NovaGold expands Acma target
Vancouver — Recent drill results suggest that NovaGold Resources (NRI-T) is succeeding in defining a small but high-grade deposit within the larger resource at its Donlin Creek deposit in Alaska.Situ…
News
Solitario goes solo
Now going it alone, Solitario Resources (SLR-T) plans to begin 2,000 metres of drilling at the Pedra Branca palladium-platinum project in northeastern Brazil.This past summer, Rockwell Ventures (RCW-V…
Eastfield hits high grade at Lorraine
Vancouver — Eastfield Resources (ETF-V) has tabled encouraging results from two more holes drilled on the Lorraine copper-gold-palladium property in north-central British Columbia.This year’s program…
Giant mine gets extension
The Federal Department of Indian Affairs and Northern Development (DIAND) and a wholly owned subsidiary of Miramar Mining (MAE-T) have signed an agreement to extend the life of the Giant gold mine nea…
Rubicon, AngloGold report hot holes at Slate Bay
VANCOUVER — A 1,600-metre drill program by Anglogold (AU-N) and Rubicon Minerals (RMX-V) has returned encouraging gold values from the Slate Bay target in Ontario’s Red Lake district.The project is 1…
Spot Prices Wed. November 14, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$277.55-$2.95Silver$ 4.18+$0.03Platinum$430.00+$…
LME Warehouse Levels (November 19, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 13/01 (change from Nov. 6 in brackets):MetalStock (tonnes)ExchangeAluminium694150…
Exchange Rates (November 19, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateNov. 13Nov. 12Nov. 9Nov. 8Nov. 7US$ in C$1.5981na1.60211.5981…
Franco, Normandy rise on Newmont bid
Gold prices experienced two mini-rallies during the Nov. 7-13 trading period before settling down to a trading range of US$277-278 per oz.The first spike came on the morning of Nov. 12 following the c…
Canadian Stock Exchange Indices (November 19, 2001)
DateNov. 13Nov. 12Nov. 9Nov. 8Nov. 7TSE 3007324.447223.887209.697140.797147.259661.52…
Glamis Gold builds on profitable performance
Vancouver — Improved production at the Rand mine in southern California helped Glamis Gold (GLG-T) post its fourth straight quarterly profit.Earnings for the third quarter totalled US$600,000 (or US1…
PGM traffickers cuffed
Johannesburg-based Business Day reports that local police have closed in on criminal syndicates suspected of stealing and trafficking in platinum group metals. Authorities arrested 40 people in the Ru…