Agnico-Eagle inaugurates Penna shaft
Rouyn-Noranda, Que. — Mine openings and expansions are increasingly rare events in this historic camp, so a few showers did not dampen the enthusiasm of more than 800 guests who gathered here to help…
News
Silver Standard hits high-grade silver
Vancouver — Junior Silver Standard Resources has cut a thick sequence of silver mineralization at its wholly owned Bowdens deposit in New South Wales, 200 km northwest of Sydney.The high-grade inters…
Breakwater dons survival gear as zinc sinks
Depressed metal prices are taking their toll on Breakwater Resources (BWR-T), with the zinc miner racking up $9.5 million in losses for the first six months of the year along with a drop in revenue to…
Partners shake on finance
Partners Boliden (BOL-T) and Swedish-listed North Atlantic Natural Resources, in which Boliden and South Atlantic Resources (SCQ-V) each own 38%, have agreed to a financing structure to bring the Stor…
Alan Coope
Alan Coope, founder of the Ottawa-based Association of Exploration Geochemists and former director of geochemistry for Newmont Mining, has died. He was 66.Coope received his doctorate degree in applie…
On-line procurer aims for 1 billion
Quadrem, the mining industry’s largest on-line procurement service, expects to rack up US$1 billion in transactions this year.Moreover, the company expects the value of transactions to escalate to US$…
Metal Prices (August 27, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateAugust 21August 20August 17August 16August…
MOST ACTIVE ISSUES, AUGUST 15-21
ExchgVol(000s)HighLowCloseChangeAlcoa*N 10919 38.50 36.05 37.40 + 0.49…
Life signs for base metals
During the report period Aug. 13-17, the base metals complex put in its strongest performance since late May, which suggests that the long downtrend in prices may be turning at last.Because the bulk o…
Canadian Arrow has quite a history
I searched the Internet for information about shares in a mine called Golden Arrow Mines Limited. My father lived in New York when he was a kid. He got some shares in this company from his mother befo…
Placer Dome cuts exploration, outlines strategy for growth
The street-driven notion that success should be measured only in ounces has fallen out of favour in the gold business, and Placer Dome (PDG-T), like most of its peers, intends to measure success with …
Starfield expands mineralization
Vancouver — Starfield Resources (SRU-V) has expanded the West zone of mineralization on the Ferguson Lake polymetallic property in Nunavut.Results from the last 10 holes of the current drilling campa…