Diamondex revs its drills
Diamondex Resources (DSP-V) is readying for a 1,600-metre drill program to test several targets on the Czar, Hillto…
News
Victoria Island diamond play gathers steam
The first batch of drill results from the Sand Piper kimberlite body is providing early encouragement for Diamonds North Resources (DDN-V) and its Victoria Island diamond play in the Canadian Arctic.W…
The Northern Miner — North American Mining Index (September 30, 2002)
74.41 (-0.23)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (September 30, 2002)
76.71 (-2.12)(Sept. 30/98 = 100)…
Lending Rates (September 30, 2002)
as of 4 pm ET, Sept. 24, 2002(%)Bank of Canada3.00Canadian Prime4.50U.S. Discount1.25U.S. Prime4.75LIBOR US$ 3-month1.79LIBOR US$ 6-month1.75LIBOR US$ 1-year1.82Gold lease 3-month0.24Gold lea…
Discouraging data dampen metals prices
Sept. 16-20 at a Glance- Copper — Chinese production rises, but net imports remain strong.- Aluminum — Company share-price declines highlight poor demand, while primary production rises.- Nickel — …
Sweden’s Storliden makes the grade
Skelleftea, Sweden — Storliden, the first new mine in Sweden in more than a decade, has begun commercial production of copper and zinc on time and under budget.Situated 140 km northwest of the city o…
Correction (September 30, 2002)
In our Sept. 23-29 issue, the caption to the photo accompanying the feature on Freewest Resources Canada (FWR-T) should have read: Exploration geologist Wayne Stewart (background) examines a trench in…
Estrella zone holds promise for National Gold
Vancouver — A scoping study suggests that, even at US$300 per oz. gold, National Gold (NGT-V) can profitably mine the Estrella zone at its Salamandra property in Mexico’s Sonora state.The study, comp…
Starfield cuts high-grade PGE interval (September 30, 2002)
Vancouver — Starfield Resources (SRU-V) has encountered a high-grade platinum-palladium intercept while doing definition drilling on the West zone at its Ferguson Lake nickel-copper project in Nunavu…
How to be a market darling
The stock markets of the Western World are back where they were at the end of July, and we can officially declare this summer’s sucker rally over.The markets’ performance has pretty much proved the be…
LionOre receives Golden Gecko
LionOre Mining International’s 80%-owned Australian-listed subsidiary, LionOre Australia (Nickel), has won Western Australia’s Golden Gecko environmental award.The award recognized LionOre Nickel’s wo…