Johnson Matthey buys asset
Johnson Matthey has acquired Avocado Research Chemicals, a manufacturer and supplier of organic compounds used in laboratory research.Based in Heysham, Lancashire, U.K., Avocado is a reputed supplier …
News
Glamis looks to Francisco for growth
Two years of discussions have culminated in the proposed merger of Glamis Gold (GLG-T) and Francisco Gold (FGX-V), with Glamis President Kevin McArthur predicting that the new entity will rank as the …
Ivanhoe finds gold-rich copper zone at Turquoise Hill
Encouraged by the potential of the Turquoise Hill copper-gold project in southern Mongolia, Ivanhoe Mines (IVN-T) has assigned three drill rigs to the Central Oyu zone, where it recently cut a signifi…
Daily Metal Prices (March 11, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateMarch 5March 4March 1Feb. 28Feb. 27Aluminium1403/14…
CDNX follows major bourses up
Vancouver — Canada’s junior exchange broke out of its recent slide and posted modest gains during the 5-day report period ended March 5. The Standard & Poor’s/CDNX composite index gained 27.45 points…
Blow to TVX in Greece casts pall over market
The final day of the Feb. 27-March 5 report period saw the Bank of England dump another 643,200 oz. gold on the open market. The bank’s latest auction fetched US$296.50 for every ounce sold and was 3….
Spot Prices Wed. March 6, 2002
Precious MetalsPrice (US$/oz.)ChangeGold$294.35-$4.95Silver$ 4.53+$0.08Platinum$508.00+$…
Patrician stakes Blackwater
Patrician Consolidated Gold Mines (PXC-V) has staked the 268-sq.-km Blackwater Lake property, 550 km northwest of Yellowknife, N.W.T.The two claim groups, comprising 33 units, are accessible via a win…
GREATEST VALUE TRADED, FEB. 27 – MAR. 5
ExchgVal($000s)HighLowCloseChangeAlcoa*N79945239.7036.5838.43+0.93…
Northern Miner Indices (March 11, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T25.5CamecoCCO-T4.1FalconbridgeFL-T5.3Franco-Nevada MiningNMC-T7.0Freeport McMoRan Cop’r BFCX-N5.7IncoN-T9.2Newmont Mini…
News – 11-MAR-02
BC gov’t sets mining goals
The provincial government will do whatever it can to put British Columbia back on top of the mining industry, and I want to thank those companies that have stayed in the province and toughed it out.Am…