News

General Minerals drops Escalones (August 20, 2001)

Vancouver — Denver-based General Minerals (GNM-T) has decided to drop the promising Escalones copper skarn project in Chile, where a large lease payment was due this month.The company failed to find …


Gabriel tables study for Rosia Montana

Gabriel Resources (GBU-T) has announced the completion of a feasibility study of its 80%-owned Rosia Montana gold project in Romania. The study focuses on the potential for developing a large-scale op…


WMC eyes nickel-copper project

Australia’s WMC (WMC-N) is aggressively exploring its Quebec 7 project, situated about 300 km north of Schefferville.An extensive airborne electromagnetic geophysical survey of some 16,000 line km has…


Northern Miner Indices (August 20, 2001)

NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T18.7FalconbridgeFL-T5.9Franco-Nevada MiningFN-T6.5Freeport McMoRan Cop’r BFCX-N5.3Homestake MiningHM-N6.4IncoN-T9.4Newm…



Aurora busy in Ontario, Quebec

Vancouver — Junior Aurora Platinum (ARP-V) is exploring seven projects in Ontario and Quebec, while, at the same time, seeking partnerships with major companies.At its Foy project, near Sudbury, Ont….


EPA needs more than soul-searching

It is not possible to please all of the people all of the time, and if the wildly divergent comments received during a recent online discussion are any indication, the U.S. Environmental Protection Ag…


Great Quest eyes Kenieba (August 20, 2001)

Vancouver — Great Quest Metals (GQ-V), a firm believer that gold prices will be heading higher, has added the Kenieba concession to its portfolio of gold properties in Mali, West Africa.The junior ca…


New showings reported at Nunavik

Vancouver — An independent sampling program at the Nunavik copper-nickel property in northern Quebec has confirmed the presence of platinum-palladium mineralization in the Expo-Ungava deposit, with f…


Atlas Copco buys parts supplier

Swedish-based eqipment manufacturer Atlas Copco has bought Christensen Products, a division of Kansas-based Layne Christensen.Christensen Products is a leading supplier of diamond core drill rigs.The …


Hair appointed head of ICMM

Conservationist Jay Hair has been appointed secretary general of the London-based International Council on Mining and Metals, the successor organization to the International Council on Metals and the …


Niobec strike settled (August 20, 2001)

Hourly rated employees at the Niobec niobium mine in the Lac St.-Jean area of Quebec have returned to work following a 9-day strike. Owners Cambior (CBJ-T) and Mazarin (MAZ-T) reached an agreement wit…


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