NovaGold explores Donlin Creek gold project
Denver — Junior NovaGold Resources (NRI-T) has begun modelling the Donlin Creek deposit in southwestern Alaska in preparation for further drilling in July.Earlier this year, the California-based comp…
News
Chapleau options Kougarok tantalum property in Alaska
An agreement with Navigator Exploration (nvr-v) allows Chapleau Resources (CHI-V) to earn up to a 60% interest in the Kougarok tantalum property in north-central Seward Peninsula, about 112 km from No…
Producer and Dealer Prices (June 18, 2001)
Antimony: Mid-mkt US$1,125/t.Bismuth: Mid-mkt US$3.80/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$11.00-12.75/lb.Copper: Comex May US$0.726/lb.Indium: Ind…
News – 18-JUN-01
Gold paying the price of past hoarding
It was a nice two weeks, but gold faded back to US$265 per oz. as though it had never seen US$280. Gold lease rates, which went up — gasp! — half a point, are back near 2%. Nothing seems to move the…
Inmet options Lemoine
Toronto-based Inmet Mining (IMN-T) has optioned the Lemoine base metal property in Quebec’s Chibougamau mining camp from Loubel Exploration.To earn a 60% interest, Inmet must spend $3 million on explo…
Poised for recovery
Natural Resources Canada has completed its annual report on trends in Canadian mineral exploration.The mineral exploration sector experiences cycles that last about 10 years. Past lows in exploration …
Aur, Arizona Star hit gold in Chile
Partners Aur Resources (AUR-T) and Arizona Star Resource (AZS-V) are planning more work to test a newly discovered gold zone on the Agua de la Piedra property in northern Chile.Operator Aur, which hol…
Canaccord hosts gold seminar
Robert Buchan, president of Kinross Gold, and Anthony Walsh of Miramar Mining will speak at a seminar on precious metals, to be held June 21 at the Toronto Board of Trade.Canaccord Capital is sponsori…
Aylmer Lake find proves diamond-bearing
A narrow kimberlite dyke discovered during spring drilling on the Aylmer Lake West property in the Northwest Territories has yielded an encouraging number of microdiamonds.A 1.6-metre-thick interval o…
Copper and zinc test new lows
The base metals market deteriorated further during the report period June 4-8. Only the performance of tin, the average cash price of which gained 3% on aggressive fund buying, saved it from an across…
Majescor chases diamond deposits in northern Quebec
Exploration for a specific mineral will sometimes lead to the discovery of an entirely different commodity, as happened in the mid-1990s, at Voisey’s Bay, Labrador, when two prospectors found a world-…