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…
News
Metorex axes Chibuluma South
Falling copper prices and climbing processing costs have forced London-listed Metorex to pull the plug on the Chibuluma South copper mine in Zambia.The company says the high-grade deposit will be retu…
PEOPLE (October 08, 2001)
Manhattan Minerals — Sally Eyre appointed manager of corporate communications.Nucanolan — John Archibald, Gar Rankin and Joe Ruffo appointed directors.Nord Pacific — John Roberts appoi…
Testing the ‘safe haven’ theory
Unless an all-out investor-led recovery in gold as a “safe haven” develops, prices will likely remain subdued as a slowdown in the world economy undermines demand for items made with the yellow metal….
News – 08-OCT-01
Peru’s new president vows to keep mining strong
Arequipa, Peru — Mining is a pillar of Peru’s economy, and newly elected President Alejandro Toledo intends to keep it that way.Toledo, who assumed his new post in July, recently offered reassurance …
Rio Tinto’s drilling leaves partners bullish on Cukurdere’s grade potential
Reverse-circulation drilling by Anatolia Minerals Development (YMC.U-V) and Rio Tinto (RTP-N) at the Cukurdere gold project in Turkey has returned short intervals grading better than 1 gram per tonne….
Canadian Stock Exchange Indices (October 08, 2001)
DateOct. 2Oct. 1Sept. 28Sept. 27Sept. 26HighLowTSE 3006839.586799.016838.566669.456654.83…
Producer and Dealer Prices (October 08, 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$8.20-9.50/lb.Copper: Comex Dec. US$0.65/lb.Indium: Indiu…
Gold Funds (October 08, 2001)
Gold Funds as of September 27, 2001Dundee Precious MetalsCentral FundNet Value$13.92$5.69Price$9.75$5.57…
LME Warehouse Levels (October 08, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Oct. 2/01 (change from Sept. 25 in brackets):MetalStock (tonnes)ChangeAluminium721300(+13275)Alumi…
Spot Prices Wed. October 3, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$289.95-$1.65Silver$ 4.59+$0.04Platinum$438.00-$…