Breakwater eyes Myra Falls
Breakwater Resources (BWR-T) has agreed to acquire the Myra Falls zinc-copper mine on Vancouver Island from Swedish…
News
Manhattan takes Peruvian mine dispute to arbitration
Manhattan Minerals (MAN-T) is in the midst of selecting an arbitrator in its bid to regain its option to earn a 75%…
Jackson Inlet anomalous in indicator minerals
Regional sampling across more than half of Twin Mining’s (TWG-T) holdings on the Brodeur Peninsula, on Baffin Island, has identified a dozen anomalous areas.Of the 426 samples collected, 110 contain k…
Anaconda Peru sells Magistral
Vancouver — Inca Pacific Resources (IP-V) will buy Anaconda Peru’s 51% interest in the Magistral copper-molybdenum project in Peru for US$2.1 million, boosting its stake to 100%.The deal has yet to b…
Udon not a done deal
With reference to your article on Asia Pacific Resources (T.N.M., Jan. 2-8/04), it is important to note that, according to the terms of the memorandum of understanding signed with China’s state-owned …
Daily Metal Prices (February 16, 2004)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateFeb. 10Feb. 9Feb. 6Feb. 5Feb. 4Al Alloy1530/1560…
Mining, tourism reach deal in BC
Representatives of British Columbia’s mining and tourism industries have hammered out a land-use agreement designed to restore investor confidence.A memorandum of understanding (MOU) between the two g…
Las Cruces study completed
A new feasibility study has been completed for Las Cruces, a base metal project held by a unit of MK Gold (MKAU-O), near Seville, Spain.DMT-Montan Consulting, Lurgi Metallurgie, and the Outokumpu Tech…
Canadian Stock Exchange Indices (February 16, 2004)
DateFeb. 10Feb. 9Feb. 6Feb. 5Feb. 4HighLowTSX Composite8751.518695.208638.618548.41…
Orezone extends Bondi
Reverse-circulation drilling by Orezone Resources (ORZ-T) has extended the Main zone at the Bondi project in Burkina Faso by about 1,300 metres to at least 2.1 km.Drilling at the southern end of the z…
Koidu sells initial production (February 16, 2004)
Partners DiamondWorks (DMW-T) and privately held Magma Diamond Resources have sold the first lot of stones from the recently revived Koidu project in Sierra Leone.In January, 8,099 carats of diamond w…
Broad market rises as golds and base metals heat up
With strong support from the resource sector, the S&P/TSX composite index jumped 90.81 points over the Feb. 4-10 report period to end the week at 8,751.51.Gold rose US$6.60 in overseas trading to sett…