Star falls at Black Lick
After processing 2,2021 tons of lamproite material, Star Resources (SRR-V) recovered only 0.38 carat of diamonds from the Black Lick prospect in Pike Cty., Ark.The bulk-sample, which captured only dia…
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Freewest inks deal with Fancamp Exploration
Montreal-based junior Freewest Resources Canada (FWR-M) is expanding its area of interest around the Clarence Stream high-grade gold discovery in southwestern New Brunswick.The company has entered int…
Wolfden tests High Lake
Drilling by Wolfden Resources (YWO-V) has intersected additional deep mineralization in the middle portion of the High Lake massive sulphide deposit in Nunavut, some 45 km from tide water on the Arcti…
Nickel takes the blows
Another poor week for base metals saw a slight reduction in the rate of inventory build-up in London Metal Exchange (LME) warehouses but no let-up to the steady downtrend in prices across most of the …
PEOPLE (August 13, 2001)
Candor Ventures — Terrence Fisher appointed chairman; Paul Chamois appointed president and director; Patrick Reid appointed secretary and director.Guyanor Resources — Michel Juilland appointed pres…
Metal Prices (August 13, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateAug.7Aug. 6Aug. 3Aug. 2Aug. 1Aluminium1356/1386…
LME WHSE LEVELS (August 13, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Aug. 7/01 (change from July 31 in brackets):MetalStock (tonnes)ChangeAluminium665175(…
BC gov’t rolls out exploration incentive
The newly elected British Columbia government has rolled out several incentives to boost mineral exploration and mining in the province, the most significant being a 20% flow-through share tax credit….
Global capital flows
A striking feature of international capital flows during the past year was the dominant position of the United States as a recipient of flows, according to a report by the International Monetary Fund …
Northern Miner Indices (August 13, 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…
TSE Shorts (August 13, 2001)
Short positions outstanding at July 31, 2001Larger individual positions include:Agnico-Eagle 399893 up 193974; Alcan Inc. 1179917 down 135266; Anderson 5,367,864 up 741,970; Barr…
Niocan raises funds
Junior Niocan (NIO-T) is raising a minimum of $1.3 million via a private placement, with proceeds earmarked for work at the Oka niobium project, west of Montreal, Que.Privately held investment company…