Taxing times
Canada’s mining industry is under siege again, this time by the federal government, which decided last year that mining and other resource sectors will not be eligible for a reduction in the basic fed…
News
News – 17-SEP-01
Cukurdere expanded (September 17, 2001)
A program of reverse-circulation, stepout drilling by partners Anatolia Minerals Development (YMC.U-V) and Rio Tinto (RTP-N) continues to expand, to the north and east, an area of gold mineralization …
VMS prospects in Elu belt
Following the acquisition of the Elu property in Canada’s northern territory of Nunavut, Sherwood Petroleum (SWD-V) has discovered a number of volcanogenic massive sulphide (VMS) showings during its i…
Falco options South Voisey’s Bay
Donner Minerals (DML-V) and Falconbridge (FL-T) have struck a deal over the South Voisey’s Bay nickel project in Labrador.The nickel major can earn a half-interest in a 624.5-sq.-km package of claims …
Nunavut open for business (September 17, 2001)
In two short years since the creation of Nunavut in April 1999, our government has begun to make significant changes in the way business is conducted in the territory.Transforming Nunavut’s unrivalled…
Northern Miner Indices (September 17, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T18.7FalconbridgeFL-T5.9Franco-Nevada MiningFN-T6.5Freeport McMoRan Cop’r BFCX-N5.3Homestake MiningHM-N6.4IncoN-T9.4Newm…
Cyandide code being developed
A cyanide management code is being developed for the gold mining industry under the auspices of the United Nations Environment Programme (UNEP) and the International Council on Metals and the Environm…
Long-awaited Viola MacMillan autobiography hits bookstores
From the Ground Up…
Metals give back August gains
After another poor week, base metals markets ended back at their recent lows and have now given back almost all of the gains made in August’s second half rally.Nickel has fared worst of all, cementing…
Market slide cut short by tragedy
Denver — Bombing of the World Trade Center in New York on Sept. 11 halted trading among financial markets already battered by bad economic news. The Dow Jones industrial average fell 391.98 points (4…
TSE down 5.5% in post-terror panic
The Toronto Stock Exchange, closing early Sept. 11 in the wake of the terrorist attacks in the United States, slumped drastically in the day’s financial panic to cap a week of losses in which the TSE …