The many-sided coin
Years ago, Ron Thorton and I found several good-looking, gold-quartz belts in the eastern end of Nova Scotia, near an old mine. We tried, for some time, to raise money to bulk-sample the belts, but to…
News
Ontario needs more miners
The evidence is conclusive: Ontario needs more miners.The value currently added to Ontario’s economy by each mining employee annually is $204,500, which is 19% higher than in 1990 and more than double…
Diamond potential high in Ontario
Recent evaluations of Ontario’s diamond potential indicate good potential for a diamond discovery in Ontario, particularly in the areas of Red Lake, Wawa, the James Bay Lowlands and River Valley.That …
Anglogold opts out of Colombia
Vancouver — In a move that puts Conquistador Mines a step closer to closing down exploration activities in Colombia, Anglogold has elected to stop exploring its regional gold project there.California…
Aussie prof at U of T
Renowned Australian geologist Roussos Dimitrakopoulos will teach a 3-day course at the University of Toronto’s Lassonde Institute in June.The professor and director of the WH Bryan Mining Geology Rese…
Northern Miner Indices (April 23, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T19.3ComincoCLT-T5.1FalconbridgeFL-T6.7Franco-Nevada MiningFN-T6.3Freeport McMoRan Cop’r BFCX-N6.7Homestake MiningHM-N4….
Mining gains global voice
Instead of preaching to the converted about its environmental and social progress and its economic contributions to society, the international mining community has reached out to the rest of the world…
Spot Prices Wed. April 18, 2001 (April 23, 2001)
Precious MetalsPrice (US$/oz.)ChangeGold$260.10+$1.65Silver$ 4.32-$0.01Platinum$630.00+$…
Manhattan gains extension
The government of Peru has granted Manhattan Minerals (MAN-T) a one-year extension to an option agreement for the Tambo Grande concessions, which will allow for further optimization of the initial gol…
Producer and Dealer Prices (April 23, 2001)
Antimony: Mid-mkt US$1,290/t.Bismuth: Mid-mkt US$3.95/lb.Cadmium: Mid-mkt US$0.22/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$11.80-14.00/lb.Copper: Comex May US$0.7645/lb.Indium: In…
Dayton sees red in 2000
Vancouver — The latest casualty of historically low gold prices is Dayton Mining (DAY-T), which posted a loss of US$31.4 million (or US$1.17 per share) for 2000.”The company’s results were dominated …
Cominco surges ahead on power sales
Taking advantage of the energy crisis gripping the southwestern U.S., Cominco (clt-t) has curtailed zinc production at its refinery in Trail, B.C., and freed up additional power to sell into the Ameri…