News

Producer and Dealer Prices (December 24, 2001)

Antimony: Mid-mkt US$1,130/t.Bismuth: Mid-mkt US$3.25/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.50-7.60/lb.Copper: Comex Mar. US$0.69/lb.Indium: Indiu…


Ontario names first OMET recipients

The provincial government has announced the first five projects to receive assistance under the $8-million Ontario Mineral Exploration Technologies (OMET) Program.Three of the projects will be oversee…


Output to rise at Grasberg

Vancouver — Bucking the trend of other major producers, Freeport-McMoRan Copper & Gold (FCX-N) says it expects a 7.1% increase in copper production next year at its Grasberg mine in Indonesia.Output …


CAMESE hosts booth in Russia

The Canadian Association of Mining Equipment and Services for Export (CAMESE) is inviting companies to display posters at the sixth Moscow International Mining, Exploration and Mining Equipment Exhibi…


Beryllium demand to decline

World demand for beryllium is expected to decline in 2002, according to a report from London-based Roskill Information Services.The Economics of Beryllium (sixth edition) says demand is contracting in…


Muskox to test new zones (December 24, 2001)

Muskox Minerals (MSK-V) has budgeted $6.5 million for a proposed exploration program for the Muskox platinum-palladium-copper-nickel project in Nunavut.The proposal recommends 8,500 metres of drilling…


Wayside hits gold in BC Vein

Vancouver — International Wayside Gold Mines (IWA-V) has intersected a high-grade gold interval in the hangingwall of the BC Vein on its Cariboo property, near Wells, B.C.Hole 20 was drilled at the n…





Rio Tinto drops Mogote option

London-based Rio Tinto (RTP-N) has decided to drop its option to earn up to a 70% interest in IMA Explorations’ (IM…



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