US markets continue to slide
Denver — The Dow Jones industrial average sank another 243.43 points, or 2.7%, to 8,659.64 during the report period ended Sept. 25 — its lowest level in four years. The Nasdaq settled at 1501.64.The…
News
Exhibit shows off aluminum
Aluminum by Design, an exhibition featuring sculptures, fashion, jewelry, architecture and robotics, is on display at the Montreal Museum of Fine Arts until Nov. 4. It is one in a series of events com…
Canadian Stock Exchange Indices (October 01, 2001)
DateSept. 25Sept. 24Sept. 21Sept. 20Sept. 19HighLowTSE 3006702.016661.976513.136521.796…
Ivanhoe Mines tops up treasury
With another US$5 million in the till, Ivanhoe Mines (IVN-T) is well-financed to continue exploring for gold and other metals in Southeast Asia.The junior is exploring a gold-copper-molybdenum porphyr…
China and NWMA sign agreement
The Northwest Mining Association (NWMA) and the China National Coal Association (CNCA) have signed a memorandum of understanding at the National Institute of Occupational Safety and Health (NIOSH) in …
US indicators depress prices
Although some metals prices have started to show signs of nervous volatility as prices test new lows, the risks to the downside remain in place.Economic expectations for the performance of the U.S. ec…
Falco, Impala join MacDonald at Casson (October 01, 2001)
MacDonald Mines Exploration (MMP-V) has reached an agreement-in-principal with Falconbridge (FL-T) and Impala Platinum to create a joint venture for the purpose of exploring the Casson Lake pla…
Annax advances Dairi zinc-lead project
Vancouver — Having drilled 58 holes at the Dairi project in North Sumatra, Indonesia, International Annax Ventures (IAX-V) is proceding with a scoping study of the Anjing Hitam deposit.The current dr…
‘Silvery Slocan’ rides again
The “Silvery Slocan” mines, among the most famous in British Columbia’s history, have emerged from the obscurity of the past, and ghost mining towns are warming with life again.Caught in the rush of t…
Gold Fields to buy WMC’s gold mines
Consolidation in the gold sector continues apace, with South Africa’s Gold Fields (GOLD-Q) striking a deal to buy WMC’s (WMC-N) St. Ives and Agnew mines in Western Australia.Gold Fields will pay US$18…
Namco secures more funds
An arms-length loan provides Namibian Minerals (NMR-T) with US$6 million to continue marine diamond production off the coast of the southwest African nation.The loan, provided by a subsidiary of the c…
Ashton hits apparent kimberlite at Otish
Ashton Mining of Canada (ACA-T) has intersected what appears to be kimberlite in the first hole of a drilling program in the Otish Mountains region of north-central Quebec.A vertical hole drilled into…