Tiberon moves forward at Nui Phao (October 22, 2001)
Vancouver – With five rigs turning on the Nui Phao tungsten-bismuth-copper-gold property in Vietnam., Calgary-based…
News
Weekend fire to have little impact
Diversified Australian miner WMC (WMC-N) says that a fire that broke out on Sunday in the solvent extraction area o…
Drill turns at Limousine Butte (October 22, 2001)
Vancouver — Partners Newmont Mining (NEM-N) and Nevada Pacific Gold (NPG-V) have launched a third round of drillin…
Gold Fields, Repadre to acquire Ghanaian gold mine (October 22, 2001)
South African gold producer Gold Fields (GOLD-Q) and Toronto-based Repadre Capital (RPD-T) have reached a memorandu…
Harmony rejects rival’s bid
Harmony Gold’s (HGMCY-Q) CEO Bernard Swanepoel says his company “has no intention to dispose of its Free State asse…
BHP Billiton joins Intrepid in Mexico
BHP Billiton (BHP-N) has entered into subscription and option agreements with Intrepid Minerals (IAU-V) to explore…
Trading Summary (October 22, 2001)
After dipping more than 49 points on Monday, the Toronto Stock Exchange regained ground in the afternoon to finish…
Ivanhoe expands Mongolian portfolio
Preliminary exploration results have prompted Ivanhoe Mines (IVN-T) to acquire four more copper-gold properties in Mongolia.The properties are in the mineral belt that hosts the Turquoise Hill porphyr…
Analysts rethink growth expectations
The flagship commodities of the London Metals Exchange (LME) performed poorly Oct. 8-12, with copper and aluminum shedding 0.6% and 1.6%, respectively, of their average cash price value. Elsewhere, ho…
CR cuts massive sulphides
Canadian Royalties (CZZ-V) has uncovered impressive base and precious metal values in the South Raglan trend in northern Quebec.Hole 4, drilled at the wholly owned Phoenix property in the Ungava Penin…
LME Warehouse Levels (October 22, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Oct. 16/01 (change from Oct. 9 in brackets):MetalStock (tonnes)ChangeAluminium725650(…
AfriOre scores profitable half
Metal-explorer-turned-coal-miner AfriOre (AFO-V) turned a small profit in the first half of its fiscal year, reflecting a strong operating performance at its 50%-owned Springlake colliery in South Afr…