Base metals demand poised to improve
While the main global themes of collapsing equity markets and dollar weakness continue to dominate the headlines, it is perhaps not surprising that some positive developments in base metals raw materi…
News
High River eyes more Russian gold
High River Gold Mines (HRG-T) has inked a deal to acquire the Berezitovoye project in the Amur region of southern Siberia, from a Russian company, Khaikta Ltd.Under the deal, High River will issue Kha…
Tagish Lake drills Skukum
Tagish Lake Gold (TLG-V) has dewatered the underground workings at the Skukum Creek property, 80 km south of Whitehorse, Y.T., in preparation for drilling.A structurally controlled, polymetallic gold-…
Pacific Minerals drill-tests 217 Gold project
Pacific Minerals (PMZ-V) will oversee a 5,000-metre program of diamond drilling on the 217 Gold project in Inner Mongolia.Crews will test the main Northeast Gold zone, which is 1,600 metres long and u…
News – 22-JUL-02
Poor values and volatile prices Risk without wealth
Exit, pursued by a bear.ShakespeareA Winter’s Tale, III-3/57At the time of writing, the North American stock markets are plumbing new depths in the sustained selloff of stocks that began in March of 2…
‘Super’ flow-through shares update
COMMENTARY/PDACThe tax credits produced by “super” flow-through shares appear to have had a positive impact on the mineral exploration industry but still fall short of the expectations of the Prospect…
Alcan closes Bracebridge plant
After 32 years, Alcan Aluminum has closed its cable-making plant in Bracebridge, Ont.Copper wire accounted for 70% of the plant’s output, and Alcan blames the closure on a continued slump in demand fo…
Hecla ups 2002 production targets
Continued operating success at the La Camorra gold mine in Venezuela and the San Sebastian silver mine in Mexico’s Durango state is allowing Hecla Mining (HL-N) to revise its production estimates for …
N. Dynasty tags new zones at Pebble
Large alteration halos associated with copper-gold porphyry deposits often host a wide array of mineralizing styles, and the 89-sq.-km Pebble system in southwestern Alaska is no exception: a 5,300-met…
Lac des les output rises
Operational improvements and higher throughput rates at the Lac des les palladium mine in northwestern Ontario are translating into more metal production for North American Palladium (PDL-TO).The mil…
Trans Hex weighs anchor at Marshall Fork
An internal dispute between Trans Hex Group of South Africa and Diamond Fields International (DFI-T) has ended their joint venture in Namibian coastal waters a little more than a year after it began.O…