Crew tables Nalunaq feasibility
Vancouver — The feasibility study of the Nalunaq gold deposit in Greenland calls for initial offshore processing of ore, reports Crew Development (CRU-T).The study concludes that offshore processing …
News
Chalco to build smelter in Guangxi
Aluminium Corp. of China (Chalco) is considering building an alumina refinery in the Guangxi region of southeastern China. The state-owned metals-trading house Minmetals and the regional government wo…
Objectionable sustainability
Just before the close of the World Summit on Sustainable Development in Johannesburg, groups claiming to represent “civil society” withdrew from the summit and staged demonstrations against it.The sud…
Alcan boosts Alouette stake (September 09, 2002)
Montreal-based Alcan has doubled to 40% its stake in the 243,000-tonne, low-cost Aluminerie Alouette smelter in Sept-Iles, Que.The company, which already had a 20% stake in the facility, acquired Coru…
Cancor eyes Turgeon project
Cancor Mines (KCR-T) has agreed to acquire Aur Resources’ (AUR-T) 49% stake in the Turgeon polymetallic project in Quebec.To acquire the stake, and attain full ownership, Cancor will issue 100,000 sha…
Pipes found on Victoria Island
With five new kimberlite discoveries under their belt, Diamonds North Resources (DDN-V) and Canabrava Diamond (CNB-V) are embarking on a helicopter-borne geophysical survey to firm-up additional drill…
Northern Miner Indices (September 09, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T23.2%CamecoCCO-T3.2%FalconbridgeFL-T5.2%Freeport BFCX.B-N5.8%GoldcorpG-T4.2%IncoN-T9.2%Meridian GoldMNG-T2.8%Newmont MiningNE…
Daily Metal Prices (September 09, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateSept. 3Sept. 2Aug. 30Aug. 29Aug. 28Al Alloy1221/123…
Gloomy start to September
A market rout on September’s first trading day in the U.S. might be a sign of further carnage to come this fall. For the report period ended Sept. 3, the major indices retested post-9-11 lows, with th…
Audit confirms Dolores gold-silver resource
Vancouver — An independent audit has confirmed Minefinders’ (MFL-T) resource estimate for the Dolores project in Mexico’s Chihuahua state.Pincock, Allen & Holt verified a measured, indicated and infe…
Diamond Fields on track for production renewal (September 09, 2002)
Having bought its own vessel, Diamond Fields International (DFI-T) is preparing to renew marine diamond production off the coast of Namibia.The junior’s main concession covers more than 70 km of coast…
Temex wraps up drilling at Juby project
Temex Resources (YTM-V) has completed an initial 4-hole, 698-metre drill program on the Juby gold project, 22 km west of Gowganda, Ont.Three of the holes were performed infilling on the eastern portio…