Southern Rio advances 3T’s property
Vanderhoof, British Columbia — Southern Rio Resources (SNZ-V) is intensifying exploration of the 3T’s low-sulphidation epithermal gold-silver project in central British Columbia, 120 km southwest of …
News
Far North beckons Cumberland
By advancing the Meadowbank project in eastern Nunavut to production, Cumberland Resources (CBD-T) is positioning itself to become Canada’s next mid-tier gold producer.Covering some 350 sq. km along a…
New Brunswick offers variety of gold environments
The recent grassroots discovery of intrusion-related gold occurrences in the southwestern area of the province highlights the potential for economic precious metal deposits in New Brunswick. Coupled w…
More capital needed to reach lofty goals at President Steyn
Welkom, South Africa — There’s a buzz of energy permeating the staid, 1960s-style boardroom which Thistle Mining (TTH-T) inherited when it purchased the President Steyn gold mine in South Africa. Aft…
The Northern Miner Indices (April 28, 2003)
North American Mining: 67.85 (+2.20)Small Producers: 63.20 (+4.69)(Sept. 30/98 = 100)…
Mixed results at Shawkey
Winter drilling at the Shawkey gold project near Val d’Or, Que., has returned lacklustre results for Western Quebec Mines (WQM-T).The junior sank 10 holes to follow up on erratic values obtained in th…
Candor options Comtois from Maude Lake (April 28, 2003)
Toronto-based junior Candor Ventures (CND-V) and Montreal-based gold explorer Maude Lake Exploration (MAU-V) have signed a letter of intent that will see Candor take up half of Maude Lake’s interest i…
Partners size up Discovery zone (April 28, 2003)
Joint-venture partners International Taurus Resources (ITS-V) and Fairstar Explorations (FFR-T) have taken delivery of SRK Consulting’s resource estimate for the Discovery zone on their Fenelon proper…
Coal miners to protest Real Beverly Hillbillies
Appalachian coal miners will go to New York City to protest a CBS “reality” television series called The Real Beverly Hillbillies unless plans for the show are canceled.Cecil Roberts, president of the…
Correction (April 28, 2003)
Etruscan Resources (EET-T) owns 51% of the Tirisano alluvial diamond mine and related properties in South Africa, not the 75% figure it has used in some news releases and which we reported in “Latest …
Lending Rates (April 28, 2003)
as of 4 pm ET, Apr. 22, 2003(%)Bank of Canada3.50Canadian Prime5.00U.S. Discount Primary2.25U.S. Fed Funds1.25U.S. Prime4.25LIBOR US$ 3-month1.32LIBOR US$ 6-month1.32LIBOR US$ 1-year1.42Gold …
US mineral output stagnant
The value of mineral-based materials produced in the U.S. in 2002 was US$373 billion, almost the same as in the previous year, according to a report from the U.S. Geological Survey.The lack of improve…