News

Luscar among winners in BC rescue competition

Luscar, Cominco and Homestake Canada were the big winners in British Columbia’s Mine Rescue and First-Aid Competition, recently held in Kimberley.In simulated situations, mine rescue teams from these …


CDNX flounders as mining index takes a hit

Canada’s junior exchange closed the week ended June 27 on a down-tick. The Canadian Venture Exchange index dropped 40.53 points, or 1.2%, to finish at 3429.90. The mining index tumbled 102.43 points, …


A step in the right direction

The Tulsequah Chief project is in a breathtakingly beautiful corner of northwestern British Columbia, and its scenic splendor has worked its usual magic on environmental groups, who want to see it pre…




Stoke your engines!

Supersonic jets may one day be capable of zipping from New York to Tokyo in a couple of hours, thanks to high-velocity engines powered by, of all things, coal.Coal looks likely to be a key element in …


Dufresne new MAC chairman

Guy Dufresne will replace John Carrington as chairman of the Mining Association of Canada (MAC).Dufresne is president of Quebec Cartier Mining and chairman of Montreal-based Cambior. For 20 years, he …



Dia Met finds new leader

The long search for a new president for Dia Met Minerals (DMM-T) is over; James Rothwell will take the reins in mid-August, two weeks prior to the company’s annual meeting.James Eccott, who has been p…


Dow, gold waiting for Fed

The Dow Jones industrial average edged up 69.3 points to close at 10,504.46 for the report period ended June 27, as the market bided its time waiting for the U.S. Federal Reserve Board to decided whet…


Metal Prices (July 03, 2000)

BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJune 27June 26June 23June…


Consolidation prevails on LME

The report period June 19-23 was one of consolidation for the major metals on the London Metal Exchange (LME).Copper and aluminum briefly challenged overhead resistance mid-week, but, despite more lar…


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