McGill professor wins Derry award
Anthony Williams-Jones, a professor of earth and planetary sciences at McGill University, has won the Duncan R. Derry Medal for outstanding contribution by an economic geologist.The award is presented…
News
Spot Prices Wed. June 7, 2000
Precious MetalsPrice (US$/oz.)ChangeGold$286.05-$0.90Silver$ 5.00-$0.05…
Franco-Nevada, Gold Fields to merge
Toronto-based royalty company Franco-Nevada Mining (FN-T) and Johannesburg-based mining house Gold Fields (GOLD-Q) have announced plans to merge, thereby creating one of the world’s largest gold minin…
Junior uranium explorer picked as speculative buy
Dale Hoffman’s JNR Resources (JNN-V) was recommended as a speculative buy at 20 by Wolverton Securities analyst Tracy Hurley, based on the recent discovery of unconformity-type uranium mineralization…
Noranda cuts new zones in Matagami camp
Only two months since announcing its discovery, Noranda (NOR-T) has attached a resource to the Perseverance zinc-copper zone near its Matagami concentrator in northwestern Quebec.Inferred resources ar…
GREATEST VALUE TRADED, June 7-13
ExchgVal($000s)HighLowCloseChangeAlcoa*N 445495 61.38 27.88 28.06 – 33.32…
Nuinsco to buy Bucko Lake
Following a 13-hole drill program, Nuinsco Resources (NWI-T) has decided to enter into an option to buy Falconbridge’s (FL-T) Bucko Lake property in the Thompson nickel belt, 100 km south of Thompson,…
The need for innovation
It is marvelous to witness the growth and spread of technology, though we must be wary of the tendency to over-invest in some sectors while neglecting others.Consider mining. The industry has invested…
Producer and Dealer Prices (June 19, 2000)
Antimony: Mid-mkt US$1,105/t.Bismuth: Mid-mkt US$3.65/lb.Cadmium: Mid-mkt US$0.21/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$15.65-17.00/lb.Copper: Comex July US$0.8015/lb.Indium: I…
Summo extends Centennial deposit in Arizona
An ongoing 50-hole drill program at the SE Extension copper oxide deposit in southeastern Utah continues to yield higher-than-expected grades for owner-operator Summo Minerals (SMA-T).Covering a 2,200…
Canyon offers mineral rights to environmentalists
In an unusual, perhaps unprecedented gesture, Canyon Resources (CAU-X) is offering to sell mineral rights to nearly 1 million acres in western Montana to environmental groups.In addition, the company …
Inco to go ahead with McCreedy expansion
Inco (N-T) will proceed with a US$33-million development at one of its most productive assets, the McCreedy East nickel mine in the western portion of Ontario’s Sudbury basin.The major will develop Mc…