NRCan to oversee rough diamond trade
Under proposed legislation before the House of Commons, Natural Resources Canada would become the Canadian authority for the import and export of rough diamonds, as part of the federal government’s pa…
News
Manhattan eyes financing (October 21, 2002)
Subject to regulatory approval, Manhattan Minerals (MAN-T) will privately raise $2.5 million for its Tambo Grande polymetallic project in Peru.An independent feasibility of the property is under way; …
Partners pursue copper bioleaching project
A Canadian industrial holdings group has joined the joint venture consisting of Canadian-Australian junior BacTech Enviromet (YBA-V), South African metallurgical researcher Mintek and Mexican mining h…
Markets stage stunning rally
The period ending Oct. 15 saw a dramatic surge in the broad U.S. markets, with both the Dow Jones Industrial Average and the S&P 500 index surging more than 10% to 8,255.68 and 881.27 points, respecti…
Producer and Dealer Prices (October 21, 2002)
Antimony: Recent trades US$3,200-3,300/t.Bismuth: Mid-mkt US$2.90/lb.Cadmium: Mid-mkt US$0.32/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.00-6.80/lb.Copper: Comex Dec US$0.6…
Canadian Stock Exchange Indices (October 21, 2002)
DateOct. 15Oct. 14Oct. 11Oct. 10Oct. 9HighLowTSX Composite6219.44Holiday5978.665812.855…
Exchange Rates (October 21, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateOct. 15Oct. 14Oct. 11Oct. 10Oct. 9US$ in C$1.5855Holiday1.58881.5…
Mapping in the Sonoma Range, 1939
In the summer of 1939, I boarded a bus for Nevada, where I had accepted a position as junior geologist in the metals branch of the United States Geological Survey (USGS) under D.F. Hewett.My first ass…
Expansion starts at Alouette smelter
The Alouette aluminum smelter complex in Sept-les, Que., is undergoing a $1.4-billion expansion.The refurbished plant is slated to cast the first aluminum ingot in February 2005. Annual production is…
SAGC to resurrect Pimenton mine
Hoping to return to the ranks of producers, South American Gold & Copper (SAG-T) will attempt to raise US$3.75 million to resume production at its Pimenton gold-copper mine in central Chile.Situated 1…
Boliden files suit against Spanish construction firm
Boliden’s Spanish subsidiary has filed a US$100-million lawsuit against Dragados y Construccines, a construction company, in connection with the failure of the tailings dam at Boliden’s Los Frailes m…
MOST ACTIVE ISSUES, OCTOBER 9-15
ExchgVol(000s)HighLowCloseChangeAlcoa*N2325421.8117.6221.65+3.14…