News

E3 manual goes online

Users will have their first peek at the Environmental Excellence in Exploration (E3) e-manual in early August, when the Prospectors & Developers Association of Canada makes part of it available for vi…


Fire assay course in Montana

The Center for Advanced Mineral and Metallurgical Processing at the University of Montana will host a course on fire assaying.The course, slated for Aug. 18-23 at the Fairmont Hot Springs Resort, is d…


PEOPLE (July 29, 2002)

Coeur d’Alene — Mitchell Krebs appointed director of corporate development.Desert Sun — Eric Edwards appointed CFO; Peter Bojtos appointed director; William Pearson and Godfrey Walton appointed cons…



US mining shares walloped

The 7-day period that ended July 23 was marked by relentless waves of panic selling in markets across the world. In the U.S., the S&P 500 index sank 11.4% to 797.71 points, the Dow Jones Industrial Av…


TSE Short Positions (July 29, 2002)

Short positions outstanding at July 15, 2002Larger individual positions includeAber Diamond 371,442 down 108,881; Agnico-Eagle 5,058,576 down 256,686; Alcan 1,195,306 down 692,465;…


Low costs at El Peon buoy Meridian (July 29, 2002)

The El Peon gold mine in Chile remains one of the world’s lowest-cost producers, enabling Meridian Gold (MNG-T) to post net earnings of US$11.3 million for the second quarter of 2002.The income, whic…


Lower output whacks FCX earnings

True to its early-July warning, Freeport-McMoRan Copper & Gold (FCX-N) has seen its bottom line eroded by heavy rainfall and lower head grades at the Grasberg mine in Indonesia.In the second quarter, …


Queenston drills at Kirkland Lake

Fresh on the heels of a $5-million financing, Queenston Mining (QMI-T) has closed the purchase of Newmont Mining’s (NEM-N) half-interest in the Kirkland Lake joint venture in Ontario and launched a ne…


New chemical regulations could affect mining

The federal government has drafted regulations that seeks to “classify” certain information on materials and chemicals that could be dangerous in the hands of terrorists.The rules will apply to large …




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