Human rights and mining
Human rights are increasingly important to mining operations, and yet the issue remains largely on the sidelines.
News
The Northern Miner Indices (August 23, 2004)
North American Mining: 99.16 (+1.02)…
Iamgold unveils its white knight (August 23, 2004)
South Africa’s
Sparton lucky at Luxi gold project in Yunnan province
Drilling by
Placer Dome adds to Cortez Hills discovery
Midway through a US$10-million exploration campaign at the Cortez gold mine in Nevada,
Diamond market showing gains
Owing to solid sales through the first half of 2004, the London-based Diamond Trading Co. is raising its prices of rough diamonds by an average of 5%, with most categories rising in line with the average.
VVC firms up Beaverbrook (August 23, 2004)
Grupo settles second dispute
Mexican copper giant Grupo Mexico has reached a settlement with union leaders at its massive Cananea mine in Sonora state.
Drilling suggests potential at Ulu (August 23, 2004)
Drilling by
Bolivia recreates ministry
To bolster confidence in its mineral resources sector, the Bolivian government is re-establishing its mines ministry as an independent body in government and giving the mines minister full status in the cabinet.
Takeover fight costs Iamgold
The costs of a failed merger plan with Wheaton River Minerals and a takeover fight with Golden Star Resources added up to corporate charges of US$5.7 million, which nearly wiped out second-quarter profits at
Spot Prices Wednesday, Aug 11, 2004 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)Change…