PGM traffickers cuffed
Johannesburg-based Business Day reports that local police have closed in on criminal syndicates suspected of stealing and trafficking in platinum group metals. Authorities arrested 40 people in the Ru…
News
Correction (November 19, 2001)
Vancouver — In our Nov. 5-11 issue, we reported that Eldorado Gold’s (ELD-T) projected production for 2001 is 117,000 oz. and that operating costs are forecast at US$209 per oz.Eldorado forecasts gol…
Silver Standard active in Argentina
Vancouver — Junior Silver Standard Resources (SSO-V) reports impressive results from infill and exploration drilling at the Manantial Espejo silver-gold project in Argentina’s Santa Cruz province.So …
Newmont bid stirs market
Newmont Mining shocked the gold mining world on Nov. 14 by launching a simultaneous, all-share takeover bid for Canada’s Franco-Nevada Mining and Australia’s Normandy Mining. The deal would create the…
MOST ACTIVE ISSUES, NOV. 7-13
ExchgVol(000s)HighLowCloseChangeAlcoa*N1101436.4633.6036.30+2.29…
Producer and Dealer Prices (November 19, 2001)
Antimony: Mid-mkt US$1,225/t.Bismuth: Mid-mkt US$3.50/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.75-7.60/lb.Copper: Comex Dec. US$0.6775/lb.Indium: Ind…
Daily Metal Prices (November 19, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateNov. 13Nov. 12Nov. 9Nov. 8Nov. 7Aluminium1303.50/13…
Producers vow to stem trade of ‘conflict diamonds’
The world’s diamond producers will meet with mines ministers from various countries to propose ways to combat the trade in “conflict diamonds,” or diamond sales that finance conflicts in Africa. The m…
Kyoto requires scrutiny
Our industry takes the issue of climate change seriously, and we are actively engaged in developing and implementing measures to limit greenhouse gas (GHG) emissions. We are committed to continuing th…
Sulliden wins award for Mario
Sulliden Exploration’s Mario property has been named Peru’s “mining prospect of the year” by a committee of 15 representatives of that country’s mining industry.The Montreal-based junior has an option…
Ruttan to close sooner
The Ruttan copper-zinc mine in northern Manitoba will be closing sooner than expected, owing to low metal prices.Hudson Bay Mining & Smelting had announced in the mid-1990s that the mine would shut do…
NAME CHANGES (November 19, 2001)
Lucero Resource (LCR-V) has changed its name to Squared Developments (SQD-V) on a 1-new-for-10-old-share basis.Totem Mining (TOH-V) has changed its name to Comcorp Ventures…