Ashton raises $2.6m
Proceeds from a $2.6-million share offering will be used by Ashton Mining of Canada (ACA-T) for ongoing diamond exploration at its projects in Quebec, Alberta, Northwest Territories and Nunavut.The Ri…
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LME Warehouse Levels (September 10, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept. 04/01 (change from Aug. 28 in brackets):MetalStock (tonnes)ChangeAluminium675875…
Solitario active in Bolivia, Brazil (September 10, 2001)
Denver-based Solitario Resources (SLR-T) has begun an 8-hole drilling campaign on its wholly owned Rincon del Tigre platinum-palladium deposit in eastern Bolivia.The program is focused on the extensiv…
Spot Prices Wed. September 5, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$271.70-$1.15Silver$ 4.19-$0.02Platinum$442.00-$…
Northern Miner Indices (September 10, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T18.7FalconbridgeFL-T5.9Franco-Nevada MiningFN-T6.5Freeport McMoRan Cop’r BFCX-N5.3Homestake MiningHM-N6.4IncoN-T9.4Newm…
Exchange Rates (September 10, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateSept. 4Sept. 3August 31August 30August 29US$ in C$1.5528Holiday1.5477…
Producer and Dealer Prices (September 10, 2001)
Antimony: Mid-mkt US$1,025/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$9.40-11.00/lb.Copper: Comex Dec. US$0.679/lb.Indium: Ind…
Pitwall slide halts production at Deep Post
Denver — Newmont Mining (NEM-N) has halted production at the Deep Post gold mine in northern Nevada following a pitwall slide on the southern side of the Betze-Post pit.The pit, which is operated by …
North American Palladium breaks new ground at Lac des Iles
Thunder Bay, Ont. — Unique by virtue of the metal it produces, Canada’s only primary palladium mine is now among the few operations to expand production when most are struggling just to survive.North…
Tiberon cuts high-grade tungsten
Vancouver — Junior Tiberon Minerals (TBR-V) continues to report solid drill results from its Nui Phao polymetallic project in Vietnam.The ongoing program is outlining the grade, width and continuity …
Noranda advances Alumysa
Noranda has filed an environmental impact assessment for its proposed US$2.78-billion aluminum and hydroelectric power project 650 km south of Santiago, Chile.The EIA for the Alumysa project cost more…
Majescor arranges financing
Junior Majescor Resources (MAJ-M) is looking to raise $2 million to explore for diamonds in northern Quebec.Dundee Securities is acting as lead agent of a syndicate, which includes Haywood Securities,…