Producer and Dealer Prices (September 30, 2002)
Antimony: Recent trades US$1,980-2,300/t.Bismuth: Mid-mkt US$2.95/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.30-8.00/lb.Copper: Comex Dec US$0.709/lb.I…
News
Survey spurs Ontario exploration
Results from a lake-sediment survey completed by provincial geologists in the Lac des les-Black Sturgeon River are expected to stimulate mineral exploration in northwestern Ontario.The survey, carrie…
Greystar zooms in on Angostura
Reassured by the government’s hardened stance against armed rebels and having raised sufficient funds, Greystar Resources (GSL-T) is gearing up to renew drilling at its Angostura gold-silver property …
De Beers, Aboriginals butt heads over Victor
A planned winter program for the Victor diamond project in northern Ontario may be postponed if De Beers cannot soon reach an agreement with representatives of the Attawapiskat First Nation.Site work …
Exchange Rates (September 30, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateSept. 24Sept. 23Sept. 20Sept. 19Sept. 18US$ in C$1.58551.58451.5730…
Odyssey grabs Turkish prospect (September 30, 2002)
Odyssey Resources (YOD-V) has mobilized a drill to the Trab 23 copper-gold-molybdenum prospect, 75 km south-southeast of Trabzon on the Black Sea coast of Turkey.The company recently inked a deal to a…
Junior market hits all-time low
Vancouver — A lack of buyers combined with a wave of sell orders pushed Canada’s junior exchange to record-setting lows over the report period ended Sept. 24. The TSX Venture Exchange composite index…
La Fortuna grows again (September 30, 2002)
A new resource estimate by Noranda (NRD-T) has expanded by 72% the tonnage of secondary mineralization at the El Morro copper-gold deposit in Chile.Noranda can earn a 70% stake in El Morro from Metall…
Crystallex inks Las Cristinas deal (September 30, 2002)
Vancouver — Less than two weeks after being granted the “right to negotiate,” Crystallex International (KRY-T) and Corporacion Venezolana de Guayana (CVG) have agreed to advance the long-stalled Las …
Mines ministers split on free trade
Canada’s chief political spokesmen for the mining industry appear to be at odds over the recent Canada-U.S. free-trade agreement. In a recent interview with The Northern Miner, the federal mines minis…
Equatorial cited for work
Equatorial Mining has received an award from the state of Nevada for reclamation work on its Tonopah heap-leach copper project, 320 km north of Las Vegas.The governor’s Excellence in Mine Reclamation …
John D. Frey
John D. (Jack) Frey, a former dean of the Haileybury School of Mines, has died. He was 75.Born in Cranbrook, B.C., in 1926, he graduated from the University of British Columbia in 1949 with a B.A.Sc. …