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Metal Prices (October 23, 2000)

BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateOct. 17Oct. 16Oct.13Oct. 12Oct. 11Aluminium1492/150…



Corriente eyes Ecuadoran copper-gold porphyry

Junior Corriente Resources (CTQ-T) has located a copper-gold porphyry at the Mirador prospect in southeastern Ecuador.Using a lightweight mobile drill, the company drilled more than 40 holes into the …


Wheaton River benefits from higher output

Higher throughput rates and head grades propelled Wheaton River Minerals (WRM-T) to new heights during the 9-month period ended Sept. 30.Net earnings for the period topped a record $12.4 million (25 …


Aurora adds ground in Quebec

With a 14-hole drill program under way at its Midrim platinum property, near Temiscaming, Que., Aurora Platinum (ARP-V) has inked a deal to earn a 70% stake in the adjoining Belleterre property.Compri…


Barrick eyes Minaspata property

Targeting a large high-sulphidation gold system, Barrick Gold (ABX-T) has inked a letter of intent with equal partners Cambior (CBJ-T) and Southwestern Gold (SWG-T) to earn a 51% stake in the M…


PD rides copper wave

Stronger copper prices and fewer taxes enabled Phelps Dodge (PD-N) to more than double its profits in the third quarter.Net earnings in the three months ended Sept. 30 topped US$39.3 million (or US50…


Eaglecrest to extract bulk samples from San Simon

The presence of free, coarse-grained gold and difficulties related to the estimation of resources and reserves have prompted Eaglecrest Explorations (EEL-V) to extract large bulk samples from the San …


Corriente hot on Mirador property

Recent drilling by Corriente Resources (CTQ-T) suggests that the Mirador project in Ecuador may represent a large copper-gold porphyry system with strong primary copper grades and a significant gold c…


Glamis operates low-cost producer

Mining and processing are under way at Glamis Gold’s (GLG-T) San Martin heap-leach mine in southern Honduras.Situated 80 km north of Tegucigalpa, San Martin is the first mine to enter production under…


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