Regulations stall California projects
Two new regulatory actions in California have placed the future of two gold mining projects in doubt.California’s Surface Mining and Reclamation Act has been amended to force mine operators to backfil…
News
Barrick’s Oliphant receives sweet sendoff
Dry any tears you may have shed for Randall Oliphant, unceremoniously dumped in February from his position as president and CEO of Barrick Gold.While that move was widely viewed as Oliphant’s punishme…
Obituary: Paul Grieco
Paul Grieco, the gregarious entrepreneur who launched PR Engineering in Oshawa, Ont., has died. He was 92.Grieco was general manager of the mining division of Scarborough, Ont.-based John Inglis Co. w…
NovaGold, Placer boost Donlin Creek
Vancouver — Partners NovaGold Resources (NRI-T) and Placer Dome (PDG-T) have increased the measured and indicated resources at the Donlin Creek deposit in Alaska.The deposit, in which NovaGold has a …
Busy week for base metals
The base metal miners took the spotlight away from the golds during the report period ended April 15.BHP Billiton rose 20 to US$11.56 as it launched a 10-year, US$850-million global bond, part of whi…
Falco charged over effluent
Falconbridge’s (FL-T) Kidd Creek operation has been charged with one count of allegedly discharging concentrations of zinc and copper effluent into Three Nations Creek, a water course near Timmins, On…
Better ways than Kyoto
The Kyoto Accord is not the best way to fight global warming, says renowned Danish scientist Bjorn Lomborg, who spoke at the annual convention of the Prospectors & Developers Association of Canada, he…
Trading Summary (April 17, 2003)
A mixed day for world markets on Thursday still came out well for the Toronto Stock Exchange. The TSX Composite ind…
Higher gold prices boost Freeport
Vancouver The first quarter of 2003 proved to be a good one for the operator of the World’s largest copper-gold m…
SKN Resources inks deal for more ground in China
Vancouver — SKN Resources (SRL-V) has entered into an agreement with the Regional Geological Survey Team of HGMR c…
Omai resumes milling as roadblock lifted
The Omai mine in north-central Guyana has returned to production following a week-long shutdown caused by local pro…
Trading Summary (April 16, 2003)
Wednesday saw the Toronto Stock Exchange, and most other world stock markets, give back part of the gains of the la…