Bloom defends article
In a letter to the editor that appeared last week, William Johnson claimed that my article “Fusion key step in fire assaying for PGEs” (T.N.M., Feb. 25-March 3/02) contained a plagiarism. I feel oblig…
News
The legend of Henry Levac
Henry P. Levac, a well-known woodsman in the Canadian exploration community, died recently. He was 75.Levac worked with dozens of geologists, engineers and geophysicists. In the field, he was renown f…
Mining deaths rise in South Africa
Ninety-four workers died at South African mines in the first quarter — 47% more than the 64 who died in the comparable period of 2001.Health and safety inspectors have responded by threatening to clo…
Hecla posts loss despite improved performance
Although gold production was up and cash costs were down at Hecla Mining (HL-N), the company still posted a loss for the three months ended March 31.Revenue of US$23.8 million translated into net earn…
Breakwater’s output up
Mining of higher-grade pillars at the soon-to-be closed Nanisivik mine on Baffin Island resulted in higher production and a smaller loss for Breakwater Resources (BWR-T) in the first quarter.For the t…
Pac Booker tables results
Vancouver — Ongoing drilling at Noranda’s (NRD-T) Morrison copper-gold porphyry deposit in British Columbia continues to show good continuity for operator Pacific Booker Minerals (BKM-V).The latest f…
Northern Miner Indices (May 13, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T25.5CamecoCCO-T4.1FalconbridgeFL-T5.3Franco-Nevada MiningNMC-T7.0Freeport McMoRan Cop’r BFCX-N5.7IncoN-T9.2Newmont Mini…
Comaplex eyes Zopilote in western Honduras
Vancouver — Comaplex Minerals (CMF-T) can acquire a half-interest in the Zopilote deposit in western Honduras. The property is held by Doublestar Resources (DSR-V).To do so, Comaplex must spend $2.5 …
Daily Metal Prices (May 13, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateMay 7May 6May 3May 2May 1Aluminium1345.50/1368.50…
TSE Short Positions (May 13, 2002)
Short positions outstanding at April 30, 2002Larger individual positions includeAber Diamond 199,497 up 84,400; Agnico-Eagle 5,018,413 up 74,478; Amarc 228,500 up 102,000; Ashton…
Hedge trimmers lead the way
In the first five days of trading under its new moniker, the S&P/TSX composite index shed 85.93 points, or more than 1%, coming to rest at 7,561.37 on May 7.Inspired by a run up to US$312 per oz. on t…
Junior golds awake from slumber
Vancouver — The first trading week of the month was a stellar one for junior explorers as rattled investors snapped up shares in gold-related companies. Nonetheless, the newly minted Standard & Poor’…