a retired schooner of the Royal Canadian Mounted Police.The company and the vessel have an extended mutual history…
Taror prefeasibility nears completion
Depressed gold prices and lower production translated into a 1999 loss for Nelson Gold (NLG-T).Net losses totalled US$1.5 million on revenue of US$13 million, compared with US$66.64 million on US$18 m…