Goldfields gains Centaur ground
Australian-based Goldfields has bought the Mt. Pleasant properties of insolvent gold and nickel producer Centaur Mining & Exploration from the company’s receivers.The A$42.6-million purchase consolida…
News
The Northern Miner — North American Mining Index (October 22, 2001)
67.37 (+0.74)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (October 22, 2001)
46.87 (+1.08)(Sept. 30/98 = 100)…
Masuparia cuts high grade at Greywacke
Vancouver — Junior Masuparia Gold (MPG-V) continues to intersect high-grade gold at its Greywacke project, 90 km northeast of La Ronge, Sask. The company is testing the continuity between gold interc…
Mustang, Implats forge ahead at River Valley
Trenching at the River Valley project in northern Ontario has uncovered more rich platinum-palladium grades for partners Mustang Minerals (YMU-V) and Impala Platinum.Each of two trenches, spaced 950 m…
Negotiations on Voisey’s Bay extended
Talks between Inco (N-T) and the Newfoundland government have been extended until year-end to give the parties more time to hammer out a development deal for the Voisey’s Bay nickel project in Labrado…
Canadian Stock Exchange Indices (October 22, 2001)
DateOct. 16Oct. 15Oct. 12Oct. 11Oct. 10HighLowTSE 30070…
Aripuana stepout confirms sulphides
Drilling by Anglo American (AAUK-Q) on an electromagnetic (EM) anomaly at the Aripuana property in Brazil’s Mato Grosso state has confirmed massive sulphides 500 metres along strike from the previous …
First Quantum cuts copper grades at Nkana
Infill drilling by partners First Quantum Minerals (FM-T) and Swiss-based Glencore International is attempting to replenish reserves at the Nkana copper-cobalt operation in Zambia’s copper belt.Nkana …
PNWC buoyed by resource estimate at River Valley
Vancouver — Pacific North West Capital (PFN-T) is encouraged by an independent resource estimate for its River Valley platinum group metal property, near Sudbury, Ont.The combined in situ resource of…
Metal Prices (October 22, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateOct. 16Oct. 15Oct. 12Oct. 11Oct. 10Aluminium1282/13…
Spot Prices Wed. October 17, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$281.65-$4.85Silver$ 4.38-$0.11Platinum$442.00+$…