News

Prices for base metals on the London Metal Exchange (LME) showed divergent trends during the report period Sept. 18-22. Copper, nickel and lead recovered from weakness early on, to register strong clo…

Earlier this year, Franco-Nevada Mining (FN-T) described its proposed merger with Gold Fields (GOLD-Q) as a process similar to getting married. All seemed to be going well until the South African gove…

Results from the first four drill holes of a planned 70-hole reverse-circulation program on the highly touted Luicho gold prospect in southern Peru fell well short of market expectations for Pacific R…

Canada’s resource industries basked in a rare show of government support in mid-September, underscored by a push to improve market access for metals and minerals and forestry products in Europe. And s…

After walking away from the Madison cobalt project in Missouri, junior Atna Resources (ATN-T) is focusing its attention on a deal with privately owned Kimber Resources to option a 100% interest in the…

Agnico Eagle Mines (AGE-T) will be funding a new drilling campaign by Aurizon Mines (arz-t) at the Casa Berardi gold mine in Quebec. The deal pumps $4 million cash into Aurizon and gives Agnico Eagle …

Big Valley — Dean Mason appointed director and interim president; Robert McMorran appointed secretary and administration manager.Bolivar Goldfields — Christopher Pyle appointed director.DRC Res. — …

I read with mixed emotions the article “Bald Mountain study shows uses of baseline data” (T.N.M., Sept. 11-17/00), which dealt with the Bald Mountain deposit in Aroostook Cty., Me. Although the articl…

The attitudes people have toward work vary greatly. For some, a job is a necessary evil; for others, it is a source of great satisfaction. Those that love their work and find it life-affirming are the…

Trivalence Mining (TMI-V) has generated proceeds of US$4.7 million by selling 11,727.6 carats of rough diamonds produced at the company’s 85%-owned Aredor mine in Guinea, West Africa.Trivalence says i…

Precious MetalsPrice (US$/oz.)ChangeGold$274.75+$3.65Silver$ 4.90+$0.04…

Dundee Precious Metals — Wt buys C1 A sh @ $25.00 to Feb 20/04.Elk Point Resources — Wt buys sh @$7.00 to Oct 13/00Franco Nevada — Wt…