Anooraq rides bulk-tonnage prospects
Vancouver — The Bushveld igneous complex in South Africa has long been known to host high-grade platinum group metal (PGM) deposits, but in recent years the discovery of large, lower-grade prospects …
News
Heathgate co-operates with Australian inquiry
The operator of the Beverley uranium mine in South Australia has agreed to surrender an environmental impact report to a Senate inquiry investigating a mine spill that occurred in January 2002.Adelaid…
Wolfden, First Au eye Argosy
Vancouver — Partners Wolfden Resources (YWO-V) and First Au Strategies (FAV-V) are preparing to drill-test the once-productive Casummit gold property in the Red Lake mining camp of northern Ontario.T…
PEOPLE (October 14, 2002)
Alcan — William Loomis Jr. appointed director.Anglo American — David Hathorn, Andrew Thompson and Simon Thompson appointed directors.Crew Development — Wolf Seidler appointed COO.
Producer and Dealer Prices (October 14, 2002)
Antimony: Recent trades US$3,200-3,300/t.Bismuth: Mid-mkt US$2.90/lb.Cadmium>: Mid-mkt US$0.31/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.00-6.80/lb.Copper: Comex Dec US$0.6645/lb…
Daily Metal Prices (October 14, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateOct. 8Oct. 7Oct. 4Oct. 3Oct. 2Al Alloy1210/1210…
Benchmark’s woes cast shadow over resource sectors
The Oct. 14-20 report period saw the Toronto Stock Exchange plunge to levels not seen in four years as the proposed U.S.-led war on Iraq gained steam and the banking and high-tech sectors issued more …
Junior market takes it on the chin
Vancouver — Halloween came early for investors in Canada’s junior exchange as sellers drove the market to yet another 52-week low during the report period ended Oct. 8. The Standard & Poor’s-TSX Vent…
Striking miners shot in Johannesburg
Two security guards at a mine near Johannesburg were charged after allegedly opening fire on striking miners, killing two and injuring 14 others.The miners had been trying to pull down a fence to gain…
Rio Tinto wins employment award in Australia
Rio Tinto has won the Australian government’s Outstanding Organization award for providing jobs to Aboriginals Down Under.At the awards ceremony in Canberra, Employment Minister Tony Abbott said the L…
Mindoro begins drilling
Vancouver — Mindoro Resources (MIO-V) has launched a 1,100-metre drill program at the Valderam a zone, part of its Pan de Azucar copper-gold project in the Philippines.Last year, in partnership with …
TSE Short Positions (October 14, 2002)
Short positions outstanding at September 30, 2002Larger individual positions includeAber Diamond 266,148 up 166,101; Agnico-Eagle 5,281,468 down 638,517; Alcan 807,019 down 297,537;…