Placer opts out of Nyanzaga
Vancouver Placer Dome (PDG-T) has elected to drop the once promising Nyanzaga gold project in the Lake Victoria G…
News
Trading Summary (July 07, 2003)
Toronto’s diversified miners added 2.39 points, or nearly 2% of value, to end at 130.04 on Monday, helping the broa…
Hawk lands at AfriOre’s FSC deposit
Toronto-based Hawk Precious Minerals (hawk-u) has agreed to take up to a half-interest in AfriOre’s (AFO-T) 1,090-sq.-km FSC gold project in South Africa.Hawk can earn an initial 35% by paying $20,000…
LME Warehouse Levels (July 07, 2003)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 1 (change from June 24 in brackets):MetalStock(tonnes)ChangeAluminium1142200(+27…
Exchange Rates (July 07, 2003)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJuly 1June 30June 27June 26June 25US$ in C$Holiday1.35531.34891.3…
Ashton finds 4-carat diamond (July 07, 2003)
While preparing to process a kimberlite breccia sample taken this past winter during mini-bulk sampling on the Renard 65 pipe in the Otish Mountains of Quebec, Ashton Mining of Canada (ACA-T) found a …
Editorial Cartoon (July 07, 2003)
USEPA statistics put mining in a bad light Please release me
Horrors! Those hideous mining barons are at it again. How can they be so callous?When they’re not suffering from the vapors over Iraqi quagmires and museum lootings, speculating on which ex-spouse wil…
Jewelry slump casts pall over gold market
(The following is from The Commodity Refiner, a monthly publication of Barclays Capital Research, and is concerned with gold and silver metals markets. Subsequent instalments will cover platinum group…
Bema cuts Russian high grade (July 07, 2003)
All but one of 43 holes drilled by Bema Gold (BGO-T) on the Kupol property in Chukotka, Russia, have intersected a 4-km-long epithermal gold-silver vein system.The program tested a 1.6-km portion of t…
Teck Cominco eyes diamonds on Victoria Island
Vancouver — Teck Cominco (TEK-T) has inked a deal with Diamonds North Resources (DDN-V), paving the way for the world’s largest zinc producer to earn up to a 70% interest in the Blue Ice diamond prop…
National Mining Hall of Fame welcomes six inductees
Six pioneers of the American mining industry will be inducted into the National Mining Hall of Fame in Leadville, Colo., at a ceremony on Sept. 13.The six are George Argall, Jr., John Campion, James G…