News


Olympus proves up Phuoc Son

Vancouver — Olympus Pacific Minerals (OYM-V) has intersected encouraging gold values at the Phuoc Son project in central Vietnam.The 2,300-metre reconnaissance program identified three prospects that…


CIM hosts oyster party

Members of the Toronto branch of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) are invited to the CIM’s 78th annual oyster party on Nov. 14 at First Canadian Place.In addition to oy…




Anaconda writedown sinks Sherritt

A $29.8-milllion writedown on its investment in troubled Aussie laterite nickel miner Anaconda Nickel sent Sherritt International (S-T) $1.1 million into the red during the three months ended Sept. 30…


St. Elias starts drilling

Vancouver — Junior St. Elias Mines (SLI-V) has launched a 1,500-metre drill program on the Gralheira-Jales gold property in northern Portugal.Situated in the Tras-O-Montes region, the project covers …


LME Warehouse Levels (November 11, 2002)

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 5 (change from Oct. 29 in brackets):MetalStock (tonnes)ChangeAluminium1296925(+2…



Kumtor hurts Cameco

A pit failure at the Kumtor gold mine in Kyrgyzstan more than halved Cameco’s (CCO-T) earnings in the third quarter.For the three months ended Sept. 30, Cameco pocketed $7 million (or 12 per share) o…


The Vandoos and don’ts

Exploring for minerals in the sleepy, rural districts of Nova Scotia can sometimes produce trials and tribulations.In the late 1960s, I wanted to drill just one hole for barite in Sam King’s sheep pas…


Producer and Dealer Prices (November 11, 2002)

Antimony: Mid-mkt US$2,850/t.Bismuth: Mid-mkt US$2.90/lb.Cadmium: Mid-mkt US$0.40/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.20-6.95/lb.Copper: Comex Dec US$0.7255/lb.


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