PGM to work Stucco
Junior Platinum Group Metals (PTG-V) will begin exploring the Stucco palladium property near Thunder Bay, Ont.The area is one of two palladium plays in the province and is home to the Lac des les min…
News
Cdn Royalties drills Phoenix
Canadian Royalties (CZZ-V) reports encouraging platinum-palladium-gold grades at its Phoenix prospect in northern Quebec.Hole 2, drilled at minus 45 to the northeast, targeted the western part of a c…
Masuparia cuts high grade at Greywacke property
Vancouver — Masuparia Gold (MPG-V) has kicked off a 1,000-metre drill program at its Greywacke project, 90 km northeast of La Ronge, Sask.The first hole intersected 22.9 grams gold per tonne over a t…
NAME CHANGES (October 08, 2001)
Silverarrow Explorations (SVI-V) has changed its name to Aladdin Resources (ADN-V) on a 1-new-for-8-old-share basis.Quattro Resources (QRO-V) has changed its name to Aldershot Resou…
Stand-alone Fording eyed as takeover target
Fording Coal has left the broad umbrella of railway and hotel giant Canadian Pacific to become a stand-alone, publicly traded company. The new, Toronto-listed entity is now known simply as Fording (FD…
Bulls beat bears on CDNX
Vancouver — Canada’s junior exchange posted modest gains on all indices amid a high volume of trading. The Canadian Venture Exchange composite index closed the week ended Oct. 2 up 58.26 points, or 2…
PFN winds down River Valley drilling
Junior Pacific North West Capital (PFN-T) has released the final results of a fourth phase of drilling at the River Valley palladium project near Sudbury, Ont.Ninety-eight holes were sunk at the Dana …
Manitoba rehabilites abandoned mines
The Manitoba government will contribute $2 million toward the rehabilitation of abandoned mine sites.Industry, Trade and Mines will contribute $1 million over four years to cap and close off open shaf…
Colorado geoscience conference
The Colorado Geological Survey will host a geoscience conference Oct. 15-16 at the Doubletree Hotel in Durango.Discussions will focus on land-use planning, recognition and mitigation of geologic hazar…
Spot Prices Wed. October 3, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$289.95-$1.65Silver$ 4.59+$0.04Platinum$438.00-$…
LME Warehouse Levels (October 08, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Oct. 2/01 (change from Sept. 25 in brackets):MetalStock (tonnes)ChangeAluminium721300(+13275)Alumi…
Gold Funds (October 08, 2001)
Gold Funds as of September 27, 2001Dundee Precious MetalsCentral FundNet Value$13.92$5.69Price$9.75$5.57…