Reno hosts geostats course
The advanced use of geostatistics in the evaluation of ore reserves will be taught in a 5-day course in Reno, Nev.The event, which runs from Sept. 23-37, is expected to address several topics, includi…
News
Hospital to be almost germ-free
The City of Hope National Medical Center in Los Angeles is building a hospital with the largest capacity for bone marrow transplantation in the U.S. and will use silver in its ductwork to keep the fac…
Explosive firms merge
Dyno Nobel of Oslo, Norway, will acquire the explosives division of Ensign-Bickford Co., a subsidiary of Connecticut-based Ensign-Bickford Industries.Under the deal, Ensign-Bickford will surrender mos…
Disputada legal dispute heats up (September 02, 2002)
Vancouver — U.S. oil giant ExxonMobil (XOM-N) has filed a civil suit against Chile’s state mineral company, Enami, adding to the legal complications that have delayed the US$1.3-billion sale of its C…
NAP’s Q2 earnings unchanged from 2001
Higher production in the second quarter translated into more revenue for North American Palladium (PDL-T), but earnings were little-changed from the corresponding period of 2001.NAP pocketed $7.5 mill…
Exchange Rates (September 02, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateAug. 27Aug. 26Aug. 23Aug. 22Aug. 21US$ in C$1.55201.55711.55581.5…
Canadian Stock Exchange Indices (September 02, 2002)
DateAug. 27Aug. 26Aug. 23Aug. 22Aug. 21HighLowTSX Composite6642.836697.936614.346727.796664.91…
Overproduction hurts mining
“Mining faces some of the most difficult challenges of any industry and is distrusted by many . . .” (T.N.M., Facts ‘n’ Figures, July 29-Aug. 4, 2002). In fact, the boot is on the other foot.The minin…
Trading Summary (August 30, 2002)
The Toronto Stock Exchange finished the week in fairly leisurely trading before the long holiday weekend, as the TS…
Placer extends AurionGold offer, reduces hedge book
A day after deciding to reduce its hedgebook, Placer Dome (PDG-T) has extended its takeover offer for AurionGold, a…
Kiniero startup positive for Semafo
The start of mining at the Kiniero gold project in Guinea provided Semafo (SMF-T) with substantial cash flow in the…
Avocet takes over Nelson’s Tajik assets
In a corporate decision to concentrate on its oil and gas interests, Nelson Resources (NLG-T) has reached an agreem…