Starfield bullish at Ferguson Lake
Vancouver — Starfield Resources (SRU-V) reports encouraging results from stepout and infill drilling at its Ferguson Lake nickel/copper/ cobalt/platinum-group-metal project in Nunavut.A stepout hole …
News
Policies aim to strengthen Canada’s north
The federal government has introduced policies designed to strengthen standards for environmental protection through the reclamation of producing mine sites.The policies were developed in consultation…
Looking out for shareholders
The arrest of John Rigas and two of his sons, all former executives of insolvent Adelphia Communications, on securities fraud charges, and revelations that executives at Qwest Communications Internati…
Stillwater down, but not out
Carrying the load of a second mine without the aid of similar metal prices, Stillwater Mining (SWC-N) earned half as much in the second quarter as it did in the comparable period of 2001.Net earnings …
Producer and Dealer Prices (August 05, 2002)
Antimony: Mid-mkt US$1,720/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$6.50-7.50/lb.Copper: Comex Sept US$0.6925/lb.Indium: Ind…
Freewest finds
Surface drift prospecting by Freewest Resources Canada (FWR-V) has turned up angular boulders with high gold grades at the Smoke Lake property in the Hemlo area of north-central Ontario.Smoke Lake, a …
KEGS Foundation awards nine scholarships
The KEGS Foundation has awarded scholarships totaling $7,500 to nine undergraduate in geophysics at five Canadian universities.Recipients include the following: Michael Ash, Michael Wheeler and Olabus…
Pechiney bolsters global aluminum production
Paris-based Aluminum giant Pechiney has won several production contracts, which will boost capacity at several major smelters.Output at Aluminum Bahrain, in Alba, will be increased by 308,000 tons. At…
AngloGold, unions ink AIDS deal
South African-based AngloGold and five labour unions have signed an agreement to minimize the impact of HIV/AIDS in the workplace.The unions include the National Union of Mineworkers, MWU Solidarity, …
Mining charter ‘unacceptable’ says Anglo
The South African government’s Minerals and Petroleum Resources Development Bill would see black-controlled businesses own 51% of all new mines in the country within 10 years, an arrangement Anglo Ame…
Anglo ups Vanguardia stake
South African giant AngloGold (AU-N) has doubled to 92.5% its stake in the Cerro Vanguardia mine in Argentina’s Santa Cruz province, snapping up Perez Companc International’s 46.25% holding for US$90 …
Axmin finds gold at Passendro
Following a campaign of rotary air blast (RAB) drilling at its Bambari property in the Central African Republic, Axmin (AXM-V) has confirmed mineralization along the strike extension of its Passendro …