A toast to progress and people Making it happen
Things are looking up in the mining business, at least relative to last year when dark clouds gathered over the otherwise successful Mining Millennium 2000, a conference organized by the Prospectors &…
News
Meridian inks joint venture with Buenaventura in Peru
Denver — Reno, Nev.-based Meridian Gold (MDG-N) has formed a joint venture with Compania de Minas Buenaventura (BVN-N) in order to explore the Los Pircos gold prospect in northern Peru.Meridian can e…
Apex Silver among juniors active in Central America
Denver — After being pushed out of the region by Hurricane Mitch in 1998, Apex Silver Mines (SIL-X) has returned to Central America for another joint-venture opportunity.The Denver-based company, who…
Rio offer too low, says Labrador Fund
A valuation study has placed the fair price of the Labrador Iron Ore Royalty Income Fund (LIF.UN-T) at $18 to $24.70 per unit, substantially more than a $13.50 takeover offer by mining house Rio Tinto…
MOST ACTIVE ISSUES, FEB. 28-MAR. 6
ExchgVol(000s)HighLowCloseChangeAlcoa*N 14567 38.45 35.33 37.99 +1.74…
CDNX continues upswing (March 12, 2001)
Vancouver — The mining index took centre stage on Canada’s junior exchange during the report period ended March 6 as it broke through the 6,000 mark. The Canadian Venture Exchange (CDNX) composite in…
Precious metals producers sputter as prices sag
Gold prices fell back into the low US$260s in London during the Feb. 28-March 6 report period following a mid-February rally that saw prices shoot up from US$256 to US$268 per oz.There was a dearth of…
New resource at Lac des les
Exploration drilling at the Lac des les mine of North American Palladium (PDL-T) has established a significantly larger resource in the Roby Zone palladium-platinum deposit.The new calculation, compl…
SouthernEra fast-tracks Messina
To take advantage of robust metal prices, SouthernEra Resources (SUF-T) is accelerating development at its Messina platinum group metals project in South Africa.Starting in August, Messina will begin …
Canadian gold output rises
In December 2000, Canada’s production of gold, silver, primary copper, primary lead, asbestos and salt increased over levels reported for the last month of 1999.The increase is reported in Production …
Boliden sells Chilean assets to Noranda and Falconbridge
A letter of intent paves the way for partners Noranda (N-T) and Falconbridge (FL-T) to acquire the Lomas Bayas mine and Fortuna de Cobre copper deposit, both of which are near Antofagasta, Chile.The p…
Sculpting a niche in northern Ontario
Colette Jacques, a sculpter and painter based in Larder Lake, Ont., is helping others see the beauty in mining.The 50-year-old artist uses wood, cement and clay to create numerous sculptures, among wh…