Int’l Minerals picks up Peruvian property
International Minerals (IMZ-T) has signed an option deal to take on a property in southern Peru.The property, Pallancata, is 240 km southeast of Ayacucho in an area of Tertiary-aged volcanic rocks. Th…
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Silver Standard cuts more silver at San Marcial (September 02, 2002)
Vancouver — Silver Standard Resources (SSO-V) has intersected significant silver mineralization during an 8-hole drill program at its San Marcial silver property, 90 km east of Mazatlan, Mexico.The r…
Tiomin eyes $3m for Kwale
Tiomin Resources (TIO-T) has inked a deal paving the way for Harris Partners to use their best efforts to raise up to $3 million via a private placement of up to 15 million units.Each unit, comprising…
Muskox drills in Nunavut
Hoping to cut more sulphides enriched in platinum and palladium, Muskox Minerals (MSK-V) is drilling a large geophysical anomaly along the northern boundary of the Muskox intrusion in Nunavut.The Musk…
Andean cuts losses
With the Santa Rosa project in commercial production, Andean American Mining (AAG-V) narrowed its losses for the three months ended June 30.Andean posted a net loss of $120,458 for the quarter, compar…
Rietfontein yields broad low-grade nickel (September 02, 2002)
Vancouver — Initial drilling by Robert Friedland-led African Minerals into the western side of the Rietfontein property in South Africa has returned widespread intervals of low-grade nickel-copper-pl…
Spot Prices Wed. August 21, 2002
Wednesday August 28, 2002Precious MetalsPrice (US$/oz.)ChangeGold$310.95+$2.60Silver$ 4.50+…
Daily Metal Prices (September 02, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateAug. 27Aug. 26Aug. 23Aug. 22Aug. 21Al Alloy1221/124…
Producer and Dealer Prices (September 02, 2002)
Antimony: Recent trades US$1,800-2,000/t.Bismuth: Mid-mkt US$2.90/lb.Cadmium: Mid-mkt US$0.30/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.30-7.05/lb.Copper: Comex Dec US$0.6975/lb….
Producers rise as broad market blows
The Toronto Stock Exchange composite index began the Aug. 21-27 report period on an upswing and stayed that way until the final day, when it reversed to 6,642.83 for a modest loss of 12.46 points over…
Canada’s Venture Exchange gains ground
Vancouver — Weak consumer confidence plus the threat of rising U.S. interest rates helped bolster the gold market over the week ended Aug. 27. The TSX Venture Exchange composite index tacked on 12.45…
Casa Berardi drilling hits sulphide breccia
Drilling by Aurizon Mines (ARZ-T) at the Casa Berardi property in northwestern Quebec has intersected a zone of gold mineralization in semi-massive sulphide material east of the property’s West mine, …