St Andrew drives Stock revival
St Andrew Goldfields (SAS-T) has begun dewatering underground workings at the past-producing Stock mine, near Timmins, Ont.During the fall, St Andrew drilled eight surface holes (4,026 metres) to conf…
News
Twenty-Five Years Ago / February 1979
Black pushes for rapid growthWithin two months of the entry of Toronto financier and industrialist Conrad Black and his brother, G. Montagu, to the board of directors of Hollinger Mines, the company a…
Unstable gold market to continue
Gold ended the week Jan. 19-23 on a soft note, after late selling took prices to a close of US$407.80 per oz. However, with the U.S. dollar firming further, supported by comments from U.S. Treasury Se…
Rio Tinto vs. AIDS
London-based Rio Tinto has developed and implemented a global HIV-AIDS strategy in response to the social and economic issues related to the life-threatening disease.About 40 million people worldwide …
Aker Kvaerner settles Tonopah dispute
Equatorial Mining, based in Sydney, Australia, will receive US$101 million from engineering firm Aker Kvaerner to resolve legal claims surrounding the failed Tonopah gold mine in Nevada. The settlemen…
Carlin workers to vote on new deal
A ratification vote is set for early February on a contract between Operating Engineers Union Local 3 and Denver-based Newmont Mining.The balloting will be held at the Elko Convention Center in Nevada…
Alcoa sells off can business
Alcoa has packaged part of its packaging equipment business and sold it to American Industrial Partners (AIP) for roughly US$45 million.The sale is part of the aluminum titan’s strategy of focusing on…
Producer and Dealer Prices (February 02, 2004)
Antimony: Mid-mkt US$2,600/t.Bismuth: Mid-mkt US$2.95/lb.Cadmium: Mid-mkt US$0.62/lb.Cobalt: Recent trades US$23-29/lb.Copper: Comex Mar. US$1.114/lb.Indium: Indium Corp., ingot, US$375/kg.Iridium: Mi…
Anglo eyes Cardero ground in Mexico
Vancouver — Cardero Resources (CDU-V) and its joint-venture partner, Anglo American (AAUK-Q), have identified several anomalies following an airborne geophysical survey over their 50,000-sq.-km Alisi…
Anooraq lines up PGM partner in South Africa
Anooraq Resources (ARQ-V) intends to merge its platinum group metal projects in South Africa with those of black empowerment company Pelawan Investments.In return for 91.2 million shares plus $1.7 mil…
Daily Metal Prices (February 02, 2004)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJan. 27Jan. 26Jan. 23Jan. 22Jan. 21Al Alloy1497/152…
Canadian Stock Exchange Indices (February 02, 2004)
DateJan. 27Jan. 26Jan. 23Jan. 22Jan. 21HighLowTSX Composite8588.15…