BC mines generate profits
British Columbia’s mining industry earned $61 million in 2001, compared with a loss of $8 million in the previous year, according to a survey by PricewaterhouseCoopers.The survey notes that mining rev…
News
Barrick clears US$46m in quarter
The first quarter of the year was kind to most gold producers, including the company that probably suffered the least in gold’s prolonged slump.Barrick Gold (ABX-T) recorded a US$46-million profit for…
Breakwater’s output up
Mining of higher-grade pillars at the soon-to-be closed Nanisivik mine on Baffin Island resulted in higher production and a smaller loss for Breakwater Resources (BWR-T) in the first quarter.For the t…
Commerce Resources firms up Fir carbonatite
Vancouver — Drilling by Commerce Resources (CCE-V) in the Blue River area of British Columbia has confirmed the high-grade nature of the tantalum mineralization in the Fir carbonatite.Situated 10 km …
Noranda idles Bell Allard
Citing low metal prices and high inventories, Noranda (NRD-T) has decided to close its Bell Allard underground zinc mine for one month. The Matagami, Que., mine will be shut down beginning on June 29….
Pac Booker tables results
Vancouver — Ongoing drilling at Noranda’s (NRD-T) Morrison copper-gold porphyry deposit in British Columbia continues to show good continuity for operator Pacific Booker Minerals (BKM-V).The latest f…
Doe Run scrutinized for lead levels
Fresh air is a rare indulgence for kids in Herculaneum, Mo., these days. On the advice of health officials, street play is discouraged and most parks are off-limits until further notice. Parents may b…
Seven questions for you
It was at the World Economic Forum in 1999 that nine chief executives of major mining companies put their heads together and realized the public might have preferred those heads on a plate. Thus was b…
Responsibilities start during exploration
First impressions are often the most lasting, especially in the mineral exploration business, for first impressions can go a long way toward ensuring community support for projects.One way the industr…
Soquem sells quarter of Clearwater interest
The Quebec Crown corporation Soquem has inked an option deal that will allow Eastmain Resources (ER-T) to take over operation of the Clearwater gold project in northwestern Quebec.The memorandum of un…
Golds power US market
With gold prices firming up well above the US$300-per-oz. mark, investors in U.S.-traded gold stocks enjoyed another week of strong gains.Gold Fields shot up $1.70 to US$13.80 on heavy volume as the S…
Kalimantan Gold keeps the faith
Vancouver — At the same time that it explores its copper porphyry property in central Kalimantan, Indonesia, Kalimantan Gold (KLG-V) is demonstrating its commitment to sustainable development.In part…