Producer and Dealer Prices (October 08, 2001)
Antimony: Mid-mkt US$1,400/t.Bismuth: Mid-mkt US$3.60/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$8.20-9.50/lb.Copper: Comex Dec. US$0.65/lb.Indium: Indiu…
News
Canadian Stock Exchange Indices (October 08, 2001)
DateOct. 2Oct. 1Sept. 28Sept. 27Sept. 26HighLowTSE 3006839.586799.016838.566669.456654.83…
Rio Tinto’s drilling leaves partners bullish on Cukurdere’s grade potential
Reverse-circulation drilling by Anatolia Minerals Development (YMC.U-V) and Rio Tinto (RTP-N) at the Cukurdere gold project in Turkey has returned short intervals grading better than 1 gram per tonne….
Peru’s new president vows to keep mining strong
Arequipa, Peru — Mining is a pillar of Peru’s economy, and newly elected President Alejandro Toledo intends to keep it that way.Toledo, who assumed his new post in July, recently offered reassurance …
Testing the ‘safe haven’ theory
Unless an all-out investor-led recovery in gold as a “safe haven” develops, prices will likely remain subdued as a slowdown in the world economy undermines demand for items made with the yellow metal….
Metorex axes Chibuluma South
Falling copper prices and climbing processing costs have forced London-listed Metorex to pull the plug on the Chibuluma South copper mine in Zambia.The company says the high-grade deposit will be retu…
Masuparia cuts high grade at Greywacke property
Vancouver — Masuparia Gold (MPG-V) has kicked off a 1,000-metre drill program at its Greywacke project, 90 km northeast of La Ronge, Sask.The first hole intersected 22.9 grams gold per tonne over a t…
NAME CHANGES (October 08, 2001)
Silverarrow Explorations (SVI-V) has changed its name to Aladdin Resources (ADN-V) on a 1-new-for-8-old-share basis.Quattro Resources (QRO-V) has changed its name to Aldershot Resou…
Manitoba rehabilites abandoned mines
The Manitoba government will contribute $2 million toward the rehabilitation of abandoned mine sites.Industry, Trade and Mines will contribute $1 million over four years to cap and close off open shaf…
Colorado geoscience conference
The Colorado Geological Survey will host a geoscience conference Oct. 15-16 at the Doubletree Hotel in Durango.Discussions will focus on land-use planning, recognition and mitigation of geologic hazar…
NDT, Donner begin work at South Voisey’s Bay
Vancouver — NDT Ventures (NDE-V) and Donner Minerals (DML-V) have resumed work at their South Voisey’s Bay project in Labrador.Archeological work is under way, to be followed by gravity and electroma…
Gold majors advance amid general gloom
Bringing comfort to gold bugs everywhere, shares in gold producers lived up to their reputation as a safe-haven investment during the Sept. 26-Oct. 2 report period.In the three weeks of market turmoil…