Francisco leaves Goldcorp
Other endeavours are calling Rolando Francisco, who has resigned as president of Goldcorp (G-T).Francisco, who had served as president of the company since 1997, will be replaced pro tem by Goldcorp’s…
News
MINING MARKETS & INVESTMENT NEWS — U.S. MARKETS — Low gold pulls down producers
The Dow Jones industrial average climbed 126.64 points (1.2%) to reach 10,721.63 over the report period ended June 22. But the continued strength of the American economy did nothing to stop gold’s sli…
Yamana tests silver ‘pockets’ at Martha
As its share price begins to drift back to normal levels, Yamana Resources (YRI-T) is encountering more bonanza-grade silver intersections at its Bacon property in southern Argentina.During the final …
Cominco banks on success of Red Dog
As the latest operating figures show, the Red Dog zinc-lead-silver mine in northwestern Alaska continues to add considerable value to Cominco’s (CLT-T) bottom line.Between the recent first quarter and…
BASE METALS — Boliden shows off revamped Myra Falls
The Myra Falls zinc-copper mine is back on track following a 3-month shutdown that allowed for a US$10-million rehabilitation program.Situated in mountainous Strathcona Provincial Park, the mine is ne…
BASE METALS — Nickel industry reaches evolutionary milestone
Special to The Northern MinerThe nickel industry reached an evolutionary milestone recently when the Cawse mine in Western Australia became the first of a new generation of low-cost laterite deposits …
BASE METALS — Lewis Brooks resumes work
Junior Lewis Brooks Resources (LBRL-C) has begun drilling at the Lewis Brook base metal property in New Brunswick.The program, to consist of four or five holes over 600 metres, will test areas where g…
Skyline pulls out of Snip extension
International Skyline Gold (SK-V) has backed away from its attempts to establish a link between the Snip mine of Homestake Mining (HM-N) and its own High claims. The properties are in northern British…
SouthernEra tests Camafuca pipe in Angola
Results from a 1998 drill campaign at the Camafuca diamond property in Angola’s Lunda Norte province suggest that the kimberlite may be richer than previously thought.SouthernEra Resources (SUF-T), wh…
BASE METALS — NAME CHANGE
Trojan Ventures (TJV-V) has changed its name to Alcanta International (AOE-V) on a 1-new-for-5-old-share basis.
BASE METALS — Niobium projects jostle for potential market share — Teck, Cambior study expansion of Niobec mine in northwestern Quebec
Three developments in the niche niobium-mining industry could significantly boost world supplies of the metal in coming years.In Canada, equal partners Teck (TEK-T) and Cambior (CBJ-T) are preparing a…
Can the smaller gold producers survive?
The following is the first of a 2-part overview of how junior and mid-tier gold mining companies are coping in today’s low-price environment.Not since the gold bubble of the early 1980s has the London…