Producer and Dealer Prices (June 24, 2002)
Antimony: Mid-mkt US$1,360/t.Bismuth: Mid-mkt US$3.10/lb.Cadmium: Mid-mkt US$0.25/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$7.25-7.90/lb.Copper: Comex July US$0.7600/lb.Indium: Ind…
News
Horne employees walk out
Unionized employees at Noranda’s Horne copper smelter in Rouyn-Noranda, Que., walked off the job in mid-June.In late May, the smelter’s 510 employees voted in favour of a strike. The previous collecti…
Bill should encourage investment
It’s hoped that the Mineral and Petroleum Resources Development Bill, under review in parliamentary committee hearings in South Africa, will be amended so that investment, jobs and empowerment prospec…
Hope for Voisey’s Bay
The end of the soap opera over development of the Voisey’s Bay nickel deposit in Labrador is as welcome as it is overdue.The long deadlock between project owner Inco and the government of Newfoundland…
EuroZinc gets
Vancouver — EuroZinc Mining (EZM-V) has inked a deal with Portuguese government-owned Exmin to acquire its 25% interest in the Malhadinha exploration concession. As a result, the Vancouver-listed jun…
News – 24-JUN-02
BM Diamondcorp targets Indonesian alluvials
Seeking success where others have failed, Toronto-based junior BM Diamondcorp (BDI-V) intends to resume mining at the Cempaka alluvial diamond project in Indonesia.Comprising 39 sq. km, the property i…
Anglo find propels Aussie explorers
Vancouver — With delineation drilling on the Boyongan prospect outlining what appears to be one of the highest-grade copper-gold porphyry discoveries in recent memory, Australian-listed Greenstone Re…
Redcorp anticipates green light for Tulsequah Chief
British Columbia’s beleaguered mining industry has had little to cheer about for much of the past decade as exploration dollars dried up and headed south. Advanced-stage development projects have been…
El Sauzal proves bankable
Vancouver — With the US$121-million takeover of Francisco Gold (FGX-V) under way, Reno-based Glamis Gold (GLG-T) is wasting no time advancing the El Sauzal property in Mexico.In mid-June, Francisco s…
Trading Summary (June 21, 2002)
Toronto stocks ended the week on a sour note with the S&P/TSX Composite Index falling 85.92 points. Just two of the…
Eldorado increases Kisladag resource
Vancouver — After incorporating the results of this year’s drill program Eldorado Gold (ELD-T) has tabled an inter…