DRC insists Afton ‘economic’
I would like to address the article “DRC’s drilling tests resource below pit at Afton” (T.N.M., Nov. 20/00) and correct a number of misleading comments. The overall negative tone and inaccurate inform…
2000
GREATEST VALUE TRADED, NOV. 22-28 (December 04, 2000)
ExchgVal($000s)HighLowCloseChangeAlcoa*N 239457 28.00 25.88 27.81 +1.56…
Twin Gold gets nod for progress in northern regions
Exploration success by Twin Mining (TWG-T) has mining analysts keeping a close eye on developments at the junior’s wholly owned diamond projects: Torngat, on the Ungava Peninsula of northern Quebec; a…
Black Hawk flies high in third quarter
Black Hawk Mining (BHK-T) posted a US$901,000 profit in the third quarter of 2000 and earned US$2.2 million during the first nine months of the year. The figures are a considerable improvement over th…
Gold Fields in black
Denver — Despite a poor exchange rate for the rand, Gold Fields remained profitable in the first quarter of its 2001 fiscal year.Gold production grew 6% during the 3-month period ended Sept. 30, to 9…
The Northern Miner — North American Mining Index (November 27, 2000)
67.24 (-0.51)(Sept. 30/98 = 100)…
Polymet launches study
Polymet Mining (POM-V) has retained Tucson, Ariz.-based Independent Mining Consultants to prepare a prefeasibility study of its Northmet polymetallic project, in northern Minnesota.Situated in the Dul…
MEETINGS (November 27, 2000)
Nov. 28 Afrasia — annual; 10 a.m., Ste. 1304, 925 W. Georgia St., VancouverNov. 28 EXP Res. — annual, general; 2 p.m., Aberhart Room, Westin Hotel, 2nd Fl., 320-4th Ave., S.W., CalgaryNov. 29 Abi…
Northern gold explorers focus on adding bulk
Size matters, especially with regard to gold projects in the Far North. As the yellow metal continues to languish below US$275 per oz., gold explorers in this high-cost environment are focusing on add…
Reporting social standards
A global survey by KPMG suggests that mining companies are making good progress in their efforts to become more accountable to external stakeholders, including non-governmental organizations (NGOs).Th…
Lower sales sink Freeport in third quarter
Denver — Lower sales volumes resulted in a third quarter loss for Freeport-McMoRan Copper & Gold (FCX-N). The major incurred a net loss of US$9.2 million (or 6 per share) in the 3-month period ended…
Nickel and X-ray satellites
Burning its way into space on a column of fire last December, the world’s most powerful X-ray satellite took just 29 minutes to travel from the European Space Agency’s spaceport in Kourou, French Guia…