Partners table Platosa resource estimate
Excellon Resources (EXN-V) and Apex Silver Mines (SIL-X) have tabled a mineral resource estimate for their jointly held Platosa property, near Bermejillo, Mexico.Completed by Roscoe Postle Associates …
News
Expats gunned down near Grasberg
An ambush along a road near Freeport-McMoRan Copper & Gold’s (FCX-N) Grasberg mine in Indonesia’s Papua province has left three dead.A band of about 15 people armed with M-16 automatic weapons and a r…
Claude, Placer strike gold in Red Lake
Echoing the exploration success of their rival, Goldcorp (G-T), partners Placer Dome (PDG-T) and Claude Resources (CRJ-T) have discovered a high-grade gold system in the Red Lake camp of northw…
Mongolia makes pitch to investors
Mongolia has introduced measures aimed at encouraging development of its mineral resources.The government will double its existing budget for geologically mapping the entire country at a scale of 1:20…
Western markets remain sluggish
Vancouver — Canada’s junior bourse edged up slightly over the holiday-shortened trading week ended Sept 3. The TSX Venture Exchange composite index added 0.73 of a point, or 0.07% of its value, to cl…
Mountain Province soars on release of diamond counts
Spooked by more dreary economic figures down south, sellers outpaced buyers here at home to leave the broad market 201.79 points behind. The Toronto Stock Exchange Composite Index finished the holiday…
Bullmoose slashes workforce
Vancouver — The Bullmoose coal mine in northeastern British Columbia is reducing its workforce as the deposit nears depletion.Forty-three employees were recently laid off, reducing the total workforc…
Novicourt takes a loss in second quarter
Noranda’s (NRD-T) 62.1%-owned base metal subsidiary, Novicourt (NOV-T), continues to suffer the ills of low copper and zinc prices.The company posted a second-quarter loss of $130,000 (or nil per shar…
LME Warehouse Levels (September 09, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept. 3 (change from August 27 in brackets):Metalstock (tonnes)ChangeAluminium1299525…
Redcorp aims drill at Hawk in BC
Redcorp Ventures (RDV-T) has launched a 1,500-metre drill program on its Hawk gold project in north-central British Columbia.Surface sampling traced two parallel veins over a 3-km strike length at the…
AMI samples high grade at Adumasa project
AMI Resources (AMU-V) has tabled impressive results from ongoing pitting and trenching at the Adumasa project in Ghana, West Africa.The program is testing surface mineralization between holes ADDD007 …
Antofagasta proves profitable (September 09, 2002)
Bucking the trend of many copper producers, Antofagasta posted a profit of US$52.5 million for the first six months of 2002.This marks an 84% jump over the US$28.5 million tallied in the first six mon…