News


US metal output slips

Many indicators reflect a rebounding U.S. economy: rising consumer confidence, higher retail sales, greater industrial production, and more new home starts. Yet production from metal and industrial mi…


Fernando Bearzi

Fernando Bearzi, known as the logistical expert in Argentina, has died of complications following surgery there.In the 1990s, Bearzi provided logistical support for miners working in the country via h…


Suppliers Roundup (March 08, 2004)

ALS expands in South AfricaALS Chemex is preparing to open a new, full-service lab in Johannesburg.The lab will service the growing need for sample analysis in Africa and help ALS Chemex expand its pr…


Teck Cominco declares force majeure at Trail

Teck Cominco (TEK-T) has declared force majeure on deliveries of refined lead from its Trail smelter in southeastern British Columbia.An explosion inside the Kivcet lead furnace at Trail caused extens…


Western Keltic acquires Kutcho Creek in BC

Western Keltic Mines (WKM-V) will perform exploration drilling on its newly acquired Kutcho Creek project in northern British Columbia.The Kutcho Creek volcanogenic massive-sulphide deposit is one of …


Azure active at Meguma

Vancouver-based Azure Resources (AZR-V) is underground on the Mooseland project, 70 km north of Halifax, where it recently took a bulk sample of more than 2,000 tonnes from the Irving, Little North an…


Fronteer raises $6m for exploration

Vancouver — Fronteer Development Group (FRG-T) intends to raise $6 million through a private-placement financing, with most of the proceeds earmarked for exploration in Labrador and Red Lake. The fin…


Aquiline expands Argentine project

Drilling by Aquiline Resources’ (AQI-V) at its Calcatreu gold-silver project in Argentina has extended a zone of high-grade mineralization to more than 700 metres.The latest, 13-hole program targeted …


Vantex reports hot hole at Guillet

Some impressive gold grades from the Guillet property in Temiscamingue, Que., sent shares of Vantex Oil, Gas & Minerals (VTX-V) soaring on Feb 25.Hole 70 returned 13.3 metres grading 40.7 grams gold p…


Daily Metal Prices (March 08, 2004)

BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateMarch 2March 1Feb. 27Feb. 26Feb. 25Al Alloy1570/160…


Constellation goes supernova

The Toronto Stock Exchange’s S&P-TSX composite index rose steadily over the Feb. 25-March 2 report period, ending 170.7 points higher at 8,808 despite a 1.5% drop at the period’s end. The gold index m…


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