Venture Exchange eases back after gains
Stocks on the TSX Venture Exchange slumped in the last two trading days of the reporting period Feb. 18-24, leaving the S&P-TSX Venture composite index at 1,863.61 points, down 67.90 points or 3.5% of…
News
People (March 01, 2004)
Apollo Gold — Melvyn Williams appointed senior VP of finance and corporate development.Crystallex — Ron Colquhoun appointed VP of technical services; Brendan Burke appointed project manager; John Bi…
Feasibility drilling enhances Mirador
Drilling by Corriente Resources (CTQ-T) has confirmed the presence of high-grade copper mineralization in a portion of the Mirador deposit in southeastern Ecuador.Hole M65 returned 42 metres grading 1…
Diamonds North scours eastern Nunavut
Following up on promising kimberlite indicator mineral chemistry, Diamonds North Resources (DDN-V) has joined the diamond hunt in eastern Nunavut.Last fall, the company staked a large block of claims …
Tantalum
Tantalum-bearing minerals are found predominantly in Australia, the tin belt of Southeast Asia, Brazil, Canada, and a few countries in central Africa. Resources also occur in parts of China and the fo…
Gold searching for support
London-based Gold Fields Mineral Services (GFMS) predicts gold prices will continue rallying during the first half of 2004, perhaps surpassing US$450 per oz. before the end of June. The consulting fir…
Wheaton River on a roll
It doesn’t get much better than this — a 325% increase in production, a 66% reduction in cash costs, and a 600% reserve increase. And all in the space of a year.Wheaton River Minerals (WRM-T) produce…
Dentonia acquires Atkinson gold project
A newly acquired land package in Ontario’s Abitibi greenstone belt should provide plenty of exploration targets for Dentonia Resources (DTA-V).In early February, the company received regulatory approv…
Falco workers ink new deal (March 01, 2004)
Falconbridge (FL-T) expects mining and milling at its Sudbury operations to resume to normal levels before the end of March, now that employees have ratified a new 3-year labour pact.During the strike…
Diamond Fields resurfaces in Namibia
Shares in Diamond Fields International (DFI-T) shot up a dime, or about 15%, to 78 on Feb. 19, after the company announced an agreement with Samicor Mining Services that paves the way for a resumptio…
Finding a little energy
Take a walk around and it’s not hard to find someone that’s aware of the big change in the gold market; over the last three years gold has rebounded off a low of US$255.95 per oz. and the general publ…
LME Warehouse Levels (March 01, 2004)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb. 24 (change from Feb. 17 in brackets):Aluminium1392875(-11500)Aluminium Alloy64840…