Sudbury: the need for feed
Large metal operations take on a life of their own in established mining camps. One result is that milling and smelting capacity create demand for near-term sources of ore.Certainly Sudbury has follow…
News
WMC suffers headaches at Olympic Dam
WMC (WMC-N) has run into more operational difficulties at its massive Olympic Dam copper smelter in South Australia, and will suffer depressed earnings for the next 18 months as a result.The company h…
Argosy strikes out in New Caledonia (August 19, 2002)
Abandoned by its Russian partner, Noril’sk Nickel, Australian-based junior Argosy Minerals has declared it has no further interest in the Nakety-Bogota nickel laterite project in New Caledonia.Under a…
HMZ gains base metal mines, smelter in China
Canada’s junior mining companies have a long-standing tradition of being at the forefront of international exploration and development. This is especially true in countries where the potential is grea…
Inmet to drill Aussie base metal find
Since the announcement of its discovery in February, Inmet Mining (IMN-T) has been drill-testing the new high-grade base metal Jaguar deposit in the Northeastern Goldfields region of Western Australia…
Dynasty gets what it bargained for at Pebble
Even though the main deposit at the Pebble copper property is considered a plum in itself, it was really the exploration potential of the surrounding 250-sq.-km land package in Alaska that sustained t…
Partners cut more kimberlite at Tichegami (August 19, 2002)
Drilling by Pure Gold Minerals (PUG-T) has cut a second kimberlite body on the Tichegami project in Quebec’s Otish Mountains region.The discovery hole targeted a well-defined airborne and ground magne…
Canadian Stock Exchange Indices (August 19, 2002)
DateAugust 13August 12August 9August 8August 7HighLowTSX Composite6528.986571.446645.926612.16…
De Beers confirms commitment to Canada
Although its roots are in South Africa, De Beers believes the emphasis given to Canadian diamond exploration is fully justified. Last year, Canada accounted for 40% of the US$73 million the company sp…
Burton named new WGC chief
James Burton will replace Haruko Fukuda as chief executive officer of the London-based World Gold Council. Currently, Burton is CEO of the California Public Employees Retirement System.Burton took ove…
Knife fight heads to court
Unable to come to terms with the Canadian exploration division of De Beers over the signing of a joint-venture agreement concerning the Knife Lake project in Nunavut, Rhonda (RDM-V) has ended discussi…
The Northern Miner — Small Producers Index (August 19, 2002)
73.71 (+2.34)(Sept. 30/98 = 100)…