Daily Metal Prices (March 11, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateMarch 5March 4March 1Feb. 28Feb. 27Aluminium1403/14…
News
Blow to TVX in Greece casts pall over market
The final day of the Feb. 27-March 5 report period saw the Bank of England dump another 643,200 oz. gold on the open market. The bank’s latest auction fetched US$296.50 for every ounce sold and was 3….
Shear takes break in Alberta
Vancouver — Shear Minerals (SRM-V) has halted its Birch Mountain diamond exploration program in Alberta owing to the removal of winter road systems (for oil and gas companies) and a warming weather t…
Donner-Falco alliance expanded (March 11, 2002)
Vancouver — Having already teamed up to explore for nickel in the Voisey’s Bay area of Labrador, Donner Minerals (DML-V) and Falconbridge (FL-T) have agreed to a new deal aimed at exploring the proje…
Rhonda raises $1.8m for diamond exploration
Determined to explore a large land position in the heart of the Coronation diamond district in Nunavut, Rhonda (RDM-V) has raised $1.8 million in a public financing arranged through Canaccord Capital …
Slam bullish over Bathurst area project
Vancouver — A 6-hole drill program by Slam Exploration (sxl-v) has returned encouraging polymetallic values from the O’Hearn-Strachens massive sulphide property, near Bathurst, N.B.Five of the holes …
Dianor’s James Bay lamprophyres disappoint
Surface samples taken by Dianor Resources (DOR-V) from a lamprophyre dyke swarm on the Yasinski North claims in the James Bay region of northern Quebec have proved either barren or weakly diamondifero…
Starfield kicks off 2002 exploration program (March 11, 2002)
Vancouver — Starfield Resources (SRU-V) has begun mobilizing drill rigs to its Ferguson Lake copper-nickel-platinum-palladium project in Nunavut for a new round of exploration.This year’s program is …
Marine mining at Marshall Fork feature a definite success
Higher-than-expected grades and the successful commissioning of a new marine mining ship have spelled success for Trans Hex Group and Diamond Fields International (DFI-T) in a joint venture off the co…
Trading Summary (March 08, 2002)
After a strong opening, the Toronto Stock Exchange fell 47.81 points to 7,910.3 points to end the week. Just three…
Anglo active at Boyongan (March 08, 2002)
Vancouver – Partners Anglo American (AAUK-Q) and Philex Gold (PGI-V) have kicked off the 2002 drill campaign over t…
Eldorado pays down debt (March 08, 2002)
Vancouver — With its debt under control Eldorado Gold (ELD-T) intends to focus its attention on actively developin…