Agnico-Eagle buoyed by Q1 profits
Agnico-Eagle Mines (AGE-T) returned to profitability in the first quarter of 2002, after finishing 2001 with a loss of US$7.7 million.Net earnings in the recent quarter totalled US$477,000 (or 1 per …
News
GREATEST VALUE TRADED, MAY 1-7
ExchgVal($000s)HighLowCloseChangeBarrick GoldT58177834.0030.7032.32+0.67…
AngloGold lowers costs (May 13, 2002)
Vancouver — In the first quarter, AngloGold (AU-N) felt the impact of the sale of its high-cost mines in South Africa as production dropped 340,000 oz. However, cash costs improved considerably to US…
Gold Fields joins Radius in Guatemala
Guatemala City, Guatemala — Recognizing the country’s geological potential for major discoveries, Gold Fields (GFI-N) of South Africa has taken an aggressive position in the early days of exploration…
News – 13-MAY-02
It isn’t academic!
Sustainable development has certainly become the hot topic. During April and May 2002, Canada played host to two major mining conventions organized around the subject.First came the annual meeting of …
New e-mail for TNM (May 13, 2002)
The Northern Miner’s editorial department has a new e-mail address: tnm@northernminer.comFor circulation inquiries, please contact us at…
Gold Funds (May 13, 2002)
Gold Funds as at May 2, 2002Dundee Precious MetalsCentral FundNet Value$21.88$5.75Price$16.75$6.16…
Partners pull gold at El Limon
Vancouver — Sixty-forty partners Teck Cominco (TEK-T) and Miranda Mining (MRM-V) continue to define a zone of gold mineralization at the El Limon prospect in Mexico’s Guerrero state. The deposit is p…
Bloom defends article
In a letter to the editor that appeared last week, William Johnson claimed that my article “Fusion key step in fire assaying for PGEs” (T.N.M., Feb. 25-March 3/02) contained a plagiarism. I feel oblig…
The legend of Henry Levac
Henry P. Levac, a well-known woodsman in the Canadian exploration community, died recently. He was 75.Levac worked with dozens of geologists, engineers and geophysicists. In the field, he was renown f…
Mining deaths rise in South Africa
Ninety-four workers died at South African mines in the first quarter — 47% more than the 64 who died in the comparable period of 2001.Health and safety inspectors have responded by threatening to clo…