News

United Nations report in doubt

As an old hand of the Union Minire du Haut Katanga, I spent several months in the area, and I find the United Nations report (T.N.M., July 30-Aug. 5/04) highly misleading. There is almost no risk with natural radioactivity. In the 1940s and ’50s,…




More gold reserves at Chirano

Vancouver — An updated independent reserve estimate for Red Back Mining‘s (RBI-V) Chirano gold project in southwestern Ghana indicates more than 1 million oz. gold. As a result, the mine life is now projected to be eight years.


New bid, same response (September 13, 2004)

Wheaton River Minerals (WRM-T) has told its shareholders to reject the renewed takeover offer from Coeur d’Alene Mines (CDE-N). The company also says any shares that have already been tendered should be withdr…


Teck seeks dismissal in Lake Roosevelt lawsuit

An Aboriginal group in northeastern Washington state has filed a suit to force the U.S. Environmental Protection Agency (EPA) to enforce an administrative order against Teck Cominco (TEK-T) that would declare Lake Roosevelt a Su…



An Unfortunate precedent

A series of events is unfolding in Washington state that promises to draw increased attention to, and potential action against, Teck Cominco.


Canadian Stock Exchange Indices (September 13, 2004)

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Miner killed at Bralorne

Vancouver — A miner at the Bralorne-Pioneer mine in British Columbia was killed when the hangingwall collapsed, causing a rock fall.


At Shore Gold's Star Diamond project, a view looking north of a temporary clamstand used for the initial shaft excavation.

Shore announces dividend-in-kind

With the Star diamond project in Saskatchewan taking centre-stage, Shore Gold (SGF-V) has spun out its portfolio of gold properties for stock in a new subsidiary called Wescan Goldfields (WGF-V).


Hybrid cars and cobalt

Improvements in hybrid-electric vehicle technology are expected to boost demand for cobalt-based batteries. This newly emerging demand, combined with increases in cobalt use for other types of rechargeable batteries, turbine engines and gas-to-liq…


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