PEOPLE (December 24, 2001)
Alcan — Robert Ball appointed executive vp of value-added business and manufacturing systems; Cynthia Carroll appointed president, primary metal group; Michael Hanley appointed president, bauxite, al…
News
Otish rocks diamondiferous (December 24, 2001)
Vancouver — Diamond counts have determined the favourable nature of two kimberlitic bodies in Quebec’s Otish Mountains.Ashton Mining of Canada (ACA-T) discovered the bodies while drill-testing four g…
Exchange Rates (December 24, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateDec. 18Dec. 17Dec. 14Dec. 13Dec. 12US$ in C$1.57301.56461.56331.5…
IMA gains ground in Patagonia
Vancouver — IMA Explorations (IMR-V) has acquired the first two of several gold-silver properties in Chubut province, south-central Argentina.Dubbed Las Bayas and Laguna de Los Toros, the properties …
Gold explorers jump back to life
Buyers managed to overtake sellers over the Dec. 12-18 report period to push the Toronto Stock Exchange 300 index up 54.84 points to 7,586.47.Gold surged ahead $5.65 in London markets to land at a mor…
GREATEST VALUE TRADED, DEC. 12-18
ExchgVal($000s)HighLowCloseChangeBarrick GoldT59823026.2523.9526.22+2.32…
Producer and Dealer Prices (December 24, 2001)
Antimony: Mid-mkt US$1,130/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$6.50-7.60/lb.Copper: Comex Mar. US$0.69/lb.Indium: Indiu…
Ontario names first OMET recipients
The provincial government has announced the first five projects to receive assistance under the $8-million Ontario Mineral Exploration Technologies (OMET) Program.Three of the projects will be oversee…
Output to rise at Grasberg
Vancouver — Bucking the trend of other major producers, Freeport-McMoRan Copper & Gold (FCX-N) says it expects a 7.1% increase in copper production next year at its Grasberg mine in Indonesia.Output …
CAMESE hosts booth in Russia
The Canadian Association of Mining Equipment and Services for Export (CAMESE) is inviting companies to display posters at the sixth Moscow International Mining, Exploration and Mining Equipment Exhibi…
Beryllium demand to decline
World demand for beryllium is expected to decline in 2002, according to a report from London-based Roskill Information Services.The Economics of Beryllium (sixth edition) says demand is contracting in…
Muskox to test new zones (December 24, 2001)
Muskox Minerals (MSK-V) has budgeted $6.5 million for a proposed exploration program for the Muskox platinum-palladium-copper-nickel project in Nunavut.The proposal recommends 8,500 metres of drilling…