Burton named new WGC chief
James Burton will replace Haruko Fukuda as chief executive officer of the London-based World Gold Council. Currently, Burton is CEO of the California Public Employees Retirement System.Burton took ove…
News
Canadian Stock Exchange Indices (August 19, 2002)
DateAugust 13August 12August 9August 8August 7HighLowTSX Composite6528.986571.446645.926612.16…
Partners cut more kimberlite at Tichegami (August 19, 2002)
Drilling by Pure Gold Minerals (PUG-T) has cut a second kimberlite body on the Tichegami project in Quebec’s Otish Mountains region.The discovery hole targeted a well-defined airborne and ground magne…
Dynasty gets what it bargained for at Pebble
Even though the main deposit at the Pebble copper property is considered a plum in itself, it was really the exploration potential of the surrounding 250-sq.-km land package in Alaska that sustained t…
HMZ gains base metal mines, smelter in China
Canada’s junior mining companies have a long-standing tradition of being at the forefront of international exploration and development. This is especially true in countries where the potential is grea…
Argosy strikes out in New Caledonia (August 19, 2002)
Abandoned by its Russian partner, Noril’sk Nickel, Australian-based junior Argosy Minerals has declared it has no further interest in the Nakety-Bogota nickel laterite project in New Caledonia.Under a…
Aur shrivels in drier copper market
Faced with weaker copper prices and lighter sales volumes, Aur Resources (AUR-T) earned three times less in the recent second quarter than in the corresponding period of 2001.Net earnings topped US$2….
Odds ‘n’ sods: Remembering Harry Morgan
For several years, I’ve written articles about the great and unusual people I’ve met in the mineral exploration and promotion business, but none impressed me more than the late Dr. J.H. (Harry) Morgan…
NAME CHANGES (August 19, 2002)
Dalmatian Resources (DTN-V) has changed its name to Enwest Ventures (ENN-V) on a 1-new-for-3-old-share basis.Gold Giant Minerals (GNR-V) has changed its name to Gold Giant Ventures…
Producer and Dealer Prices (August 19, 2002)
Antimony: Recent trades US$1,700-1,975/t.Bismuth: Mid-mkt US$2.95/lb.Cadmium: Mid-mkt US$0.30/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.35-7.05/lb.Copper: Comex Sept US$0.676/lb….
Gold price lifts majors
The U.S.-listed gold majors all posted strong gains over the report period ended Aug. 13 as gold prices jumped $8.45 to US$316.25 per oz.: Newmont Mining rose 95 to US$24.95; AngloGold added $1.17 to…
Bench mark, golds and base metals raised a notch
The Toronto Stock Exchange’s Composite Index traded in a narrow range over the Aug. 7-13 report period to finish modestly ahead, at 6,528.98 points. The benchmark is nearly 10 points higher than a wee…