Wolfden, Jonpol find PGMs at Nickleby Lake
Drilling at the Nickleby Lake prospect west of Thunder Bay, Ont., has returned encouraging platinum and palladium v…
News
Partners eye 512 zone
Vancouver — The first two holes of a planned 2,000-metre drill program by diversified miners Teck-Cominco (TEK-T)…
Twin pulls kimberlite at Cargo pipe
A drill hole at Twin Mining’s (TWG-T) Jackson Inlet diamond prospect on Baffin Island has cut a 148-metre section o…
Trading Summary (October 15, 2001)
The Toronto Stock Exchange opened lower and stayed there on Monday, finishing 75.40 points behind its Friday close…
LME Warehouse Levels (October 15, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Oct. 9/01 (change from Oct. 2 in brackets):MetalStock (tonnes)ChangeAluminium718875(-…
Knut Kuhner
Prospector Knut Kuhner, who discovered the platinum group metals (PGM) deposit that later became the Lac Des les palladium mine, has died. He was 73.Born in Hamburg, Germany, Kuhner came to Port Arth…
Glamis finds financing for Marigold
Looking for financing for its Marigold Millennium project in Nevada, Glamis Gold (GLG-T) has arranged a bought deal with $40 million in gross proceeds.The financing, arranged with Research Capital, BM…
Producer and Dealer Prices (October 15, 2001)
Antimony: Mid-mkt US$1,400/t.Bismuth: Mid-mkt US$3.60/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$8.00-9.40/lb.Copper: Comex Dec. US$0.64/lb.Indium: Indiu…
Heritage raises funds
Junior Heritage Explorations (HXL-V) has raised $300,000 by issuing 3 million treasury shares. The placement came with an equivalent number of warrants, which are exercisable at 10 apiece within the …
Sultan Minerals expands land base in BC
Vancouver — Junior Sultan Minerals (SUL-V) has added two properties to its portfolio in southeastern British Columbia.From a local prospector, the company acquired the Great Western property, which m…
De Beers to test unusual diamond occurrence at Festival
The Canadian exploration division of De Beers Consolidated Mines, now a subsidiary of Anglo American (AAUK-Q), will process a 100-tonne sample from the Cristal showing on the Festival diamond property…
Legris gets another look
A 1,000-metre drill program is testing for mineralized extentions at the Legris Lake polymetallic project near Thunder Bay, Ont.The property is split evenly between Avalon Ventures (AVL-V) and Starcor…