Mideast crisis spells downside risks for metals
Several factors — the dearth of economic indicators that would indicate that manufacturing fundamentals are improving, the release of poor corporate financial results for the first quarter, and the p…
News
NAME CHANGES (April 22, 2002)
Asquith Resources (YAQ-V) has changed its name to AXMIN (AXM-V) on a 1-new-for-1-old-share basis.Kenrich Mining (KRC-V) has changed its name to Kenrich-Eskay Mining (KRE-V…
Drilling heats up at Meadowbank
At its 3-million-oz. Meadowbank gold project in Nunavut, Cumberland Resources (CBD-T) is spending $2.5 million on a drilling program aimed at outlining enough ounces to support a 10-year mine capable …
USGS report on Afghanistan
The gem, metal and mineral resources of Afghanistan are described in a new report from the U.S. Geological Survey.The 10-page report and its appendices list, by name and location, more than 1,000 site…
GSC marks 160 years
April 14 marked the 160th anniversary of the establishment of the Geological Survey of Canada.Those readers who were student employees in the field and laboratory will hold the GSC in special affectio…
Amplats workers end strike
Striking workers at Anglo American Platinum’s base and precious metals refineries in Rustenburg, South Africa, have returned to work after a court ruled the strikes were illegal.This follows a ruling,…
Dios finds G10 pyrope garnet (April 22, 2002)
Dios Exploration (DOS-V) has discovered a G10 pyrope garnet on the 33 Carats property in the Otish Mountains region of north-central Quebec.The company recovered five pyrope garnets from till samples …
PEOPLE (April 22, 2002)
Boliden — Roger Sundqvist appointed vp and general manager in Ronnskar.Olympus Capital — Richard Knight and Lee Graber appointed non-executive directors.
MAC awarded for GHG emissions work
The Mining Association of Canada (MAC) has received an award for its efforts to reduce greenhouse gas (GHG) emissions.The award was presented at a ceremony in Ottawa by the Voluntary Challenge and Reg…
Goldcorp packs on financial muscle
Mid-tier gold producer Goldcorp (G-T) has nearly doubled its cash reserves by selling US$144 million worth of units to a syndicate of underwriters.The bought deal, led by Griffiths McBurney & Partners…
News – 22-APR-02
Silver used in bandages
Advanced Medical Solutions (AMS) of the U.K. will use silver-based fibres in its bandages following an agreement to join forces with Noble Fiber Technologies (NFT) of Pennsylvania.Silver is used as an…