News

Chile to levy charge on mining companies

Chile will impose a charge on mining companies operating there in an effort to ensure that the country receives more benefits from its mineral wealth. The charge will be tied to companies’ sales and take into account their profits.


Gold could move higher

Economic and political instability could push gold to US$450 per oz. this year, according to a survey by London-based Gold Fields Mineral Services (GFMS).


US mining laws among most stringent

I am disappointed that your editorial staff would let slip a statement continuing the fallacious concept that U.S. mining law has remained unchanged for over a century (T.N.M., April 2-8/04).


People (April 26, 2004)

Adrian Resources — Dale McClanaghan and Michael Levy appointed to board; R. S. Angus, Chet Idziszek, J.G. Stewart, and Edward Thompson resigned as directors.


Aquiline tests Nelson system

Aquiline Resources (aqi-v) is encouraged by results from the first five holes drilled on the Nelson vein system, part of the Calcatreu gold-silver property in Argentina.


Falco’s earnings soar in Q1

Higher metal prices more than offset the effects of a 3-week strike at Falconbridge’s (FL-T) Sudbury operations and helped it post a nearly five-fold increase in earnings during the first quarter.


Anooraq hits PGMs at Drenthe

Vancouver — Initial results from drilling of the Drenthe platinum-palladium-gold-nickel deposit in South Africa are encouraging for Anooraq Resources (ARQ-T).




Drilling trends

Drilling is essential to exploration and mining, as it is the only way to investigate an anomaly fully and delineate and define a deposit.


Mary-Claire Ward

Mary-Claire Ward, a director of the Prospectors & Developers Association of Canada and chairman of mining consulting firm Watts Griffis & McOuat, has died after a lengthy battle with cancer.



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