News

Akrokeri weathers shortfall

Heavy rains at its 85%-owned Bonte mine in Ghana caused a production shortfall for Akrokeri-Ashanti Gold Mines (YAG-V) in the second quarter.Production at the alluvial gold operation slowed to 17,512 …


Study offers positive outlook for coal

Consumption for internationally traded thermal coal will likely remain strong, while coking demand is expected to be steady over the long term, according to a study by AME Mineral Economics of Austral…



General Minerals drops Escalones (August 20, 2001)

Vancouver — Denver-based General Minerals (GNM-T) has decided to drop the promising Escalones copper skarn project in Chile, where a large lease payment was due this month.The company failed to find …


Producer and Dealer Prices (August 20, 2001)

Antimony: Mid-mkt US$1,005/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$9.30-11.00/lb.Copper: Comex Sept. US$0.6655/lb.Indium: I…


Gabriel tables study for Rosia Montana

Gabriel Resources (GBU-T) has announced the completion of a feasibility study of its 80%-owned Rosia Montana gold project in Romania. The study focuses on the potential for developing a large-scale op…


WMC eyes nickel-copper project

Australia’s WMC (WMC-N) is aggressively exploring its Quebec 7 project, situated about 300 km north of Schefferville.An extensive airborne electromagnetic geophysical survey of some 16,000 line km has…


Silver Standard expands Manantial Espejo

Vancouver — Following a drill program at the Manantial Espejo silver-gold deposit in southern Argentina, Silver Standard Resources (SSO-V) has increased its indicated silver-equivalent resource at th…


Northern Miner Indices (August 20, 2001)

NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T18.7FalconbridgeFL-T5.9Franco-Nevada MiningFN-T6.5Freeport McMoRan Cop’r BFCX-N5.3Homestake MiningHM-N6.4IncoN-T9.4Newm…



Program tests Agnew Lake

South African major Anglo American Platinum has approved a $1.2-million budget for the Agnew Lake platinum group metals project in the Sudbury region of Ontario.Agnew Lake is owned by New Millennium M…


Aurora busy in Ontario, Quebec

Vancouver — Junior Aurora Platinum (ARP-V) is exploring seven projects in Ontario and Quebec, while, at the same time, seeking partnerships with major companies.At its Foy project, near Sudbury, Ont….


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