Cobalt study to go ahead
The U.S. Department of Agriculture’s Forest Service (USFS) will proceed with the preparation of an environmental im…
News
Trading Summary (May 07, 2001)
The Toronto Stock Exchange edged up 40.92 points, or 0.52%, to close at 8,022.6 on Monday. Leading the way was the…
Northern Miner Indices (May 07, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T19.3ComincoCLT-T5.1FalconbridgeFL-T6.7Franco-Nevada MiningFN-T6.3Freeport McMoRan Cop’r BFCX-N6.7Homestake MiningHM-N4….
Metal Prices (May 07, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateMay 1April 30April 27April 26April 25Aluminium1560/…
Freeport steps up environmental programs
Denver — Despite increased political and social tensions in Indonesia, Freeport-McMoRan Copper & Gold (FCX-N) is forging ahead with efforts to reduce the environmental impact of its giant Grasberg co…
Placer Dome unveils value-creation strategy
Low prices have forced most gold companies to focus on their bottom line rather than on top-line growth, and Placer Dome (PDG-T) is no exception. Although this strategy produced record revenue of US$1…
Noranda dragged down by Falco
Noranda (NOR-T) saw its earnings chopped 65% in the first quarter, largely as a result of labour problems in Sudbury, Ont., and slumping metal prices.The major posted a profit of $24 million (8 per s…
Environmental imperialism
United Nations agencies, non-government organizations (NGOS) and environmental non-government organizations (ENGOs) can’t be faulted for wanting to preserve rapidly disappearing wilderness. After all,…
News – 07-MAY-01
Inco to replace Port Colborne soil
Following administrative action by the Ontario Ministry of the Environment (MOE), Inco (N-T) has launched a program to replace nickel-contaminated soils on residential properties near its old refinery…
Odds ‘n’ Sods: Remembering the ‘Queen Bee’ Viola MacMillan
The timing of my first column in a new, intermittent series examining mining personalities and major discoveries is auspicious for several reasons. From the Ground Up, the authorized biography of Viol…
PEOPLE (May 07, 2001)
Canspar — Stuart Lee appointed interim CEO.Niko Resources — William Hornaday appointed VP of operations.