Staying the course
In September 1999, two well-respected consulting firms, Strathcona Mineral Services and Roscoe Postle Associates, were hired by the local unions representing workers at the Pamour operation in Timmins…
News
Campbell closes Joe Mann financing (January 28, 2002)
Taking another step toward resuming commercial operations at the Joe Mann gold mine in Quebec, Campbell Resources (CCH-T) has closed a $14.3-million private placement comprising an initial tranche of …
Henry Shear
Henry Shear, an exploration geologist who spent 42 years working for such companies as General Resources, Noranda and Quintana Minerals, has died. He was 66.Shear was born in Kirksville, Miss., in 193…
Marum leads as CDNX moves forward
Vancouver — Canada’s junior exchange posted modest gains during the report period ended Jan. 22. The Standard & Poor’s-CDNX composite index added 9.89 points, or 0.9%, to its value and closed at 1098…
GREATEST VALUE TRADED, JANUARY 16-22
ExchgVal($000s)HighLowCloseChangeFranco-NevT45748926.9525.5026.15+0.30…
Northern Miner Indices (January 28, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T25.5CamecoCO-T4.1FalconbridgeFL-T5.3Franco-Nevada MiningFN-T7.0Freeport McMoRan Cop’r BFCX-N5.7IncoN-T9.2Newmont Mining…
Producer and Dealer Prices (January 28, 2002)
Antimony: Mid-mkt US$1,080/t.Bismuth: Mid-mkt US$3.25/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.95-8.00/lb.Copper: Comex Mar. US$0.7025/lb.Indium: Ind…
Newmont triumphs over AngloGold
South African producer AngloGold (AU-N) has failed to sway enough shareholders to remain in the battle for Normandy Mining (NDY-T), giving Newmont Mining (NEM-N) a clear path to victory.The…
Data point to turnaround
The decline over the Jan. 14-18 period in base metals has highlighted the extent to which markets heralded the new year with over-optimistic expectations akin to a false dawn.Large price increases and…
Lego helps build tomorrow’s mining machines
High-schoolers in Australia thought of everything from a toll-free number (1-800-SCOOP-ME) to standard operator creature comforts as they competed for top honours in a recent equipment design contest …
NAME CHANGES (January 28, 2002)
Lom River Gold (LRG-V) has changed its name to Catalina Energy (CA-V) on a 1-new-for-1-old-share basis.Dejour Mines (DEJ-V) has changed its name to Dejour Enterprises (DJR…
Spot Prices Wed. January 23, 2002
Precious MetalsPrice (US$/oz.)ChangeGold$281.60-$6.35Silver$ 4.30-$0.37Platinum$475.00-$…