PEOPLE (July 30, 2001)
Elkhorn — Robert Trenaman appointed director.National Gold — Chester Millar, Albert Matter and James McDonald appointed directors.Plexmar — Louis Lessard appointed director.
News
Rapu Rapu closer to production
With an environmental permit in hand, Australian-based Lafayette Mining is proceeding with development of the Rapu Rapu massive-sulphide mine in the Philippines.Situated in Albay province, on the isla…
News – 30-JUL-01
US becoming reliant on imported minerals
The U.S. Geological Survey (USGS) has long been an anomaly in the Department of the Interior, particularly in the bad old days when Bruce Babbitt ruled the department with a mean green fist. The notio…
NAME CHANGES (July 30, 2001)
Canada Fluorspar Inc. (CFI-V) has changed its name to Continental Ridge Resources (KRI-V) on a 1-new-for-1-old-share basis.
That sinking feeling
Worse-than-expected industrial production data for the U.S. and the European Monetary Union (the eurozone IP moving into negative territory, year over year, for the first time at minus 0.1% in May), t…
Analyst compares Gabriel’s go-it-alone and sales options
Senior gold producers are still interested in buying non-producing companies with advanced projects . . . but not at any price, and certainly not without a hard-nosed look at project economics. That’s…
Newfoundland backs new enterprises
AUGUST 1951Under the driving force of Premier Joseph Smallwood, the Newfoundland government is pushing a program designed to broaden the provincial economy. The campaign largely revolves around promot…
Kirkland Lake to host conference
Sample preparation and laboratory safety will be among the topics discussed at CMA 2001, a conference of the Canadian Mineral Analysts, slated for Sept. 17-20 in Kirkland Lake, Ont.A trade show and se…
Partners granted Ntotoroso licence (July 30, 2001)
Equal partners Moydow Mines International (MOY-T) and Normandy Mining (NDY-T) have been granted a 30-year mining lease for the Ntotoroso gold project in west-central Ghana.Over the past four years, No…
Disc cutter under development
The Brisbane Australia-based Cooperative Research Centre for Mining Equipment and Technology has teamed up Terratec Asia Pacfic of Tasmania to develop an oscillating disc cutter (ODC).Toward that end,…
Demand for gold rises
The first quarter of 2001 saw further healthy growth in gold demand.Demand for gold jewelry and personal investment in the 27 leading gold-consuming countries rose to 826 tonnes, which is 5% higher th…