Canabrava, Navigator drill Kat
Canabrava Diamond (CNB-V) and Navigator Exploration (NVR-V) have returned to the Attawapiskat area of northern Ontario to drill-test a kimberlite target on their joint venture Kat project.The target s…
News
Hecla eyes higher San Sebastian production
Better-than-expected output in the first quarter has prompted Hecla Mining (HL-N) to increase 2002 production estimates for its San Sebastian silver operation in northwestern Mexico.During the first t…
Anaconda gets serious
Anaconda Nickel, which mines laterite nickel Down Under, has agreed to sell Anaconda Industries to fellow Aussie Lynas Corp for A$5 million. (Anaconda Industries is the holding company for Anaconda’s …
Spot Prices Wed. April 17, 2002
Precious MetalsPrice (US$/oz.)ChangeGold$300.15+$1.45Silver$ 4.45-$0.11Platinum$542.00+$…
Producer and Dealer Prices (April 22, 2002)
Antimony: Mid-mkt US$1,250/t.Bismuth: Mid-mkt US$3.15/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.50-7.25/lb.Copper: Comex May US$0.726/lb.Indium: Indiu…
Canadian Stock Exchange Indices (April 22, 2002)
DateApril 16April 15April 12April 11April 10HighLowTSE 3007841.577761.317730.987688.737800.06…
LME Warehouse Levels (April 22, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, April 16 (change from April 9 in brackets):MetalStock (tonnes)ChangeAluminium1052975(…
Daily Metal Prices (April 22, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateApril 16April 15April 12April 11April 10Aluminium13…
Workers seize assets of Zimbabwean mine
Workers have seized the assets of a gold mine near Mberengwa in southwestern Zimbabwe.At presstime about 300 workers had taken control of Procter Metals stamp mill in response to alleged provocation b…
Inmet extends Aussie base metal find
Drilling by Inmet Mining (INM-T) has intercepted strong zinc-copper-silver grades at the Teutonic Bore project in Western Australia, extending the strike length of a high-grade discovery to more than …
Diamondex budgets $3-4m for exploration in ’02
Having discovered and developed the Snap Lake diamond project, which De Beers purchased in 2000 for about $480 million, the technical team of Diamondex Resources (DSP-V) is continuing to explore for k…
Silver used in bandages
Advanced Medical Solutions (AMS) of the U.K. will use silver-based fibres in its bandages following an agreement to join forces with Noble Fiber Technologies (NFT) of Pennsylvania.Silver is used as an…