Seabed explorer Namco still struggling
Still suffering the effects of an underwater mining accident that damaged its NamSSol seabed crawler early in the year, Namibian Minerals (NMR-T) has posted a US$940,000 loss for the three months ende…
News
Age of BC ‘blondes’ clarified
I read with interest the commentary by David Lefebure regarding platinum group element potential in British Columbia (T.N.M., Nov. 12-18/01) and would like to comment on one item.In describing the cop…
Long-term outlook good for platinum group metals: book
Over the next 10 years, palladium prices will decline while platinum will reclaim its price superiority.That’s among a host of predictions offered in Platinum Group Metals: World Resources, Economics …
Gov’t hints at GSB cuts
The government of British Columbia is considering cutting or reassigning a large part of the staff of the province’s Geological Survey Branch.Energy and Mines Minister Richard Neufeld said in a televi…
NAME CHANGES (November 26, 2001)
Totem Mining (TOH-V) has changed its name to Comcorp Ventures (CVE-V) on a 1-new-for-16.9-old-share basis.Century Gold (CNT-V) has changed its name to Novra Technologies (…
Signs of hope for base metals
In the immediate term, base metals prices are in a more robust state than they have been for some time. Copper prices ended the report period Nov. 12-16 up 7.1%, aluminum was 6.7% stronger, and zinc g…
Sigma suspension weighs on McWatters (November 26, 2001)
With operations suspended at the Sigma-Lamaque open-pit gold mine in Val d’Or, Que., McWatters Mining (MCW-T) incurred a quarterly loss for the period ended Sept. 30.The loss amounted to $1.7 million …
Writedowns affect Manhattan’s earnings
Vancouver — Writedowns on the sale of its Mexican operations have prompted Manhattan Minerals (man-t) to restate losses for the 3- and 9-month periods ended Sept. 30, 2000.Excluding the charge from d…
Northern Dynasty eyes Alaskan porphyry belt
Vancouver — Large copper-gold porphyry intrusions typically occur in clusters, and Northern Dynasty Minerals (NDM-V) is hoping the area around its newly acquired Pebble deposit in Alaska is no except…
Geochemistry from a hundred metres up
Ontario-based Ekwan Technologies is hoping to take a stranglehold on what it believes will be a large emerging market for an airborne system that maps geochemical alteration over large areas. The syst…
Orezone nabs Seguenega from Repadre Capital
Toronto-based Orezone Resources (ORZ-T) has added the Seguenega gold project in Burkina Faso to its exploration portfolio in West Africa.In return for a 90% stake, Orezone issued 200,000 shares to Rep…
Golds fall again while nickel majors climb
Gold just can’t cut a break these days: spot prices fell steadily throughout the Nov. 14-20 report period to settle at a London morning fix of US$273.15 per oz. on Nov. 21. The yellow metal has lost n…