Union says no to Falco
The 5-week strike at Falconbridge’s Sudbury operations is showing no signs of ending.The union was presented with an amended offer on the Labour Day weekend, but on Sept. 5, the union’s leaders unanim…
2000
News – 11-SEP-00
Miners shine over long weekend
For the holiday-shortened week ended Sept. 5, the Dow Jones industrial average rose 45.51 points, or 0.4%, to close at 11,260.61 in light trading.Mining issues enjoyed gains as gold climbed back after…
Northern Miner Indices (September 11, 2000)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T22.7ComincoCLT-T3.8FalconbridgeFL-T7.0Franco-Nevada MiningFN-T5.8Freeport McMoR…
South Malartic picks up Nevada gold property
With an active exploration program at the Croinor gold prospect in northwestern Quebec, South Malartic Exploration (MSU-M) has looked to Nevada for another property acquisition in the Battle Mountain …
LME Warehouse Levels (September 11, 2000)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept. 5/00 (change from Aug. 29 in brackets):MetalStock(tonnes)Change…
MOST ACTIVE ISSUES, Aug. 30-Sept. 5
ExchgVol(000s)HighLowCloseChangeWilliam ResT 13653 0.20 0.17 0.18…
Correction (September 11, 2000)
The Kolwezi tailings project in the Democratic Republic of Congo contains an updated resource of 112.8 million tonnes grading 1.49% copper and 0.32% cobalt. The project is held by America Mineral Fiel…
Finding solutions to ARD
One of the most serious environmental challenges for the mining industry is acid rock drainage (ARD).ARD occurs naturally through the physical and chemical weathering of rocks that contain metal-sulph…
SouthernEra plans drilling
SouthernEra Resources (SUF-T) will drill a single hole at its MacKay Lake property in the Northwest Territories in order to test the possible northeastern extension of the NW Snap Lake dyke.Recently, …
Record tonnage keeps Bema hopeful
Although lower gold production prevented Bema Gold (BGO-T) from posting a profit during the second quarter, the company hopes to reap the benefits of two consecutive quarters of record throughput duri…
Anatolia proves up porphyry prospect in Turkey
Anatolia Minerals Development (AMCD.U-C) is encouraged by results from channel-sampling carried out on two subparallel traverses on the Cukurdere porphyry-skarn prospect in eastern Turkey.The upper tr…