News

Holidays prove good for gold

Denver — The Dow Jones industrial average climbed 108.07 points, or 1%, to close at 10,692.44, during the holiday-shortened report period ended Dec. 26.Spot gold jumped to US$274.10 on the Comex divi…





Metal Prices (January 01, 2001)

DateDec. 26Dec. 25Dec. 22 Dec. 21Dec. 20BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)AluminiumHolidayHoliday1559/15571534.50/1535.501575/1573.50A…


Gabriel exec cashes in warrants

Recent insider trading transactions reported by the Ontario Securities Commission in its OSC Bulletin include the following:- Copper Ridge Explorations (KRX-V) — Gerald Carlson, director, bought 3,50…




Cumberland gets $1.3m

Cumberland Resources (cbd-t) has closed a private placement for 1.2 million units that will bring in about $1.3 million for work at the Meadowbank gold project in Nunavut.A million of the units are be…


Rio outlines diamond project

Denver — Rio Tinto (RTP-N) has tabled a new resource estimate for the Murowa diamond project in south-central Zimbabwe.A feasibility study confirms the presence of mineralization in three kimberlites…


Discoveries by McWatters, Noranda highlight 2000

The dreary state of metal markets failed to deter several domestic explorers from advancing their projects in 2000. Leading the pack was McWatters Mining, which began the year with a fourfold increase…


Ranger ups stake in General

Denver — Australia’s Ranger Minerals has agreed to a second private placement in General Minerals (gnm-t), giving it a controlling stake in the Denver-based junior.Ranger will buy an additional 15 mi…


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