Echo Bay restates to a loss (September 16, 2002)
Edmonton-based gold and silver miner Echo Bay Mines (ECO-T) has restated its second-quarter, per-share results to r…
News
Inco inks Thompson pact (September 16, 2002)
Members of the United Steelworkers’ Local 6166 at Inco’s (N-T) Thompson, Manitoba operations approved a new three-y…
Odyssey grabs Turkish prospect (September 16, 2002)
Odyssey Resources (YOD-V) has a drill on its way to the Trab 23 copper-gold-molybdenum prospect 75 km south-southea…
Northern Miner Indices (September 16, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T23.2%CamecoCCO-T3.2%FalconbridgeFL-T5.2%Freeport BFCX.B-N5.8%GoldcorpG-T4.2%IncoN-T9.2%Meridian GoldMNG-T2.8%Newmont MiningNE…
Falconbridge drops East Bull (September 16, 2002)
Shares of Mustang Minerals (YMU-V) fell sharply on Sept. 11, after the company announced that its partner Falconbridge (FL-T) was dropping the East Bull Lake PGE property near Sudbury, Ont.The major h…
Letter to the editor: The price of success
Tom Morrison (T.N.M., Sept. 2/02) raises an important issue in his letter. When I entered the mining industry, the main concern was that the World’s mineral resources were becoming exhausted. Jobs wer…
Recovery of large gem stones key to advancing Gahcho Kue
The latest bulk sample results from the Gahcho Kue joint-venture project in the Northwest Territories again confirm the presence of big-carat diamonds in the 5034 pipe.De Beers recovered 1,215 carats …
CVG anoints Crystallex at Las Cristinas
Vancouver – For over a decade, the long and winding road toward developing the Las Cristinas gold property in southeastern Venezuela has proved treacherous for foreign mining firms trying to advance t…
Countries to discuss sustainable mining
Canada and South Africa have announced that together they will seek a dialogue on sustainable development in the minerals sector as a follow-up to the World Summit on Sustainable Development, which to…
NovaGold eyes $10 million, cuts more gold
Banking on its continuing exploration success in Alaska, NovaGold Resources (NRI-T) will attempt to raise over $10 million by privately placing 2 million units at $5.10 apiece.Some of the proceeds are…
News – 16-SEP-02
The Global Mining Initiative
Economic growth, the essential condition of sustainable development, depends on the products of the mining industry. It is our responsibility to meet that demand, while at the same time addressing the…