El Tesoro mine aims for spring startup
Beginning in May, London-listed Antofagasta expects to produce 75,000 tonnes of cathode copper per year at the newly completed El Tesoro heap-leach mine. Antofagasta holds a 61% interest in the US$296…
News
Newmont aims drills deeper
The Yanacocha gold mine, high atop the Andes of northern Peru, was the golden growth story for Newmont Mining (NEW-N) in 2000, with production and reserves increasing for the seventh consecutive year….
NAME CHANGES (April 16, 2001)
Goldbank Ventures (GBK.A-V) has changed its name to Consolidated Goldbank Ventures (CVT.A-V) on a 1-new-for-4-old-share basis.
Climate debate escalates The Big Chill
European Union President Romano Prodi was right about one thing when he denounced American President George W. Bush for turning a cold shoulder to the Kyoto Protocol, a United Nations initiative desig…
News – 16-APR-01
The Northern Miner — North American Mining Index (April 16, 2001)
70.60 (+4.10)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (April 16, 2001)
46.26 (-1.66)(Sept. 30/98 = 100)…
Cutbacks bolster nickel
What had appeared to be a promising rally in base metals markets earlier on in the week of April 2 turned into something of a rout on April 6 as both copper and aluminum prices shed US$30-40 per tonne…
PEOPLE (April 16, 2001)
Cairngorm Mines — John Wiebe appointed managing director and secretary.Strongbow — Grenville Thomas appointed president and CEO.Tahera — Jonathan Goodman appointed director.
No white knights in Labrador and Luscar fights
In two quiet corners of the mining industry — the iron ore and coal businesses — takeover battles for income funds have enlivened the profitable, but otherwise dry, business of cashing royalty chequ…
Crystallex backs Idaho Consolidated
Under the terms of a management agreement, Crystallex International (KRY-T) will provide technical support services for Idaho Consolidated Metals’ (IDO-V) exploration efforts at the Stillwater complex…
Celtic, Orogrande holes cut sulphides
Drilling at two separate projects in central Newfoundland has turned up promising massive sulphide mineralization.At the Great Burnt Lake property, Celtic Minerals (CME-V) has extended a known copper …