PEOPLE (April 29, 2002)
Cons. Thompson-Lundmark — John Paterson appointed director.European Goldfields — Lawrence Kornze appointed director.Glencairn — Peter Tredger appointed director.Manhattan M…
News
DRC starts drilling at Afton
Vancouver — DRC Resources (DRC-V) has begun a drill program at the Afton mine property, near Kamloops, B.C.Initially, the drilling will try to extend the Afton Main zone toward the surface. The Main …
DRC settles with Banro
Banro (YBE-V) has acquired a 100% interest in four gold deposits in the Democratic Republic of Congo. Under the agreement, the DRC government retains 100% of the tin assets.The properties, known as Tw…
Ashton finds kimberlite in Coronation Gulf
Ashton Mining of Canada (ACA-T) has found a new kimberlite exposed in outcrop on the Kim property in the north Slave region of Nunavut.The newly dubbed Thrift kimberlite was found in outcrop and float…
SW Res. sells Poracota
Southwestern Resources (SWG-T) has inked a deal to sell its half-stake in the Poracota gold property in Peru to Compania de Minas Buenaventura for $7.1 million over three years.Teck Cominco (TEK-T) ow…
Wolfden drills High Lake property
Wolfden Resources (YWO-V) will launch a $2-million program of diamond drilling and airborne geophysics at its High Lake volcanogenic massive sulphide property in Nunavut’s Bathurst Inlet.The first of …
Spot Prices Wed. April 24, 2002
Precious MetalsPrice (US$/oz.)ChangeGold$304.50+$4.35Silver$ 4.48+$0.13Platinum$553.00+$…
LME Warehouse Levels (April 29, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, April 23 (change from April 16 in brackets):MetalStock (tonnes)ChangeAluminium1076725…
Daily Metal Prices (April 29, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateApril 23April 22April 19April 18April 17Aluminium13…
Syncrude pumps up oil sands production
The Athabasca oil sands deposit in northeastern Alberta hosts the single largest source of petroleum on earth, so it comes as no surprise that the region’s largest producer, Syncrude Canada, is spendi…
Golds up in U.S.
With gold trading once again above US$300 per oz., the U.S.-listed majors turned in a strong performance over the report period ended April 23.Newmont Mining advanced 99 to US$29.24; AngloGold rose $…
MOST ACTIVE ISSUES, APRIL 17-23
ExchgVol(000s)HighLowCloseChangeKinross GoldT158662.472.112.40+0.21…