Producer and Dealer Prices (April 01, 2002)
Antimony: Mid-mkt US$1,250/t.Bismuth: Mid-mkt US$3.20/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.40-6.90/lb.Copper: Comex May US$0.7455/lb.Indium: Indi…
News
Pezim back in Corona fold
West-coast entrepreneur Murray Pezim and Galveston Resources have called off their legal action against International Corona Resources, Royex Gold Mining and related companies.At the same time, Pezim …
Sherwood does Hope Bay diamond deal
Sherwood Mining (SWD-V) has inked a letter of intent with Miramar Mining (MAE-T) and Hope Bay Gold (HGC-T) to earn up to a 70% interest in any diamondiferous bodies discovered on the 80-km-long…
Vannessa seeks arbitration at Las Cristinas
Following a ruling by the Supreme Court of Venezuela in its favour, Vannessa Ventures (VVV-V) says it is confident it will be allowed to develop the Las Cristinas gold mine.The government of Venezuela…
Fronteer in deal with Aurion
Australian-listed AurionGold has entered into an agreement to explore and develop properties held by Fronteer Development Group (YFV-V) in the Red Lake-Birch Uchi district of northwestern Ontario.Auri…
Financings top up juniors’ treasuries
Vancouver — With investor interest in gold and base metal stocks picking up, several juniors are adding much-needed funds to their coffers by issuing shares.In an effort to speed up development of th…
Gold Funds lead pack
U.S. mutual funds that invest in shares of gold mining companies outperformed all other sector categories in 2001, bolstering a long-standing belief that investor portfolios are more stable when a gol…
Outokumpu rethinks Tara sale
Finnish miner Outokumpu has held talks with several firms regarding the sale of its 200,000-tonne-per-year Tara zinc mine in Ireland but will not confirm reports that Inmet Mining (IMN-T) is a potenti…
Majescor cuts narrow kimberlite intercepts
Drilling by Majescor Resources (MAJ-V) on the Wemindji project on the eastern side of James Bay in northern Quebec has intercepted dyke-like intervals of kimberlite in two holes.The junior drilled fiv…
Ashton begins work at Potentilla kimberlite pipe
Ashton Mining of Canada (ACA-T) has begun an exploration program on the Kikerk Lake property in the north Slave Craton region of Nunavut.The program will entail collecting a mini-bulk sample from the …
Western Copper moves ahead at Penasquito
Vancouver — Western Copper Holdings (WTC-T) is about to launch a 6,800-metre drill program on its Penasquito silver property in Mexico’s Zecatecas state, following tests which indicate potential for …
Lower-grade Freightrain yields gem-quality stones
Mini-bulk kimberlite samples gathered by Twin Mining (TWG-T) from six sites across the surface expression of the Freightrain prospect at the northern tip of Baffin Island have yielded an assortment of…