Ventersdorp nears full steam
Partners Etruscan Resources (EET-T) and Mountain Lake Resources (MOA-V) have inked a $1 million loan agreement with…
News
Cancor eyes consolidated Turgeon
Cancor Mines (KCR-T) has agreed to acquire Aur Resources’s (AUR-T) 49% stake in the Turgeon polymetallic project in…
Trans Hex sails for De Beers
Trans Hex Group’s Mv Ivan Prinsep has returned to Namibia’s coastal waters after weighing anchor from a joint ventu…
Overproduction hurts mining
“Mining faces some of the most difficult challenges of any industry and is distrusted by many . . .” (T.N.M., Facts ‘n’ Figures, July 29-Aug. 4, 2002). In fact, the boot is on the other foot.The minin…
Canadian Stock Exchange Indices (September 02, 2002)
DateAug. 27Aug. 26Aug. 23Aug. 22Aug. 21HighLowTSX Composite6642.836697.936614.346727.796664.91…
Exchange Rates (September 02, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateAug. 27Aug. 26Aug. 23Aug. 22Aug. 21US$ in C$1.55201.55711.55581.5…
NAP’s Q2 earnings unchanged from 2001
Higher production in the second quarter translated into more revenue for North American Palladium (PDL-T), but earnings were little-changed from the corresponding period of 2001.NAP pocketed $7.5 mill…
Disputada legal dispute heats up (September 02, 2002)
Vancouver — U.S. oil giant ExxonMobil (XOM-N) has filed a civil suit against Chile’s state mineral company, Enami, adding to the legal complications that have delayed the US$1.3-billion sale of its C…
Explosive firms merge
Dyno Nobel of Oslo, Norway, will acquire the explosives division of Ensign-Bickford Co., a subsidiary of Connecticut-based Ensign-Bickford Industries.Under the deal, Ensign-Bickford will surrender mos…
Hospital to be almost germ-free
The City of Hope National Medical Center in Los Angeles is building a hospital with the largest capacity for bone marrow transplantation in the U.S. and will use silver in its ductwork to keep the fac…
Reno hosts geostats course
The advanced use of geostatistics in the evaluation of ore reserves will be taught in a 5-day course in Reno, Nev.The event, which runs from Sept. 23-37, is expected to address several topics, includi…
Casa Berardi drilling hits sulphide breccia
Drilling by Aurizon Mines (ARZ-T) at the Casa Berardi property in northwestern Quebec has intersected a zone of gold mineralization in semi-massive sulphide material east of the property’s West mine, …