Silver ‘fish’ cleans as it swims
A student has invented a solar-powered device that sanitizes water by releasing silver ions as it swims.The “fish” — aptly named by its inventor Ben Griffin, an undergraduate at Brunel University in …
News
LionOre to consolidate Aussie nickel operations (September 16, 2002)
Looking to consolidate its nickel mining interests down under, Toronto-based LionOre Mining International (LIM-T) has launched an A85-per-share bid for the 20% stake it doesn’t already own in its Aus…
Forum to discuss Aguas Blancas
At Industrial Minerals 2002, Richard Clark, president of Vancouver-based Atacama Minerals, will host a session entitled Aguas Blancas: Chile’s Newest Iodine Mine. The conference is slated for Oct. 22-…
Red Lake exploration shines
Underground drilling at the Red Lake gold mine in northwestern Ontario has cut the deepest and richest section of mineralization ever found there, reports Goldcorp (G-T).Hole 37-032AW returned an asto…
The Trouble Makers
Among the edifying spectacles of the recent World Summit on Sustainable Development were the speeches and public pronouncements of political leaders from three of the major mineral-producing countries…
Spot Prices Wed. September 11, 2002
Precious MetalsPrice (US$/oz.)ChangeGold$315.50+$2.80Silver$ 4.53+$0.06Platinum$551.50+$…
Leading indicators bleak for base metals
Assuming that the ISM is a leading indicator of IP and base metal prices, the prospects for an improving economic environment (hence rising metal demand) and stronger metal prices from current levels …
Major U.S. indexes rally
Southern markets quickly regained their composure after falling back somewhat at the start of the new month. The Dow Jones Industrial Average surged ahead 294.56 points over the report period to finis…
LME Warehouse Levels (September 16, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept. 10 (change from Sept. 3 in brackets):MetalStock (tonnes)ChangeAluminium1300725(…
TSE Short Positions (September 16, 2002)
Short positions outstanding at August 31, 2002Larger individual positions includeAgnico-Eagle 5,666,766 up 93,471; Barrick 8,356,953 down 619,950; Bema 3,540,974 up 128,100; Bras…
Placer Dome falls as it extends for Australian producer
With help from resource stocks, the Toronto Stock Exchange Composite index climbed 90.72 points over the Sept. 4-10 report period to end the week at 6,544.22.Bolstered by higher bullion prices, the go…
Junior market hits yearly low
Vancouver — A lack of buying conviction going into the first anniversary of the terrorist attacks in the U.S. pushed Canada’s junior bourse to its lowest levels of the year during the report period e…