News



Teck Cominco eyes diamonds on Victoria Island

Vancouver — Teck Cominco (TEK-T) has inked a deal with Diamonds North Resources (DDN-V), paving the way for the world’s largest zinc producer to earn up to a 70% interest in the Blue Ice diamond prop…


John Champion

National Mining Hall of Fame welcomes six inductees

Six pioneers of the American mining industry will be inducted into the National Mining Hall of Fame in Leadville, Colo., at a ceremony on Sept. 13.The six are George Argall, Jr., John Campion, James G…


Insider Trading: Sodemex trims Aurizon account

Recent insider trading transactions reported by the Ontario Securities Commission include the following:– Agnico-Eagle Mines (AGE-T) — Leanne Baker, director, bought 2,500 shares at US$10.45 to hold…


Lending Rates (July 07, 2003)

as of 4 pm ET, July 1, 2003(%)Bank of Canada3.50Canadian Prime5.00U.S. Discount Primary2.00U.S. Fed Funds market rate1.1875U.S. Prime4.25LIBOR US$ 3-month1.11LIBOR US$ 6-month1.12LIBOR US$ 1-y…


Twenty-Five Years Ago / July 1978

PQ mum on Asbestos takeoverQuebec government spokesmen are silent on reports that a New York investment firm hired by the province to evaluate the assets of Asbestos Corp. has set a price of US$60 a s…



SWG takes aim at Liam

Vancouver — Southwestern Resources (SWG-T) has launched a 2,000-metre drill program on the Liam silver property in southern Peru.The program is designed to test diatreme breccias associated with high…


Producer and Dealer Prices (July 07, 2003)

Antimony: Mid-mkt US$2,380/t.Bismuth: Mid-mkt US$2.90/lb.Cadmium: Mid-mkt US$0.65/lb.Cobalt: Recent trades US$10.15-11.00/lb.Copper: Comex Sept. US$0.751/lb.Indium: Indium Corp., ingot, US$140/kg.Irid…




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