News

Kisladag resource base increases

A scoping study on Eldorado Gold’s (ELD-T) Kisladag porphyry gold deposit in west-central Turkey has increased the resource in the proposed open pit to 79.1 million tonnes grading 1.33 grams gold per …


The truth about Hope Bay

With reference to Barry Smee’s interesting letter on the history of Hope Bay area of Nunavut (T.N.M., July 10-16/00), I feel it’s important to set the record straight.The initial efforts by Roberts Mi…


Noril’sk eyes large PGM deposit

By this time next year, Russian mining and smelting giant Noril’sk Nickel plans to start the commercial development of the MS-Gorizont low-sulphide platinum group metals (PGM) deposit in the Taimyr Pe…


Agnico-Eagle posts losses

When gold prices are high, Agnico-Eagle Mines (AGE-T) soars likes an eagle. But when prices are low, the unhedged producer is more earthbound than its peers and invariably pays the piper in red ink.Th…


Safety Society honours its own

Ben Sheppard, who presides over Ben W. Sheppard & Associates in Hayden Lake, Idaho, has won the Safety Professional of the Decade Award. The honour was bestowed on him by the International Society of …


KEGS distributes five scholarships

The Canadian Exploration Geophysical Society (KEGS) has awarded its first five scholarships to undergraduate students enrolled in geophysics at various universities.The scholarship program is part of …




Metal Prices (July 31, 2000)

BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJuly 25July 24July 21July 20…



TSE Shorts (July 31, 2000)

Short positions outstanding at July 15, 2000Larger individual positions include: Abitibi-Consolidated 1,144,461 up 530,935; Alcan Aluminium 742,357 up 359,552; Barrick Gold 4,879,235 up 416,…


Tips for Day

We can’t help feeling a bit sorry for Stockwell Day, the newly elected leader of the Canadian Alliance, formerly known as Reform. For our American readers, Day is a charismatic version of George W. Bu…


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