Great Quest eyes Kenieba (August 20, 2001)
Vancouver — Great Quest Metals (GQ-V), a firm believer that gold prices will be heading higher, has added the Kenieba concession to its portfolio of gold properties in Mali, West Africa.The junior ca…
2001
Glamis benefits from Latin American expansion (August 20, 2001)
A decade ago, Glamis Gold (GLG-T) was the quintessential American gold miner, operating mostly in eastern California, where environmental standards were, and remain, among the highest in the world. Th…
New showings reported at Nunavik
Vancouver — An independent sampling program at the Nunavik copper-nickel property in northern Quebec has confirmed the presence of platinum-palladium mineralization in the Expo-Ungava deposit, with f…
METAL PRICES (August 20, 2001)
DateAugust 14August 13August 10August 9August 8BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)Aluminium1347.50…
Atlas Copco buys parts supplier
Swedish-based eqipment manufacturer Atlas Copco has bought Christensen Products, a division of Kansas-based Layne Christensen.Christensen Products is a leading supplier of diamond core drill rigs.The …
Correction (August 20, 2001)
The gold exhibit at the Pacific Mineral Museum in Vancouver, B.C., is slated to begin Oct. 1 and run until Nov. 4. Incorrect information appeared in our Aug. 6-12 issue.
High PGM prices are here to stay
Robust prices can mask a multitude of sins, though not for long in mining, the most cyclical of all major industries. Producers of platinum group metals (PGMs) seem relatively immune to the old adage,…
Hair appointed head of ICMM
Conservationist Jay Hair has been appointed secretary general of the London-based International Council on Mining and Metals, the successor organization to the International Council on Metals and the …
First-half profits lower for Cameco
Lower deliveries of uranium meant lower revenues for Cameco (CCO-T) during the three months ended June 30, but the company still showed $12.1 million in earnings (22 per share) on revenue of $138.4 m…
PEOPLE (August 20, 2001)
TGW — William Fisher appointed president.Valerie Gold– Stephen Wilkinson appointed director.
Niobec strike settled (August 20, 2001)
Hourly rated employees at the Niobec niobium mine in the Lac St.-Jean area of Quebec have returned to work following a 9-day strike. Owners Cambior (CBJ-T) and Mazarin (MAZ-T) reached an agreement wit…
Drills to turn at White Gold
Vancouver — Placer Dome (PDG-T) and Grayd Resources (GYD-V) are about to launch a 1,200-metre drill program at the White Gold property near Tok, Alaska.Placer, which is funding the program as part of…