News


Peter Dimmell

Dimmell new PDAC president

Former Noranda geologist Peter Dimmell is the new president of the Prospectors & Developers Association of Canada.


Scholarship to honour Ward

A scholarship in memory of geologist Marie-Claire Ward will be presented to a student enrolled in a master’s or doctoral program in geology at a Canadian university.


Export gains in Peru

Surging metal prices and higher demand from China caused the value of Peru’s mining exports to rise to US$1.51 billion in the first quarter, representing a 52.3% increase over the comparable period in 2003.




Diavik ahead of design capacity

Although grades are being hampered by the processing of mud-rich kimberlite material surrounding the A-154 South orebody, the Diavik mine in the Northwest Territories is operating at levels comfortably ahead of design capacity rates of 1.5 million…




Stocks weather unsettled market

U.S. markets were lifted and lowered by interest rate speculation and international tension, but finished the reporting period May 11-18 little changed. The S&P 500 index was off 3.96 points at 1,091.49, while the Dow Jones Industrial Average was…



A week of highs and lows

The week of May 12-May 18 saw a lot of ups and downs on the Toronto Stock Exchange. The spot price for gold in London on the afternoon of May 18 closed at US$377.70 per oz., up US$2.45 from the previous week. The S&P-TSX composite index closed on…


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