MK Gold enters permitting stage at Las Cruces
With grades averaging 5.94% copper, there isn’t much doubt about the economics of Las Cruces, a copper project being developed by MK Gold (MKAU-O) in Spain’s Iberian Pyrite belt. But with memories of …
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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…
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…
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….
Cayeli strike hits Inmet
Recovering from a 3-month strike at the Cayeli base metal mine in Turkey, Inmet Mining (IMN-T) has posted a first-quarter loss of $3.9 million on revenue of $18.2 million.The loss, 13 per share, comp…
Mining index leads charge in CDNX rally
Vancouver — Canada’s junior exchange rallied strongly over the week ended May 1, led by a triple-digit gain in the mining index. The Canadian Ventures Exchange composite index tacked on 41.94 points,…
MAP project going strong in South America
Somewhere in southwestern South America, geologists are putting together the pieces of a giant puzzle known as the Multinational Andean Project (MAP), an international map-making endeavour.The program…
Evaluating baseline studies
The costs associated with public consultation, community involvement, permitting, and environmental baseline studies are often perceived as major impediments to mine development, and much of this perc…
Weak copper price dents Aur profits
Copper producer Aur Resources (AUR-T) watched its profits slip 34% during the first quarter, despite having its cash flow revved up by the acquisition, last November, of the Quebrada Blanca mine in Ch…
Hope Bay partners bullish on Naartok
Drill results from the Hope Bay gold project in Nunavut continue to show the potential of the Naartok-Matrim-Patch trend.Partners Miramar Mining (MAE-T) and Hope Bay Gold (HGC-T) are carrying out an i…
CanAlaska adds diamond project
Vancouver — CanAlaska Ventures (CVV-V) has acquired a diamond property northwest of the Kapuskasing Structural zone in the Superior Craton of northern Ontario.The vendors of the property discovered w…
Canyon reaches reclamation agreement
Denver — Canyon Resources (CAU-X) has reached an agreement with the Montana Department of Environmental Quality (DEQ) for the final reclamation of the Kendall mine, near Lewistown.The company, throug…