2001

Gold Funds (December 31, 2001)

Dundee Precious MetalsCentral FundNet Value$13.47$5.41Price$9.30$5.16Discount30.964.6Value$94,293,000$105,193,131…


Antamina opening highlight of 2001

Vancouver — Despite the lacklustre performance of commodity prices and a weakening of the global economy, the mining sector put several mines into production and managed to expand some current operat…





War Eagle advances Mac tantalum property

Vancouver — War Eagle Mining (WEM-V) has released encouraging results from its Mac tantalum property in the Mackenzie Mountains of the Northwest Territories.The 45-sq.-km property features a tantalum…


PEOPLE (December 31, 2001)

AMT International — Karine Simoes and Dora Santschi appointed directors.Boulder — Nelson Baker appointed vice-president exploration and John Magee appointed vp corporate development.Crew Developm…


Majors sink with Metal Prices

An easing of base and precious metal prices during the week before Christmas resulted in a broad decline in producers stocks.Southern Peru Copper was off 14 to US$11.16 as it placed US$73 million wor…


Exploration companies tightened belts in 2001

With prices for base and precious metals sagging, funding for exploration has become scarce, a fact borne out by Halifax-based Metals Economic Group’s latest study of exploration budgets for 679 compa…



Tiberon expands Nui Phao deposit (December 31, 2001)

Vancouver — Assay results from 11 stepout holes have expanded, to the east, west and south, the Nui Phao tungsten deposit in Vietnam. The property is in the country’s northern region, near Hanoi.Tibe…


Grassroots mineral exploration withered in past year

In 2001, metal prices fell to some of the worst levels ever, so junior explorers can be forgiven if virtually the only thing they developed in 2001 was the blues.New venture capital all but dried up, …


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