Croesus eyes more ground in Mexico
Vancouver — International Croesus Ventures (ICU-V) has inked a letter of intent with Golden Temple Mining (GTM-V)…
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Partners ready Mistassini drill targets
Partners ready Mistassini drill targets Partners Canabrava Diamond (CNB-V) and Majescor Resources (MAJ-V) have…
Stillwater weathers charge
Montana-based platinum producer Stillwater Mining (SWC-N) finished 2001 off with net income of US$65.8 million desp…
Ashton returns to Buffalo Hills
The joint-venture partners in the Buffalo Hills diamond project in northern Alberta are preparing to begin delineation drilling on the K252 kimberlite.K252 is the most promising of the 36 kimberlites …
Producer and Dealer Prices (February 11, 2002)
Antimony: Mid-mkt US$1,125/t.Bismuth: Mid-mkt US$3.25/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.95-7.40/lb.Copper: Comex Mar. US$0.7325/lb.
Diamonds sparkle at Cordilleran Roundup (February 11, 2002)
Vancouver — If high attendance and enthusiasm at a conference are any indication of an industry’s strength, then the recent Cordilleran Exploration Roundup in Vancouver showed that mining is finally …
Silver may replace toxic chemicals
More than 100 million oz. silver could be used each year in biocides for wood preservation and marine anti-fouling coatings, owing to concern over the toxicity of current, chemical-based biocides.The …
Northern Miner Indices (February 11, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T25.5CamecoCO-T4.1FalconbridgeFL-T5.3Franco-Nevada MiningFN-T7.0Freeport McMoRan Cop’r BFCX-N5.7IncoN-T9.2Newmont Mining…
TSE Short Positions (February 11, 2002)
Short positions outstanding at January 31, 2002Larger individual positions includeAgnico-Eagle 2,367,151 up 213,497; Alcan Inc. 1,411,774 up 304,058; Barrick Gold 11,520,490 down 1,009,95…
High River posts record production (February 11, 2002)
During 2001, High River Gold Mines (HRG-T) produced a record amount of gold from its 50%-owned New Britannia mine in Manitoba and from the mines of Buryatzoloto, a Russian company in which High River …
Gold symposium set for Lima
Peru’s principal organization for the mining industry, the Sociedad Nacional de Mineria, Petroleo y Energia (SNMPE), will hold the fifth International Gold Symposium in Lima from May 14 to 17.The symp…
Japan closes last coal mine
After 82 years, the Taiheiyo coal mine in Kushiro, Japan, has shut its doors. The closure, and with it, the loss of about 1,000 jobs, is attributed to high production costs and cheap imports.Kushiro w…