Silver Standard hits high-grade silver
Vancouver — Junior Silver Standard Resources has cut a thick sequence of silver mineralization at its wholly owned Bowdens deposit in New South Wales, 200 km northwest of Sydney.The high-grade inters…
News
Alan Coope
Alan Coope, founder of the Ottawa-based Association of Exploration Geochemists and former director of geochemistry for Newmont Mining, has died. He was 66.Coope received his doctorate degree in applie…
New zone at Campbell Red Lake
Already a highly profitable and important young gold producer, Dome-directed Campbell Red Lake Mines has been opening up an entirely new type of deposit that could well establish it as one of the rank…
Canadian Arrow has quite a history
I searched the Internet for information about shares in a mine called Golden Arrow Mines Limited. My father lived in New York when he was a kid. He got some shares in this company from his mother befo…
Placer Dome cuts exploration, outlines strategy for growth
The street-driven notion that success should be measured only in ounces has fallen out of favour in the gold business, and Placer Dome (PDG-T), like most of its peers, intends to measure success with …
Starfield expands mineralization
Vancouver — Starfield Resources (SRU-V) has expanded the West zone of mineralization on the Ferguson Lake polymetallic property in Nunavut.Results from the last 10 holes of the current drilling campa…
South Africa’s mining lobby
South African Chamber of Mines is an organization that exists not only to conduct wage netotiations on behalf of its mining industry members. Indeed the chamber’s primary function is to act in the pub…
Explosion at Ukraine coal mine claims 47
The death toll following a methane gas explosion at a coal mine in the Donetsk region of western Ukraine has risen to 47 after a fire burning about 1 km below the surface prevented rescuers from reach…
LME Warehouse Levels (August 27, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Aug. 21/01 (change from Aug. 14 in brackets):MetalStock (tonnes)ChangeAluminium674100…
Spot Prices Wed. August 12, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$277.25+$0.90Silver$ 4.17-$0.07Platinum$447.00+$…
Interest rate cut falls flat
Denver — Financial markets sank in response to the U.S. Federal Reserve’s latest quarter-point interest rate cut, sending the Dow Jones industrial average down 238.03 points, or 2.3%, for the report …
Magistral drilling pulls high-grade copper
Vancouver — Junior Inca Pacific Resources (IP-V) and its partner, Anaconda Peru, have completed 80% of a 14,000-metre drill program at the Magistral copper porphyry-skarn property in the South Americ…