Subject: miningnews . net newsletter - friday , january 23 , 2004
friday , january 23 , 2004 miningnews . net
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straits to partially hedge whim creek output
straits resource says it will look to hedge some of the copper due to be produced at its yet - to - be developed whim creek project at prices above $ 1 . 50 a pound .
. . ( 23 january 2004 )
full story
strong quarter for equigold
seasoned gold producer equigold has delivered shareholders another good quarter at its australian operations , topped off by some strongly mineralised drill intersections at its bonikro project in cote d ivoire including 22 m grading 14 . 86 gpt from 95 m depth . . . ( 23 january 2004 )
full story
sipa steps up exploration efforts
sipa resources international produced 22 , 178 ounces of gold at cash costs of $ 367 / oz last quarter at its mt olympus project , and says it will know by the end of the month whether processing of a further 105 , 000 oz is viable . . . ( 23 january 2004 )
full story
breakaway weighs eloise options
breakaway resources has told the australian stock exchange it is considering various options for the troubled eloise copper mine in queensland , including a partial or full disposal of the asset . . . ( 23 january 2004 )
full story
iron ore price rise to slug japanese steel makers us $ 5 - 6 bn
higher commodity prices , especially for iron ore , will cost japan ' s steel industry between us $ 4 . 7 billion and us $ 5 . 6 billion next financial year . . . ( 23 january 2004 )
full story
norilsk warns against high platinum prices
higher world platinum prices could jeopardise the future of the metal , according to a senior executive from russia ' s leading producer of the platinum , norilsk nickel . . . ( 23 january 2004 )
full story
sa not doing enough for black business : report
white - controlled organisations , including mining companies , doing business in south africa have been served another warning that they will need to hand over more control to the black majority . . . ( 23 january 2004 )
full story
mali gold output down 21 %
gold production in mali , the third biggest source of gold in africa , fell by 21 % in 2003 , according to the latest government figures . . . ( 23 january 2004 )
full story
us court backs epa on red dog mine
teck cominco has suffered another defeat at the hands of us environmental regulators , this time over the type of diesel - power generator at its red dog zinc mine in alaska . . . ( 23 january 2004 )
full story
medusa options king , queen projects
medusa mining said it has signed options to purchase the king and queen copper - silver - gold projects near queenstown in tasmania . . . ( 23 january 2004 )
full story
tahmoor progresses despite gas issues
gas issues at austral coal ' s tahmoor colliery impacted longwall and development operations this quarter , but the mine managed to remain on schedule for the commencement of the tahmoor north longwall panel . . . ( 23 january 2004 )
full story
tracking mining health
the queensland government mines inspectorate is in the process of redefining its role in relation to the health of mine workers with a proposal on the table to introduce a revamped health surveillance scheme . brian lyne , chief inspector of coal mines with the queensland mines inspectorate , believes the new system will contribute to a step change in safety performance in the mining industry . . . ( 23 january 2004 )
full story
xstrata copper management shake - up
xstrata copper chief executive charlie sartain last week announced a management reshuffle following the merger of the london - listed group ' s australian and south american copper businesses into a single unit . . . ( 23 january 2004 )
full story
argosy recovers namaqualand diamonds
perth - based junior argosy minerals says it has recovered diamonds from eight out of nine drill holes in the megalodon channel on its albetros project in namaqualand , south africa . . . ( 22 january 2004 )
full story
tritton holds out for higher prices
tritton resources is holding off hedging any of its future copper production in the belief that there ' s plenty more upside in the red metal . . . ( 22 january 2004 )
full story
phelps upgrade reflects better prices , fundamentals
standard & poor ' s has revised its outlook for phelps dodge to stable from negative to reflect improvements in copper prices and industry fundamentals . . . ( 22 january 2004 )
full story
alcoa , anglo to publish greenhouse emissions data
some of the world ' s biggest miners , including alcoa and anglo american , are to publish their greenhouse gas emissions on a new website that will begin operating thursday . . . ( 22 january 2004 )
full story
caterpillar continues chinese has reached a further beachhead in its march into the key market of china , producing its 10 , 000 th hydraulic excavator in the country . . . . full story streamlined anderson takes offa name change from elgin mining equipment to anderson mine services has signalled the company ' s determination to become the number one contract company in the underground mining industry . . . . miningnews . net ' s e - newsletter
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