Sustaining South African mining
South Africa’s mining industry has always been committed to sustainable development by balancing development with environmental considerations. The industry’s participation in both national and intern…
News
‘Personal comment’ mars reporting
John Cumming wrote a detailed article on Gabriel Resources feasibility study of the Rosia Montana gold project in Romania (T.N.M., Aug. 20-26/01). His factually correct reporting of the study would ha…
Diversification helps Cameco ride out weak uranium market
Uranium producers have had little to cheer about in recent years.Hopes were raised earlier this year when the U.S. government unveiled its proposed energy policy, which included an increase in the use…
Gold properties fall to bargain hunters
The mining adage that gold properties are worth whatever someone will pay for them holds true in good times and bad. And in these tough times, mines can be had, and are being had, at bargain-basement …
GREATEST VALUE TRADED, AUG. 29-SEPT. 4
ExchgVal($000s)HighLowCloseChangeAlcoa*N38002839.3437.0238.54-0.24…
Mining index fails to jump-start CDNX
Vancouver — Despite a 3-digit gain in the mining sector, Canada’s junior exchange finished the holiday-shortened week ended Sept. 4 on a low note. The Canadian Venture Exchange composite index lost 1…
Star yields low count
A sub-surface layer of till containing kimberlite float boulders in the Northwest Territories has returned a low diamond count. Ashton Mining of Canada (ACA-T) discovered the layer on the Star joint-v…
Hecla Mining lands private placement
Denver — Hecla Mining (HL-N) has completed a US$5.5-million private placement, using money from its pension plan.The pension plan has assets of more than US$55 million, surpassing its projected oblig…
Ashton raises $2.6m
Proceeds from a $2.6-million share offering will be used by Ashton Mining of Canada (ACA-T) for ongoing diamond exploration at its projects in Quebec, Alberta, Northwest Territories and Nunavut.The Ri…
LME Warehouse Levels (September 10, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept. 04/01 (change from Aug. 28 in brackets):MetalStock (tonnes)ChangeAluminium675875…
Solitario active in Bolivia, Brazil (September 10, 2001)
Denver-based Solitario Resources (SLR-T) has begun an 8-hole drilling campaign on its wholly owned Rincon del Tigre platinum-palladium deposit in eastern Bolivia.The program is focused on the extensiv…
Spot Prices Wed. September 5, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$271.70-$1.15Silver$ 4.19-$0.02Platinum$442.00-$…