News


Ontario releases publication

The Ontario government has published Mineral Sector Profile, which is part of an overall effort attract mineral investment.The government hopes the publication will encourage the production of geologi…



Lending Rates (March 17, 2003)

as of 4 pm ET, Mar. 11, 2003(%)Bank of Canada3.25Canadian Prime4.75U.S. Discount0.75U.S. Fed Funds1.25U.S. Prime4.25LIBOR US$ 3-month1.23LIBOR US$ 6-month1.18LIBOR US$ 1-year1.21Gold lease 3-…


Odyssey sizes up Altintepe in Turkey

Vancouver — The inferred mineral resource for the 2G zone on the Altintepe project in northeastern Turkey is estimated to be 3.2 million tonnes grading 1.52 grams gold per tonne.Operator Odyssey Reso…


Pan Am Silver posts Q4 loss

Vancouver — A US$12.1-million charge against the operations of the Quiruvilca mine in Peru caused Pan American Silver (PAA-T) to spill red ink in the fourth quarter of 2002.The hit followed a US$15.1…



Upbeat convention may not disappoint Recovery rates

The empties cleared away, the maps rolled back up, and the carpets steamed; so endeth the latest convention of the Prospectors & Developers Association of Canada.It’s been usual, over the past few yea…


Energy production = autonomy

The impact of mining operations on communities is usually extremely positive. When the mines are operating, they are a flurry of activity, and good-paying jobs are plentiful. But when metal prices sta…


IMA reports grassroots silver find

A high-grade silver discovery in the Patagonia region of southern Argentina has IMA Exploration (IMR-V) making geological analogies between it and the Eskay Creek gold mine in northern British Columbi…


Corriente looks at smaller model (March 17, 2003)

Vancouver — An independent study gives the Mirador copper-gold deposit in southeastern Ecuador a pretax net present value of US$153 million, using a 20,000-tonne-per-day base case and a copper price …



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