News
Partners recover gems from K5 kimberlite
Drilling has yielded diamonds from the K5 kimberlite body at the Aredor concession in Guinea, reports Trivalence Mining (TMI-T).In December, partner Rio Tinto (RTP-N) drilled three reverse-circulation…
Cleanliness or clarity
Recent months have seen a number of developments touching on the issue of “conflict diamonds,” the diamonds from countries where there are civil wars, paramilitary criminal gangs, or, in the extreme c…
Ensuring mining’s legitimacy, Part 1
Ten years ago, the United Nations convened a conference on environment and development in Rio de Janeiro. The mining industry was present at that conference, but only on the periphery. In August of th…
Murdochville faces possible extinction
Residents of Murdochville, Que., have voted 77% in favour of shutting down the town following the closure of a copper smelter, the area’s main employer.In a union referendum, nearly 1,000 residents au…
Feds to assist Aboriginals at Voisey’s
The federal government will invest up to $150 million to help Aboriginals take advantage of opportunities created by the startup of the Voisey’s Bay nickel mine in northern Labrador. The money will go…
Sudbury Contact, JML hunt in Timiskaming
Ongoing geophysical surveys mark the return of Sudbury Contact Mines (SUD-T) to its Timiskaming diamond exploration project, an effort it suspended in 1996.Sudbury Contact is doing about 4,500 km of h…
Forum to offer Stillwater tours
The Ninth International Platinum Symposium, scheduled for July 21-25, in Billings, Mont., will feature field trips to the Stillwater mine.The first trip, prior to the symposium, will include an underg…
Proposed amendments could boost exploration in Manitoba
Amendments to the Mines and Minerals Act, being considered by the Manitoba legislature, would clarify regulations governing the minerals industry and provide stability of land tenure.One such amendmen…
Northern Miner Indices (June 17, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)BarrickABX-T21.9%CamecoCCO-T3.6%FalconbridgeFL-T4.7%Freeport BFCX.B-N5.7%GoldcorpG-T3.2%IncoN-T7.9%Meridian GoldMNG-T2.5%Newmont Minin…
Daily Metal Prices (June 17, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJune 11June 10June 7June 6June 5Aluminium1372/1394…
China to use 2m oz. silver in coins
China will issue a series of commemorative precious metals coins this year, including 21 types of silver coins, according to the People’s Bank of China.The commemorative coins, which also will be mint…