Partners expand Agnew Lake property
Partners Pacific North West Capital (PFN-T) and New Millennium Metals (PGM-V) will acquire several more claims in the Agnew Lake intrusion, near Sudbury, Ont.In exchange for 6.5 sq. km, the pair must …
News
Wake-up call for investors in BC exploration
Vancouver — A couple of years ago, an eastern commentator said B.C. stands for “basket case” and that the province’s exploration industry is in a coma. But if any industry is likely to survive tough …
Weaker US dollar to benefit gold
Gold will remain a financial refuge in these uncertain times and the year-old bull run in gold equities has not yet reached its peak, according to an October 15th report by HSBC.The document, compiled…
TSE Short Positions (November 12, 2001)
Short positions outstanding at October 31, 2001Larger individual positions include:Agnico-Eagle 397,538 up 106,712; Alcan Inc. 1,060,550 down 83,684; Barrick Gold 10,769,044 down 550,619;…
Daily Metal Prices (November 12, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateNov. 6Nov. 5Nov. 2Nov. 1Oct. 31Aluminium1251.50/126…
For a national securities commission
Even as Europe watches to see whether Euronext, the Deutsche Borse, or the London Stock Exchange will emerge as the continent’s major capital market, and even as Nasdaq and the American Exchange combi…
Gold used in ‘nanolaser’
Chemists at the University of California have grown the world’s smallest laser, which is one thousand times thinner than a human hair, and gold played an integral role in the process.The infinitesimal…
Banro seeks return of Congolese gold assets
Toronto-based Banro (YBE-V) will submit a proposal to government officials from the Democratic Republic of the Congo in an effort to resolve a long-standing dispute over the government’s seizure of go…
Industry opposes cyanide ban
Industry representatives in Wisconsin are taking aim at a bill that would ban the use of cyanide in mining.Opponents say the bill would needlessly kill jobs while providing no additional protection of…
BHP Billiton posts higher profit (November 12, 2001)
Vancouver — Strong prices for iron ore and increased coal sales in Asia propelled the world’s biggest mining company to a profit of US$608 million (or 10 per share) in the fiscal first quarter ended…
Tradex will highlight CIM show
The annual meeting of the Canadian Institute of Mining, Metallurgy and Petroleum, slated for April 28-May 1, 2002, in Vancouver, B.C., will once again feature the Tradex tradeshow. Tradex is expected …
Starfield proves up Ferguson Lake deposit
Vancouver — Ongoing drilling by Starfield Resources (SRU-V) has intercepted more high-grade platinum-palladium mineralization at the Ferguson Lake deposit, near Rankin Inlet in Nunavut.The latest dri…