Claude expands discovery at Seabee
Small-but-steady about sums up the production history of Claude Resources’ (CRJ-T) Seabee gold mine in northern Saskatchewan.In continuous production since 1991, the underground mine has produced an a…
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EVENTS (May 22, 2000)
May 24-25 Cobalt Development Institute — “Cobalt Conference 2000.” Hotel Okura, Tokyo, Japan. Tel: +44 1483 578877. Fax: +44 1483 573873.E-mail: 101637.2106@compuserve.comMay 29-June 2 PanCanadian Pe…
Exall sinks into the red
Depressed prices and lower output translated into a 1999 loss for Exall Resources (EXL-T).Exall reported a loss of $1.1 million (or 4 per share) on revenue of $20.5 million, compared with earnings of…
Alcan closes Koralu deal
Alcan Aluminum has completed its acquisition of Aluminium of Korea (Koralu).The price tag was US$200 million in cash, with the understanding that Alcan will assume Koralu’s US$95-million debt.Koralu w…
BC rewards safety records
British Columbia Mines Minister Dan Miller recently presented safety awards to 16 mines at the 38th annual Safety Awards Banquet, held in Vancouver during Mining Week.For the second consecutive year, …
Nickel springs back as Inco strike nears
The May 10-16 report ended with a shadow being cast over the nickel market after workers at Inco’s Sudbury workers voted overwhelmingly in favour of a strike mandate.On May 16, union members handed th…
REGULAR DEPARTMENTS (May 22, 2000)
Careers6Classified15Editorial4Investment Commentary10Metal Prices9New Horizons4Odds ‘N’ Sods4Professional Directory11-13Stock Tables7-9Subscription Services15…
Aber unveils bankable study
Canada’s fledgling diamond industry took another step forward with the release of a bankable feasibility study for the Diavik project in the Lac de Gras region of the Northwest Territories.The study s…
Partners extend hinge at Hope Bay
Drilling by equal partners Cambiex Exploration (CBX-T) and Miramar Mining (MAE-T) at their Hope Bay gold project in northwestern Nunavut has doubled to 300 metres the strike length of the Hinge zone, …
LaRonde mine to have deepest shaft
In early March, MacIsaac Mining & Tunneling blasted the last bench in the No. 3 shaft at the LaRonde gold mine, owned by Agnico-Eagle Mines in northern Quebec. At 2,259 metres (7,380 ft.), it is now t…
Budget gives boost to mining
The Ontario Mining Association (OMA) is singing the praises of Premier Mike Harris and Finance Minister Ernie Eves for giving a boost to mining in their recently tabled provincial budget.The governmen…
GREATEST VALUE TRADED, May 3-9
At press time, the figures for the Greatest Value Tradedfor the week of May 3rd to 9th were not available.We apologize for the inconvenience.