Tiomin gets the nod at Kwale
After years of review, Kenya’s Mining and Prospecting Licensing Committee has approved a 16-year Special Mining Lea…
News
Partners boost Maverick Springs
Vancouver A 7,020 ft. drill program by partners Silver Standard Resources (SSO-V) and Colorado-based Vista Gold (…
Noranda puts Perseverance on hold
With zinc prices foundering in the US33-36-per-lb. range, Noranda (NRD-T) has decided to postpone development of t…
Alcoa injects $1 billion in to Baie-Comeau smelter
Alcoa (AA-N) has tabled plans for a $1-billion investment in its smelter at Baie-Comeau, Quebec. Under a deal w…
Editorial Cartoon (December 16, 2002)
Voisey’s Bay back on track
Inco (N-T) says its recent decision to delay work on the giant Goro nickel laterite project in New Caledonia, owing to cost overruns, is not expected to affect the schedule for developing the Voisey’s…
The Northern Miner — North American Mining Index (December 16, 2002)
69.59 (-0.02)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (December 16, 2002)
78.27 (+8.24)(Sept. 30/98 = 100)…
Intertech Minerals
Intertech Minerals (IML-V) has changed its name to Mantle Minerals (MIN-V) on a 1-new-for-8-old-share basis.
Correction (December 16, 2002)
A recent insider trading report should have stated that Michael Terrel, director of St. Jude Resources (SJD-V), bought 23,000 shares directly at 65-80 apiece and 525,145 shares indirectly and private…
Aluminum subdued as tin trends upward
The following was culled from Barclays Capital’s monthly report The Commodity Refiner:AluminumThree-month aluminum prices managed to trade 4.2% higher during October and another 3% firmer by mid-Novem…
Drill results keep Cdn. Royalties keen at Mesamax
Vancouver — Canadian Royalties (CZZ-V) has tabled encouraging assay results for 11 additional holes drilled on its Mesamax prospect in northern Quebec.Mesamax is part of the Expo-Ungava property, whi…