South Africa’s unions set to strike
The National Union of Mineworkers (NUM), the largest mining union in South Africa, and the country’s Chamber of Mines, which represents most big mining companies, are burning the midnight oil in hopes…
News
Odds ‘n’ sods: A multi-purpose shaft
The late, great prospector John “Scotty” Skodusky of Margaree of Cape Breton Island, N.S., was a dreamer.The first day I met Skodusky, in 1961, I was still a geological sprout. I phoned him and mentio…
News – 23-JUL-01
Ivanhoe finds more Mongolian metals
Exploration drilling at the Turquoise Hill project in southern Mongolia has returned more copper-gold-molybdenum porphyry for Ivanhoe Mines (IVN-T).Hole 150 bored through 590 metres (from 70 metres on…
Correction (July 23, 2001)
A recent story (T.N.M. July 16-22/01) contained incorrect information about DRC Resources’ (DRC-V) Afton property near Kamloops, B.C. The deposit holds an indicated resource of 25 million ton averagin…
Asia Pacific revises strategy for Udon Thani project
The potash industry is dominated by a handful of producers with sufficient resources to operate for centuries to come, which partially explains why new entrants are not exactly shown the welcome mat. …
RJK, Greater Lenora uncover showing
After several years of searching for the source of high-grade polymetallic boulders, partners RJK Explorations (RJX-V) and Greater Lenora Resources (GEN-T) have uncovered a new massive sulphide occurr…
Quaterra targets classic platinum play
Ketchikan, Alaska — Some 56 km north-northwest of this regional port city, Vancouver-based Quaterra Resources (QTA-V) and partner International Freegold Mineral Development () are taking platinum exp…
The Northern Miner — Small Producers Index (July 23, 2001)
49.99 (-0.56)(Sept. 30/98 = 100)…
The Northern Miner — North American Mining Index (July 23, 2001)
69.94 (+1.72)(Sept. 30/98 = 100)…
Placer Dome shuffles off Las Cristinas to Vannessa
While gold prices sat in a listless, US$265-per-oz. funk during the July 11-17 report period, there was a flurry of news from Canada’s biggest gold miners.Placer Dome announced an eleventh-hour deal t…
Junior market weaker, but some bright spots
The Canadian Venture Exchange composite index slipped 38.3 points, or 1.2%, to finish the report period ended July 17 at 3,105.28 points. The mining index was off 81.93 points, or 1.1%, at 7,373.91.Wi…