Digital gold
The world’s oldest international money, gold, could become an important element of the world’s newest currency — digital money.Digital money systems are being developed to offer methods of payment th…
News
Shatter cone theory initially rejected
I found the recent Odds ‘N’ Sods by A.J. Naldrett most interesting. (See “The Shatter cones of Sudbury” in T.N.M., Nov. 13/00). It’s also a lesson we should all remember.When, in 1964, Robert Dietz pr…
Platexco takeover clears hurdle
The long-drawn-out takeover of platinum junior Platexco (PTX-T) by South Africa’s Impala Platinum Holdings has cleared its final regulatory hurdle and is now expected to close by year-end.In June, Imp…
From the hip
In the early 1970s, my brother Tony and I were staking fractions for Don McLeod’s Vancouver-based Northair Mines. The day was cold and damp, and we were perched high up on Sproat Mountain near Whistle…
Regulators create mining panel
The Canadian Securities Administrators (CSA), the umbrella body of provincial securities commissions, is creating a committee to advise it on issues related to mining and mineral exploration.The panel…
Arthur Roy
Arthur Roy, who discovered several uranium deposits near Kirkland Lake, Ont., has died. He was 84.Roy, who worked for Inco and, independently, as a prospector, staked 15 claims in the Kirkland Lake ar…
Spot Prices Wed. December 13, 2000
Precious MetalsPrice (US$/oz.)ChangeGold$269.95-$0.90Silver$ 4.65-$0.06Platinum$622.00+$23.00…
LME Warehouse Levels (December 18, 2000)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Dec. 12/00 (change from Dec. 5 in brackets):MetalStock(tonnes)ChangeAluminium305675(-…
Inco enters new development phase at Goro
While falling short of actually making a production decision, Inco (N-T) has announced it is advancing its Goro nickel-cobalt project in New Caledonia to a new stage of development, keeping it on-trac…
PEOPLE (December 18, 2000)
Ced-Or — Gilbert Godbout appointed director.Crew Development — Peter Barnes appointed president and CFO; John Darch appointed chairman and CEO; Jon Steen Petersen appointed director; Andreas Qvale a…
EXCHANGE RATES (December 18, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateDec. 12Dec. 11Dec. 8Dec. 7Dec. 6US$ in C$1.
EVENTS (December 18, 2000)
Jan. 1-31, 2001 33rd Annual Canadian Mineral Processors Conference — Ottawa. Contact R.J. MacDonald. Tel: (613) 996-2283. Fax: (613) 996-9041.Jan. 11-13 Western Inter-University Geological Conference…