Russian bear ambles into Stillwater, Montana
Operational setbacks and a precipitous drop in palladium prices have prompted cash-strapped Stillwater Mining (SWC-N) to ponder the unthinkable and become a subsidiary to the world’s largest palladium…
News
Juniors keep exploration (barely) alive BC
Vancouver — Despite the implementation of one of the most attractive incentive programs in the country, mineral exploration in Canada’s westernmost province failed to ignite in 2002.In 2001, total fi…
Mining Nevada in the early ’40s
Everybody knew that the hills of Nevada had been scoured by countless prospectors and that most deposits exposed at the surface had been discovered. But workable deposits are rare, and scattered over …
Applied stats examples are documented
Prof. Alastair Sinclair, whose letter appeared in your Nov. 4 issue, was present when I taught a short course on sampling precious metals deposits at the University of British Columbia in 1989.He did …
Pele hopes Genesis is start of something big
Pele Mountain Resources’ (YPN-V) discovery of a significant diamond population in the Genesis showing at its Festival property near Wawa, Ont., has dramatically increased the potential for an economic…
Northgate advances Kemess North project; Botwood
Vancouver — Encouraging drill results have prompted Northgate Exploration (NGX-T) to launch a prefeasibility study at its Kemess North gold-copper project in central British Columbia.The results conf…
Spot Prices Wed. November 27, 2002 Courtesy of Scotiabank (December 02, 2002)
Precious MetalsPrice (US$/oz.)ChangeGold$318.20-0.80Silver$ 4.44-0.11Platinum$587.00-6.00…
PEOPLE (December 02, 2002)
Axmin — Craig Banfield appointed secretary.Cameco — Gerald Grandey appointed CEO.Cumberland — Kerry Curtis appointed interim president and CEO; Walter Segsworth appointed co-chairman.
Victor Milne
Victor Milne, former director of the Ontario Geological Survey, died in late September. He was 68.Milne was born in 1934 in Scotland and completed undergraduate studies in geology at the University of…
Sagging economy an ominous sign for base metals
This article is the first of two instalments devoted to base metals and was culled from Barclays Capital’s monthly commodities report The Commodity Refiner. Part 2 will appear in our Dec. 9-15 issue.S…
LionOre pours first gold from Thunderbox (December 02, 2002)
After nine months of construction and development, LionOre Mining International (LIM-T) has poured the first gold dor bar at the Thunderbox project in Western Australia.Weighing 11.7 kg, the bar was …
Altius-Barrick deal triggers gold rush in Newfoundland
St. John’s, NFLD — An increased level of exploration activity in Newfoundland and Labrador has resulted in 30,500 new claims being staked this year (to the end of October), surpassing the previous hi…